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Franklin Park Housing Market Report June 2025•Lucas County, Ohio

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Housing Prices in Franklin Park, OH

How much do homes in Franklin Park, OH cost?

Housing Market Conditions

Is Franklin Park, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Franklin Park is a Seller's Market

Difference Since June 2024

Since last year, Franklin Park has remained a Seller's Market.

Insight

Franklin Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$185,808$140/SqFt
+$15,808
+9.3%

Based on all homes sold in the last 12 months

Insight

Homes in Franklin Park have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Franklin Park was $185,808 in June 2025, up 9.3% from last year, and the median price per square foot was $140.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Westgate
+12.8%
Franklin Park
+9.3%
DeVeaux
+7.2%
Whitmer / Trilby
0.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1$65K$73.8K
+13.6%
2$142.5K$150K
+5.3%
3$166K$197.5K
+19.0%
4$227K$195K
-14.1%
5$167K$379.9K
+127.5%

Summary: Franklin Park housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +13.6%. The home price for 2 bedroom homes increased by +5.3%. The home price for 3 bedroom homes increased by +19.0%. The home price for 4 bedroom homes decreased by -14.1%. The home price for 5 bedroom homes increased by +127.5%.

How does Franklin Park, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Franklin Park, OH

Housing supply in Franklin Park, OH

How many homes are available in Franklin Park, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
54Last MonthJun 2025
572 months agoMay 2025
-5.3 %
Change MoMMay – Jun

Summary: The Franklin Park real estate market had 54 homes for sale in Jun 2025, a 5.3 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
20Last MonthJun 2025
192 months agoMay 2025
+5.3 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
254
-20.0%
34339
-9.3%
4810
+25.0%
511
0.0%

Summary: Franklin Park housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -9.3%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Franklin Park, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price15 Homes

At Asking Price2 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Franklin Park, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Franklin Park in June 2025, up by 5.3% month-over-month. Of the 20 sold homes, 15% were sold under asking, 10% were sold at asking, and and 75% were sold over asking.

Days on Market for Franklin Park, OH

How long does it take to sell a home in Franklin Park, OH?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days16 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Franklin Park has remained consistent over time.

Summary: During June 2025, 20 homes were sold in Franklin Park; 15% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
47 DaysThis YearJun 2025
42 Days1 year agoJun 2024
+13.3 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Franklin Park had an average listing age of 47 days in Jun 2025, up by 13.3% compared to the previous year.

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Newest Listings in Franklin Park, OH

What homes are available in Franklin Park, OH?

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MLS Disclaimers and Copyright

Based on information from Northwest Ohio Real Estate Information Systems, and MiRealSource Inc. DL for the period 07/01/2023 - 07/01/2025

IDX Copyright 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.

Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 7:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.