#R1587935, Melissa Bedell, Listing Office: ERA Team VP-Arcade
Franklinville Housing Market Report February 2025•Cattaraugus County, New York
Housing Prices in Franklinville, NY
How much do homes in Franklinville, NY cost?
Housing Market Conditions
Is Franklinville, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Franklinville is a Seller's Market
Difference Since February 2024
Since last year, Franklinville has remained a Seller's Market.
Franklinville 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 Franklinville have sold for 19% more than they did a year ago.
Summary: The median home sold price in Franklinville was $178,475 in February 2025, up 19% from last year, and the median price per square foot was $106.
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $63.9K | N/A |
22 Bedrooms | $150K | $187K | +24.7% |
33 Bedrooms | $166.7K | $200K | +19.9% |
44 Bedrooms | $154.1K | $195K | +26.5% |
55+ Bedrooms | $116.5K | $117.5K | +0.9% |
Summary: Franklinville housing price by bedroom type for February 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 +24.7%. The home price for 3 bedroom homes increased by +19.9%. The home price for 4 bedroom homes increased by +26.5%. The home price for 5 bedroom homes increased by +0.9%.
How does Franklinville, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Franklinville, NY
Housing supply in Franklinville, NY
How many homes are available in Franklinville, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
29Last MonthFeb 2025 | ||
262 months agoJan 2025 | +11.5 % Change MoMJan – Feb |
Summary: The Franklinville real estate market had 29 homes for sale in Feb 2025, a 11.5 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthFeb 2025 | ||
32 months agoJan 2025 | +133.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 3 | -25.0% |
22 Bedrooms | 3 | 3 | 0.0% |
33 Bedrooms | 12 | 13 | +8.3% |
44 Bedrooms | 3 | 5 | +66.7% |
55+ Bedrooms | 4 | 5 | +25.0% |
Summary: Franklinville housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +8.3%. The inventory for 4 bedroom homes increased by +66.7%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Franklinville, NY cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price5 Homes
If you're buying a home in Franklinville, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Franklinville in February 2025, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.
Days on Market for Franklinville, NY
How long does it take to sell a home in Franklinville, NY?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days2 Homes
Over 90 Days1 Home
Many homes in Franklinville are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 7 homes were sold in Franklinville; 57% of homes were sold within 30 days, 29% 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 |
---|---|---|
45 DaysThis YearFeb 2025 | ||
62 Days1 year agoFeb 2024 | -27.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Franklinville had an average listing age of 45 days in Feb 2025, down by 27.5% compared to the previous year.
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Newest Listings in Franklinville, NY
What homes are available in Franklinville, NY?
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, for the period 03/01/2023 - 03/01/2025

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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/15/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.