According to an analysis of Realtor.com data, the average home in Franklin County sold for $333,725 in July, up 1.2% from the previous month’s $329,900 sale.
Compared to July 2023, the median home list price increased 7.3% to $310,990.
The statistics in this article refer only to homes for sale in Franklin County, not homes that have sold. For information on your local real estate market, as well as other useful community data, visit data.publicopiniononline.com.
The median home in Franklin County was 1,980 square feet and cost $182 per square foot. The price per square foot of homes for sale has increased 12.7% since July 2023.
Listings in Franklin County moved briskly, with a median of 37 days on the market compared to a national median of 50 days on the market in July. The previous month, homes were on the market for a median of 34 days. There were about 156 new homes on the market in July, a 2.5% decrease from 160 new listings in July 2023.
Median home prices published by Realtor.com may exclude many or even most homes in a market. Price and volume refer only to single-family homes, condos or townhomes. They include existing homes but exclude most new construction and pending and contingent sales.
In Pennsylvania, median home prices were $325,000, down slightly from June. The median home for sale in Pennsylvania was 1,755 square feet, priced at $189 per square foot.
Across the United States, the median home price was $439,950, down slightly from the previous month. The average size of a home for sale in the U.S. was 1,869 square feet, and the price was $231 per square foot.
The median home listing price used in this report represents the average of all homes or apartments offered for sale during the specified time period. Experts say the median provides a more accurate picture of market trends than the average listing price, which would divide the sum of all listing prices by the number of homes sold. The average can be skewed by a particularly low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave feedback or corrections to this story here. This story was written by Ozge Terzioglu.
