Franklin Park, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 83 transactions over the past year in Franklin Park. The median value for residential home transactions that occurred over the previous year is $442,669.2. The number of current listings in Franklin Park is 87, and the percentage of properties for sale in the city is 79.09%. Franklin Park, NJ currently has 23 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 87 properties for sale.

Franklin Park, NJ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
08823

$ 410,000

$ 308/sqft

Housing Market Summary for Franklin Park, NJ

Jun 2025June 2026Change
Median Listing Price$347.3K$451.5K30.03%
Median Sold Price$380.8K$451.5K18.59%
Homes For Sale2896242.86%
Homes Sold5031-38.00%
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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%.

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Recently Sold Homes

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Browse Homes in Franklin Park, NJ

Franklin Park home values range from $126,808 to $2,760,454. The median estimated value of a home in Franklin Park is $442,669.2. The median list price of a home is 387,900, and the total count of properties in the city is 3,016.

Foreclosure
There is 1 zips within Franklin Park, NJ; within this zips, the median estimated home value for homes in foreclosure ranges from $826,483 in 08823 to the lowest value of $206,090 in 08823. Foreclosure homes account for 0.00% of properties in Franklin Park, NJ with 08823 containing 23 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.70% of all residential properties in Franklin Park, NJ with 08823 containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Franklin Park, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $826,483 in 08823 to the lowest home value of $206,090 in 08823.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin Park, NJ 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 Franklin Park, NJ. There is 1 zips within Franklin Park, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    08823 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Franklin Park, NJ. Auction homes and other auction properties account for 0.07% of all properties in Franklin Park, NJ. There is 1 zips within Franklin Park, NJ; of that zips, the median estimated home value for homes going to auction ranges from $429,000 in 08823 to the lowest value of $247,447 in 08823.
Homes for Sale
Homes and properties that are actively listed for sale account for 2.88% of residential properties in Franklin Park, NJ with 08823 containing 87 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Franklin Park, NJ; homes for sale in that zips, have a range of median values from $1,254,626 in 08823 to the lowest value of $201,925 in 08823.
    Sold Homes
    The median value for recently sold homes ranges from $1,067,238 in 08823 to the lowest price of $248,148 in 08823. There is 1 zips within Franklin Park, NJ. 08823 has 23 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.76% of properties in Franklin Park, NJ.

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