07416 Home Values & Market Trends
There are 80 homes currently listed for 07416. 07416 real estate market trends show that home prices range from $150,000 to $1,600,000, and the median sales price in the 07416 zip code is $407,448.52. The total number of properties sold within the past twelve months is 106. In 07416, 37 properties are in foreclosure, 3 are bank owned properties,and 2 are headed for auction.
07416 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Franklin | $ 419,950 $ 275/sqft |
Housing Market Summary for 07416
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $407.5K | $339.5K | -16.68% |
| Median Sold Price | $384.4K | $339.5K | -11.68% |
| Homes For Sale | 10 | 59 | 490.00% |
| Homes Sold | 47 | 26 | -44.68% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07416
Browse Homes in 07416
The median list price of a home in Franklin, is $407,448.52. A total of 80 properties are for sale, and the percentage of properties for sale in the zip code is 68.38%. The total count of 07416 properties is 3,017.
- Pre-ForeclosurePre-foreclosure homes account for 1.06% of all residential properties in 07416 with Franklin containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07416; of that cities, the estimated home value for pre-foreclosure homes ranges from $933,172 in Franklin to the lowest home value of $277,691 in Franklin.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07416 ranges from the highest value of $860,785 in Franklin to the lowest value of $251,404 in Franklin. Bank owned homes and properties account for 0.10% of properties in 07416. There is 1 cities within 07416; Franklin containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsFranklin has 2 auction properties, the highest number of properties going to auction in a single city in the state of 07416. Auction homes and other auction properties account for 0.07% of all properties in 07416. There is 1 cities within 07416; of that cities, the median estimated home value for homes going to auction ranges from $399,900 in Franklin to the lowest value of $399,900 in Franklin.