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Franklin Township Housing Market Report April 2025•Linn 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 April 2024
At the same time last year, Franklin Township was a Buyer's Market.
Insight
Franklin Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$305,000$157/SqFt
-$14,500
-4.5%
Based on all homes sold in the last 12 months
Insight
Homes in Franklin Township have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Franklin Township was $305,000 in April 2025, down 4.5% from last year, and the median price per square foot was $157.
Median Sold Price By Cities
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Mount Vernon | $340K | $349.9K | +2.9% |
| Lisbon | $290K | $295.5K | +1.9% |
| Lisbon | $292.5K | $295.5K | +1.0% |
| Franklin Township | $319.5K | $305K | -4.5% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $255K | $68K | -73.3% |
| 22 Bedrooms | $230.9K | $246.5K | +6.8% |
| 33 Bedrooms | $300K | $289.9K | -3.4% |
| 44 Bedrooms | $320K | $349.9K | +9.4% |
| 55+ Bedrooms | $557.3K | $382.5K | -31.4% |
Summary: Franklin Township housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -73.3%. The home price for 2 bedroom homes increased by +6.8%. The home price for 3 bedroom homes decreased by -3.4%. The home price for 4 bedroom homes increased by +9.4%. The home price for 5 bedroom homes decreased by -31.4%.
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 |
|---|---|---|
| 27Last MonthApr 2025 | ||
| 332 months agoMar 2025 | -18.2 % Change MoMMar – Apr |
Summary: The Franklin Township real estate market had 27 homes for sale in Apr 2025, a 18.2 % decrease compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthApr 2025 | ||
| 82 months agoMar 2025 | -12.5 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 13 | 9 | -30.8% |
| 44 Bedrooms | 10 | 9 | -10.0% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
Summary: Franklin Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes decreased by -30.8%. The inventory for 4 bedroom homes decreased by -10.0%. 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 Price2 Homes
Insight
If you're buying a home in Franklin Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Franklin Township in April 2025, down by 12.5% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and and 43% 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 Days6 Homes
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Many homes in Franklin Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 7 homes were sold in Franklin Township; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 35 DaysThis YearApr 2025 | ||
| 11 Days1 year agoApr 2024 | +213.7 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Franklin Township had an average listing age of 35 days in Apr 2025, up by 213.7% 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 Cedar Rapids MLS, for the period 05/01/2023 - 05/01/2025
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.