#714681, Purcell, Mike, Listing Office: Friedrich Realty
Franklin Township Housing Market Report March 2025•Story County, Iowa
Housing Prices in Franklin Township, IA
How much do homes in Franklin Township, IA cost?
Housing Market Conditions
Is Franklin Township, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Franklin Township is a Seller's Market
Difference Since March 2024
Since last year, Franklin Township has remained a Seller's Market.
Franklin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Franklin Township have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Franklin Township was $335,000 in March 2025, up 4.7% from last year, and the median price per square foot was $219.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Gilbert | $341K | $452K | +32.6% |
Washington Township | $269.4K | $300K | +11.3% |
Ames | $309.4K | $328.1K | +6.0% |
Franklin Township | $320K | $335K | +4.7% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $170.5K | N/A |
22 Bedrooms | $197.5K | $231.5K | +17.2% |
33 Bedrooms | $294K | $295K | 0.3% |
44 Bedrooms | $385K | $413K | +7.3% |
55+ Bedrooms | $440K | $480K | +9.1% |
Summary: Franklin Township housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +17.2%. The home price for 3 bedroom homes increased by 0.3%. The home price for 4 bedroom homes increased by +7.3%. The home price for 5 bedroom homes increased by +9.1%.
How does Franklin Township, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Franklin Township, IA
Housing supply in Franklin Township, IA
How many homes are available in Franklin Township, IA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
66Last MonthMar 2025 | ||
572 months agoFeb 2025 | +15.8 % Change MoMFeb – Mar |
Summary: The Franklin Township real estate market had 66 homes for sale in Mar 2025, a 15.8 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
13Last MonthMar 2025 | ||
102 months agoFeb 2025 | +30.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 2 | 3 | +50.0% |
33 Bedrooms | 19 | 20 | +5.3% |
44 Bedrooms | 23 | 30 | +30.4% |
55+ Bedrooms | 13 | 13 | 0.0% |
Summary: Franklin Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +5.3%. The inventory for 4 bedroom homes increased by +30.4%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Franklin Township, IA cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price8 Homes
If you're buying a home in Franklin Township, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Franklin Township in March 2025, up by 30.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and and 23% were sold over asking.
Days on Market for Franklin Township, IA
How long does it take to sell a home in Franklin Township, IA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days4 Homes
Over 90 Days2 Homes
Many homes in Franklin Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 13 homes were sold in Franklin Township; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
34 DaysThis YearMar 2025 | ||
90 Days1 year agoMar 2024 | -61.9 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Franklin Township had an average listing age of 34 days in Mar 2025, down by 61.9% compared to the previous year.
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Newest Listings in Franklin Township, IA
What homes are available in Franklin Township, IA?
Nearby markets
Nearby markets aren't available for Franklin Township, IA
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 04/01/2023 - 04/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.