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Friday, October 18, 2024

November 2021: Home prices in Franklin increased

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The median sale price of a home sold in November 2021 in Franklin rose by $15,000 while total sales increased by 40.6%, according to BlockShopper.com.

In November 2021, there were 45 homes sold, with a median sale price of $160,000 - a 10.3% increase over the $145,000 median sale price for the same period of the previous year. There were 32 homes sold in Franklin in November 2020.

The median sales tax in Franklin for the most recent year with available data, 2018, was $1,890, approximately 1.2% of the median home sale price for November 2021.

The following table compares Franklin to other Warren County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Waynesville19190%$298,900$264,50013%
Five Points220%$298,250$306,700-2.8%
Corwin10-$290,000$0-
Lebanon543842.1%$267,800$240,25011.5%
Maineville20-$265,000$0-
Landen201625%$234,750$257,500-8.8%
Hunter5425%$207,500$187,50010.7%
Blanchester10-$185,490$0-
Loveland Park30-$165,000$0-
Franklin453240.6%$160,000$145,00010.3%
Carlisle310-70%$115,311$157,450-26.8%

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