From July through December of 2018, there were 471 homes sold, with a median sale price of $237,500 - a 6.9% increase over the $222,248 median sale price for the same period of the previous year. There were 460 homes sold in Franklin in the second half of 2017.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.5% of the median home sale price for the second half of 2018.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in the second half of 2018:
| City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 29 | 26 | 11.5% | $600,000 | $599,950 | 0% |
| Fox Point | 94 | 137 | -31.4% | $356,500 | $295,000 | 20.8% |
| Shorewood | 98 | 91 | 7.7% | $352,250 | $301,000 | 17% |
| Whitefish Bay | 242 | 216 | 12% | $342,616.50 | $360,000 | -4.8% |
| Bayside | 77 | 65 | 18.5% | $300,000 | $310,800 | -3.5% |
| Franklin | 471 | 460 | 2.4% | $237,500 | $222,248 | 6.9% |
| Wauwatosa | 671 | 657 | 2.1% | $234,900 | $226,000 | 3.9% |
| Greendale | 207 | 177 | 16.9% | $225,000 | $210,000 | 7.1% |
| Oak Creek | 347 | 341 | 1.8% | $225,000 | $205,000 | 9.8% |
| Hales Corners | 83 | 120 | -30.8% | $200,000 | $204,500 | -2.2% |
| Glendale | 218 | 237 | -8% | $184,200 | $177,000 | 4.1% |
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