Franklin Park, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 112 transactions over the past year in Franklin Park. The median value for residential home transactions that occurred over the previous year is $366,783.33. The number of current listings in Franklin Park is 12, and the percentage of properties for sale in the city is 12.00%. Franklin Park, NJ currently has 33 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 12 properties for sale.
Franklin Park, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
08823 | $ 377,600 $ 261/sqft |
Housing Market Summary for Franklin Park, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $389.9K | $362.8K | -6.95% |
Median Sold Price | $315K | $362.8K | 15.17% |
Homes For Sale | 14 | 13 | -7.14% |
Homes Sold | 67 | 65 | -2.99% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Franklin Park, NJ
Browse Homes in Franklin Park, NJ
Franklin Park home values range from $194,100 to $1,505,000. The median estimated value of a home in Franklin Park is $366,783.33. The median list price of a home is 372,500, and the total count of properties in the city is 3,371.
- Pre-ForeclosurePre-foreclosure homes account for 0.83% of all residential properties in Franklin Park, NJ with 08823 containing 28 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Franklin Park, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,126,000 in 08823 to the lowest home value of $201,400 in 08823.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Franklin Park, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Franklin Park, NJ. There is 1 zips within Franklin Park, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08823 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Franklin Park, NJ. Auction homes and other auction properties account for 0.15% of all properties in Franklin Park, NJ. There is 1 zips within Franklin Park, NJ; of that zips, the median estimated home value for homes going to auction ranges from $442,100 in 08823 to the lowest value of $195,200 in 08823.
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Guide for Franklin Park, NJ
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