Is Franklin Center a buyer's or seller's market right now?

Franklin Center is currently a seller's market with 1.9 months of supply. 57.1% of homes sell above asking price, and 50% go pending within two weeks. The Ridley Sell Score for Franklin Center is 73/100 (Strong), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Franklin Center?

The median home price in Franklin Center is $700,000, up 55.6% year-over-year. The median price per square foot is $271. Homes sell in a median of 73 days with a sale-to-list ratio of 100.9%.

How much does it cost to sell a home in Franklin Center, New Jersey?

On a $700,000 home in Franklin Center, a traditional listing agent charges around $21,000 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $56,000 or more. With Ridley Essentials ($999) you save $20,001, and with Ridley Pro ($3,499) you save $17,501 while getting full agent support.

How does Ridley's flat fee compare to a traditional Franklin Center agent?

A traditional Franklin Center listing agent typically charges 3% of the sale price — about $21,000 on a $700,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $20,001–$17,501 compared to a traditional agent.

How long does it take to sell a home in Franklin Center?

The median home in Franklin Center currently spends 73 days on the market before going under contract, up 41% from last year. 50% of homes go pending within two weeks. At a 100.9% sale-to-list ratio, sellers are getting very close to or above asking price. Only 7.7% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New Jersey?

No. New Jersey does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $700,000 home, that could save you up to $17,501.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New Jersey. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $21,000 commission.

National/New Jersey

Franklin Center, NJ

Is Now a Good Time to Sell in Franklin Center, New Jersey?

The median home in Franklin Center sells for $700,000 with prices up 55.6% year-over-year. The average seller pays $21,000 in commissions — Ridley’s flat fee saves you $17,501.

Franklin Center Real Estate Market Conditions — April 2026

73out of 100

Ridley Sell Score

How it's scored →

Strong

73/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in Franklin Center favor sellers right now. Demand is outpacing supply, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessFavors sellers

1.9 months of supply — well below the 5-month balanced threshold — 44% below the New Jersey average of 3.4.

Price MomentumFavors sellers

Prices up 55.6% year-over-year — vs. +10% statewide.

Seller LeverageFavors sellers

Homes selling at 100.9% of asking — sellers are getting 0.9% above list on average. New Jersey average is 99.8%.

Bidding ActivityFavors sellers

57.1% of homes selling above list price — 39% above the New Jersey average of 41.1%.

Sale SpeedNeutral

73 median days on market — 1 days faster than the New Jersey average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 23.7% statewide.

Price StabilityFavors sellers

Only 7.7% of listings have dropped their price — sellers are holding firm. New Jersey average is 14.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$700,000

+55.6%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

+41%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$271

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

100.9%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

1.9

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

57.1%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

7.7%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

50%

Fast-moving

12-Month Price Trend

$675,000 → $700,000

▲3.7%

$700K$600K$500K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Franklin Center — delivered monthly.

Your savings

How much can you save selling your home in Franklin Center?

The average Franklin Center homeowner saves $17,501 by selling with Ridley instead of paying the traditional 3% listing commission on a $700,000 home.

$0Estimated savings

That's a dream family vacation — save 2.5% of your home value

Your Franklin Center home value

$700,000

$50,000$10M

Traditional Agent (3%)

$21,000

Ridley Pro (flat fee)

$3,499

Ready to sell in Franklin Center?

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Cost comparison

How much does it cost to sell a house in Franklin Center?

The total cost to sell a house in Franklin Center in 2026 ranges from $999 with Ridley Essentials to approximately $21,000 with a traditional 3% commission on a $700,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$21,000	$3,499	$999	$0
Buyer agent	$19,6002.8% avg	$14,000~2% avg	$14,000~2% avg	$19,6002.8% avg
Closing costs (~1.5%)	$10,500	$10,500	$10,500	$10,500
Total cost	$51,100	$27,999	$25,499	$30,100
Net proceeds	$648,900	$672,001	$674,501	$669,900
You save	—	$23,101	$25,601	$21,000No support