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Is Franklin Furnace, OH 45629 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Franklin Furnace is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95%Sold price ÷ list price
Median days on market5Listing to accepted offer
Median price per sq ft$119▼ −7.6% vs. last year

The Franklin Furnace housing market right now

In the three months ending August 31, 2026, 0% of homes in Franklin Furnace, OH 45629 sold above their list price, the typical home went under contract in 5 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (32 days then) and the median sale price rose 32% to $246,893. Overall, Franklin Furnace is more competitive than a year ago, so tougher for buyers.

Within Scioto County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Lucasville 45648 (33% sold over asking) and Otway 45657 (33% sold over asking) are even more competitive.

Run the numbers for 45629

Prefilled for 45629Can I win this house?Multiple-offer likelihood for a listing Prefilled for 45629Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Haverhill 45636 — /sq ftLucasville 45648Buyer’s market $139 /sq ftMc Dermott 45652 — /sq ftOtway 45657Seller’s market $154 /sq ft Browse all markets →

Towns like Franklin Furnace nearby

Find towns like Franklin Furnace in other states →
Pedro, OH45659 · 9 miles away88% similarcheaper homes ($49K less) Vinton, OH45686 · 35 miles away84% similarVery close on income, prices and more Milton, WV25541 · 39 miles away82% similarlarger · older residents Lucasville, OH45648 · 21 miles away81% similarlarger

Where Franklin Furnace is

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Questions about Franklin Furnace real estate

Is Franklin Furnace a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Franklin Furnace, OH 45629 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Franklin Furnace?

The typical home went under contract in 5 days in the latest three months.

Do homes in Franklin Furnace sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.

What are property taxes in Franklin Furnace?

About 1.06% of a home’s value a year in Scioto County, or roughly $4,240 on a $400,000 home.

What is the median home price in Franklin Furnace?

The median sale price was $246,893 in the three months ending August 31, 2026, about $119 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology