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Is Franklin, PA 16323 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Franklin is a seller’s market. With about 2.7 months of supply and 8% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score19/ 100

More competitive than 13% of U.S. ZIP codes, and #581 of 601 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.7Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list78.6%Sold price ÷ list price
Median days on market85Listing to accepted offer
Median price per sq ft$62▼ −4.3% vs. last year

Run the numbers for 16323

Prefilled for 16323Can I win this house?Multiple-offer likelihood for a listing Prefilled for 16323Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cooperstown 16317Seller’s market $138 /sq ftCranberry 16319 — /sq ftEmlenton 16373Buyer’s market $56 /sq ftKennerdell 16374Buyer’s market $171 /sq ft Browse all markets →

More tools for 16323

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology