Newly released data from Realtor.com for April shows that potential buyers and sellers in Franklin County saw lower home sale prices than the previous month’s median of $265,500.
The median home sold for $256,000, an analysis of data from Realtor.com shows. That means April, the most recent month for which figures are available, was down 3.6% from March.
Compared to April 2024, the median home sales price was up 4.5% compared to $245,000.
Realtor.com sources sales data from real estate deeds, resulting in a few months’ delay in the data. The statistics don’t include homes currently listed for sale and aren’t directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.therecordherald.com.
Here is a breakdown on median sale prices:
Looking only at single-family homes, the $256,000 median selling price in Franklin County was down 3.8% in April from $266,000 the month prior. Since April 2024, the sales price of single-family homes was up 2.4% from a median of $250,000.No single-family homes sold for $1 million or more during the month.
Condominiums and townhomes decreased by 5.8% in sales price during April to a median of $249,500 from $265,000 in March. Compared to April 2024, the sales price of condominiums and townhomes was up 6.2% from $235,000. No condominiums or townhomes sold for $1 million or more during April.
About recorded home sales in Franklin County in Pennsylvania
In April, the number of recorded sales in Franklin County rose by 4.9% since April 2024 — from 163 to 171. All residential home sales totaled $47.3 million.
Across Pennsylvania, homes sold at a median of $275,000 during April, up 3.8% from $265,000 in March. There were 11,081 recorded sales across the state during April, down 11.9% from 12,570 recorded sales in April 2024.
Here’s a breakdown for the full state:
The total value of recorded residential home sales in Pennsylvania increased by 26.6% from $3.2 billion in March to $4.1 billion this April.
Out of all residential home sales in Pennsylvania, 2.97% of homes sold for at least $1 million in April, up from 2.39% in April 2024.
Sales prices of single-family homes across Pennsylvania increased by 3.8% from a median of $265,023 in March to $275,000 in April. Since April 2024, the sales price of single-family homes across the state was up 5.8% from $260,035.
Across the state, the sales price of condominiums and townhomes rose 5.2% from a median of $261,500 in March to $275,000 during April. The median sales price of condominiums and townhomes is up 6.7% from the median of $257,709 in April 2024.
The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what’s happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on Waynesboro Record Herald: Homes in Franklin County sold for lower prices recently: See how much here