07416 Home Values & Market Trends
There are 88 homes currently listed for 07416. 07416 real estate market trends show that home prices range from $150,000 to $825,000, and the median sales price in the 07416 zip code is $410,204.76. The total number of properties sold within the past twelve months is 105. In 07416, 38 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
07416 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Franklin | $ 421,752 $ 290/sqft |
Housing Market Summary for 07416
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $392.5K | $345.4K | -11.99% |
| Median Sold Price | $378K | $345.4K | -8.62% |
| Homes For Sale | 19 | 83 | 336.84% |
| Homes Sold | 45 | 31 | -31.11% |
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 $410,204.76. A total of 88 properties are for sale, and the percentage of properties for sale in the zip code is 69.84%. The total count of 07416 properties is 3,010.
- Pre-ForeclosurePre-foreclosure homes account for 1.20% of all residential properties in 07416 with Franklin containing 36 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 $1,021,185 in Franklin to the lowest home value of $251,605 in Franklin.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07416 ranges from the highest value of $636,000 in Franklin to the lowest value of $636,000 in Franklin. Bank owned homes and properties account for 0.03% of properties in 07416. There is 1 cities within 07416; Franklin containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsFranklin has 1 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 0.03% 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.