07416 Home Values & Market Trends
There are 31 homes currently listed for 07416. 07416 real estate market trends show that home prices range from $189,000 to $850,000, and the median sales price in the 07416 zip code is $408,939.88. The total number of properties sold within the past twelve months is 73. In 07416, 29 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.
07416 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Franklin | $ 406,300 $ 252/sqft |
Housing Market Summary for 07416
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $402.4K | $397.7K | -1.18% |
| Median Sold Price | $389.1K | $397.7K | 2.21% |
| Homes For Sale | 10 | 32 | 220.00% |
| Homes Sold | 45 | 27 | -40.00% |
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 $408,939.88. A total of 31 properties are for sale, and the percentage of properties for sale in the zip code is 51.67%. The total count of 07416 properties is 1,788.
- Pre-ForeclosurePre-foreclosure homes account for 1.45% of all residential properties in 07416 with Franklin containing 26 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 $696,100 in Franklin to the lowest home value of $274,800 in Franklin.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07416 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07416. There is 1 cities within 07416; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsFranklin has 3 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 0.17% 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 $562,500 in Franklin to the lowest value of $371,500 in Franklin.