From January through June of 2019, there were 385 homes sold, with a median sale price of $248,000 - a 7.5% increase over the $230,800 median sale price for the same period of the previous year. There were 425 homes sold in Franklin in the first half of 2018.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.4% of the median home sale price for the first half of 2019.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in the first half of 2019:
City | Jan. - June 2019 Home Sales | Jan. - June 2018 Home Sales | % change (Total Home Sales) | Jan. - June 2019 Median Sales Price | Jan. - June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
River Hills | 24 | 24 | 0% | $590,450 | $399,300 | 47.9% |
Whitefish Bay | 239 | 215 | 11.2% | $365,000 | $380,000 | -3.9% |
Bayside | 81 | 82 | -1.2% | $339,900 | $319,550 | 6.4% |
Shorewood | 56 | 60 | -6.7% | $321,250 | $357,450 | -10.1% |
Fox Point | 123 | 109 | 12.8% | $305,600 | $315,000 | -3% |
Franklin | 385 | 425 | -9.4% | $248,000 | $230,800 | 7.5% |
Wauwatosa | 560 | 591 | -5.2% | $240,900 | $219,900 | 9.5% |
Hales Corners | 78 | 69 | 13% | $232,500 | $232,500 | 0% |
Greendale | 157 | 187 | -16% | $230,000 | $210,000 | 9.5% |
Oak Creek | 307 | 300 | 2.3% | $223,000 | $206,800 | 7.8% |
Glendale | 227 | 223 | 1.8% | $197,900 | $181,900 | 8.8% |