Question 1

What is the median sold price in Franchere?

Accepted Answer

The median sold price in Franchere is $91,000 based on 3 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Franchere?

Accepted Answer

The average sold price in Franchere is $164,633. Note that the average ($164,633) is higher than the median ($91,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Franchere?

Accepted Answer

Home prices in Franchere range from $43,000 to $359,900 based on recent sales data. This $316,900 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Franchere selling above or below asking price?

Accepted Answer

On average, homes in Franchere are selling at 96.3% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Franchere?

Accepted Answer

Homes in Franchere are selling in an average of 79 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Franchere?

Accepted Answer

The average price per square foot in Franchere is $444. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $888,000.

Question 7

How active is the real estate market in Franchere?

Accepted Answer

The Franchere market has seen 3 home sales over the past 2 years, with 2 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Franchere?

Accepted Answer

The most common property types selling in Franchere are: country recreational (2 sold, avg $225,450), rural land/vacant lot (1 sold, avg $43,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Franchere?

Accepted Answer

Home prices in Franchere have decreased by 52.7% over the past 2 years. The average sold price moved from $91,000 to $43,000. This downward trend may present buying opportunities for purchasers.

Question 10

Is Franchere a buyer's or seller's market?

Accepted Answer

Based on current data, Franchere is a buyer's market. Homes are selling in 79 days on average and at 96.3% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Franchere?

Accepted Answer

In Franchere, 0% of homes sold above asking price, while 67% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Franchere?

Accepted Answer

Homes selling in Franchere range from 384 to 552 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Franchere?

Accepted Answer

Franchere shows high price diversity with a standard deviation of $139,458 around the average price of $164,633. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Franchere?

Accepted Answer

Simply search our Franchere sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Franchere will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Franchere?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Franchere. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Recently Sold Homes in Franchere, Rural Bonnyville M.D.

Franchere Sold Data Overview

2 Recently Sold Homes in Franchere (Last 365 days • Updated February 24, 2026 at 4:46 PM)

Understanding the Franchere Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Franchere vs Rural Bonnyville M.D.

More neighbourhoods in Rural Bonnyville M.D.

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