From July through December of 2017, there were 460 homes sold, with a median sale price of $222,248 - a 5.4% increase over the $210,800 median sale price for the same period of the previous year. There were 539 homes sold in Franklin in the second half of 2016.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.6% of the median home sale price for the second half of 2017.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in the second half of 2017:
| City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Whitefish Bay | 216 | 259 | -16.6% | $360,000 | $350,000 | 2.9% |
| Bayside | 65 | 84 | -22.6% | $310,800 | $280,000 | 11% |
| Shorewood | 91 | 74 | 23% | $301,000 | $312,500 | -3.7% |
| Fox Point | 137 | 119 | 15.1% | $295,000 | $282,500 | 4.4% |
| Wauwatosa | 657 | 662 | -0.8% | $226,000 | $213,350 | 5.9% |
| Franklin | 460 | 539 | -14.7% | $222,248 | $210,800 | 5.4% |
| Greendale | 177 | 201 | -11.9% | $210,000 | $190,000 | 10.5% |
| Oak Creek | 341 | 401 | -15% | $205,000 | $200,000 | 2.5% |
| Hales Corners | 120 | 103 | 16.5% | $204,500 | $204,500 | 0% |
| Glendale | 237 | 236 | 0.4% | $177,000 | $185,000 | -4.3% |
| Greenfield | 507 | 521 | -2.7% | $156,250 | $147,200 | 6.1% |
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