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Monday, September 15, 2025

What happened to the median home price in Franklin during the first half of 2021?

Webp re 3

The median sale price of a home sold in the first half of 2021 in Franklin rose by $4,050 while total sales increased by 21.5%, according to BlockShopper.com.

From January through June of 2021, there were 447 homes sold, with a median sale price of $270,000 - a 1.5% increase over the $265,950 median sale price for the same period of the previous year. There were 368 homes sold in Franklin in the first half of 2020.

The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.2% of the median home sale price for the first half of 2021.

The following table compares Franklin to other Milwaukee County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Whitefish Bay22619913.6%$414,200$423,000-2.1%
Shorewood906832.4%$412,450$403,1752.3%
Fox Point1249727.8%$376,950$315,00019.7%
Bayside6667-1.5%$357,750$365,000-2%
Wauwatosa72458424%$272,200$245,00011.1%
Franklin44736821.5%$270,000$265,9501.5%
Hales Corners755829.3%$260,500$223,50016.6%
Greendale17014418.1%$251,300$227,45010.5%
Oak Creek32029010.3%$232,800$233,000-0.1%
Glendale21119110.5%$212,000$199,5006.3%
Greenfield44238813.9%$194,000$186,3504.1%

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