Investing in FRANKLIN PARK

Allegheny County, Pennsylvania

Data updated Oct 17, 2026

For Sale: 7 Under Contract: 5 Sold (12 mo): 135

Active Listings NOW

12
currently asking median $399,500
$262,500 - $490,000
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in FRANKLIN PARK, through . Live counts are tagged NOW.

Median Sold Price

$599,000
Trailing 12-month sold cohort - n=135

Median $/Sqft

$230
Trailing 12-month sold cohort - n=135

Median DOM

51 days
Trailing 12-month sold cohort - n=135

Cap Rate (at sold price)

5.34%
Median, trailing 12-month sold - n=34

ARV

$406,724
Median after-repair value, trailing 12-month sold - n=40

Median Rent

$2,610/mo
Median, trailing 12-month sold cohort - n=34
NOW Active listings today ACS U.S. Census ACS 2024

About FRANKLIN PARK

FRANKLIN PARK is a municipality in Allegheny County, Pennsylvania. As of , DealScanner is tracking 12 active listings, currently asking a median of $399,500, a median projected flip ROI of 2.7% on current listings (at list price). Across 135 homes sold in FRANKLIN PARK over the trailing 12 months, the area has a median sold price of $599,000, a median 51 days on market, a median cap rate of 5.3% (at recorded sale price), an ARV of $406,724, a median rent of $2,610/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 12 homes currently for sale.

Census signals for FRANKLIN PARK include a DealScanner neighborhood class of A-A+, a median household income of $168,524, a renter share of 10.8%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 12 active listings in FRANKLIN PARK - as of

Flip ROI (at list price)
2.8%
Active listings, not negotiated MAO
Cap Rate (at list price)
5.3%
Active listings, not negotiated MAO
ARV (active listings)
$506,626
Rent (active listings)
$2,521
Avg Rehab (Flip)
$9,356
Avg Rehab (Rental)
$8,079
Typical Condition
Mid Range rehab

Market Velocity

How quickly properties are selling in FRANKLIN PARK. Days-on-market window: trailing 12 months.

0.6
Months Supply
161.9%
Absorption Rate
50
Median Days on Market
Seller's Market - Properties are selling fast. Low inventory means competition for buyers.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $600,000
Median Sold Price: $599,000
Median Price Change: -0.2%

Price Per Square Foot (last 12 months)

Asking $/sqft: $232
Sold $/sqft: $230
$/sqft Trend: -1.1%
Properties in FRANKLIN PARK sell for 98.1% of list price on average.
73% of properties sold at asking price, 26% sold after a price reduction (avg -7.3%), and 1% sold above initial asking.

Rental Market 42 rented

Rental activity in FRANKLIN PARK over the last 12 months.

Median Rent (last 12 months)

Median Rent: $2,800/mo
Based on 42 rented properties in the last 12 months.
Avg. asking → closed change: -1.8%

Rental Velocity

Avg. Days to Rent: 28 days
Median Days to Rent: 20 days
Based on 41 properties with listing date data
76% of properties rented at asking price, 22% rented after a reduction (avg -8.5%), and 2% rented above initial asking.

Frequently Asked Questions

How many homes are for sale in FRANKLIN PARK right now?

DealScanner is tracking 12 active listings in FRANKLIN PARK as of Oct 17, 2026, currently asking a median of $399,500. Of those, 7 are actively for sale (not under contract or pending).

What is the median sold price in FRANKLIN PARK over the last 12 months?

The trailing 12-month median sold price across 135 closed sales in FRANKLIN PARK is $599,000. Sold-cohort medians are a more stable basis for area-level statistics than current asking prices, especially in neighborhoods with thin active inventory.

What is the typical cap rate in FRANKLIN PARK (last 12 months)?

Across 135 sold homes in FRANKLIN PARK over the trailing 12 months, the median cap rate at recorded sale price is 5.3% and the median monthly rent is $2,610. This uses each sale's Final Price with estimated rent and a 30% expense-ratio NOI model; the cap rate at a negotiated MAO would be higher.

When was FRANKLIN PARK data last updated?

Live market data on this page was last refreshed on Oct 17, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Area Demographics ACS

U.S. Census American Community Survey 2024 - tract aggregates for FRANKLIN PARK

Area Class
A - A+
Median Income
$168,524
Renter %
11%
Education (Bachelor's+)
72%
Poverty Rate
1.0%

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Read the FRANKLIN PARK 2026 Investment Guide

In-depth analysis of FRANKLIN PARK as a real estate investment market: investor profile, market sentiment, opportunity by strategy (BRRRR / flip / buy-and-hold), and answers to common questions.

Read FRANKLIN PARK 2026 Guide