New - 7 hours on Rocket
$3,741 Closing Credit¹
#73330157, Adam Provost, Listing Office: Trademark Real Estate
Franklin County Housing Market Report December 2024•Franklin County, Massachusetts
Housing Prices in Franklin County, MA
How much do homes in Franklin County, MA cost?
Housing Market Conditions
Is Franklin County, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Franklin County is a Seller's Market
Difference Since December 2023
Since last year, Franklin County has remained a Seller's Market.
Insight
Franklin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$339,200$210/SqFt
+$24,200
+7.7%
Based on all homes sold in the last 12 months
Insight
Homes in Franklin County have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Franklin County was $339,200 in December 2024, up 7.7% from last year, and the median price per square foot was $210.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Hampshire County | $390K | $424.4K | +8.8% |
| Franklin County | $315K | $339.2K | +7.7% |
| Worcester County | $439.9K | $470.9K | +7.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $255K | $174K | -31.8% |
| 22 Bedrooms | $265K | $282.5K | +6.6% |
| 33 Bedrooms | $326K | $360K | +10.4% |
| 44 Bedrooms | $350K | $397.5K | +13.6% |
| 55+ Bedrooms | $311.2K | $372.5K | +19.7% |
Summary: Franklin County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -31.8%. The home price for 2 bedroom homes increased by +6.6%. The home price for 3 bedroom homes increased by +10.4%. The home price for 4 bedroom homes increased by +13.6%. The home price for 5 bedroom homes increased by +19.7%.
Housing supply in Franklin County, MA
How many homes are available in Franklin County, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 162Last MonthDec 2024 | ||
| 1892 months agoNov 2024 | -14.3 % Change MoMNov – Dec |
Summary: The Franklin County real estate market had 162 homes for sale in Dec 2024, a 14.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 49Last MonthDec 2024 | ||
| 422 months agoNov 2024 | +16.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 9 | 7 | -22.2% |
| 22 Bedrooms | 41 | 33 | -19.5% |
| 33 Bedrooms | 77 | 72 | -6.5% |
| 44 Bedrooms | 47 | 36 | -23.4% |
| 55+ Bedrooms | 15 | 14 | -6.7% |
Summary: Franklin County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -22.2%. The inventory for 2 bedroom homes decreased by -19.5%. The inventory for 3 bedroom homes decreased by -6.5%. The inventory for 4 bedroom homes decreased by -23.4%. The inventory for 5 bedroom homes decreased by -6.7%.
Asking Price vs. Sold Price
How much do homes in Franklin County, MA cost?
Over Asking Price26 Homes
At Asking Price4 Homes
Under Asking Price19 Homes
Insight
If you're buying a home in Franklin County, you could pay more than the asking price. 53.1% of homes here sold above asking price last month.
Summary: A total of 49 homes were sold or pending in Franklin County in December 2024, up by 16.7% month-over-month. Of the 49 sold homes, 39% were sold under asking, 8% were sold at asking, and and 53% were sold over asking.
Days on Market for Franklin County, MA
How long does it take to sell a home in Franklin County, MA?
Breakdown of Home Sale Times
Under 30 Days29 Homes
30 – 90 Days17 Homes
Over 90 Days3 Homes
Insight
Many homes in Franklin County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 49 homes were sold in Franklin County; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 34 DaysThis YearDec 2024 | ||
| 40 Days1 year agoDec 2023 | -15.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Franklin County had an average listing age of 34 days in Dec 2024, down by 15.8% compared to the previous year.
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Newest Listings in Franklin County, MA
What homes are available in Franklin County, MA?
New - 21 hours on Rocket
#73330029, Ruth Truesdell, Listing Office: Acres Away Realty, Inc.
New - 1 day on Rocket
$3,206 Closing Credit¹
#73329924, Candor Realty Group, Listing Office: Four Points Real Estate, LLC
New - 2 days on Rocket
$5,213 Closing Credit¹
#73329655, Herbert Butzke, Listing Office: William Pitt Sotheby's International Realty
New - 6 days on RocketBackup offers
$3,324 Closing Credit¹
#73328519, Erin Maclean, Listing Office: Keller Williams Realty
New - 7 days on Rocket
$4,738 Closing Credit¹
#73328426, Carol Bolduc, Listing Office: Coldwell Banker Community REALTORS®
New - 7 days on Rocket
$5,142 Closing Credit¹
#73328328, Rebecca Huang, Listing Office: East West Real Estate, LLC
#73327571, Carol Bolduc, Listing Office: Coldwell Banker Community REALTORS®
$10,000 Closing Credit¹
#73327545, Jason Saphire, Listing Office: www.HomeZu.com
$6,757 Closing Credit¹
#73327524, David Bardsley, Listing Office: Action Realty Group
Backup offers
$3,799 Closing Credit¹
#73327440, Benjamin Hause, Listing Office: Keller Williams Realty North Central
$3,086 Closing Credit¹
#73327414, Michael DelGreco, Listing Office: Elite Realty Partners LLC
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Based on information from MLS Property Information Network Inc., Berkshire County Multiple Listing Service, and PrimeMLS for the period 01/01/2023 - 01/01/2025
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Last updated on: 1/29/2025, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/29/2025, 3:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is 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. Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.