The New Franklin housing market is very competitive. The median sale price of a home in New Franklin was $243K last month, down 6.7% since last year. The median sale price per square foot in New Franklin is $183, up 10.2% since last year.
What is the housing market like in New Franklin today?
In May 2025, New Franklin home prices were down 6.7% compared to last year, selling for a median price of $243K. On average, homes in New Franklin sell after 23 days on the market compared to 33 days last year. There were 8 homes sold in May this year, down from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$242,500
-6.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
New Franklin, OH
$242,500
-6.7%
United States
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How hot is the New Franklin housing market?
New Franklin is very competitive. Homes sell in 17 days.
0
100
83
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 17 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on New Franklin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in New Franklin.
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
New Franklin has a moderate risk of flooding. 395 properties in New Franklin are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in New Franklin. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
New Franklin has a moderate risk of wildfire. There are 356 properties in New Franklin that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in New Franklin.
New Franklin has minimal risk of severe winds over the next 30 years
Wind Factor
New Franklin has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.