From January through June of 2017, there were 417 homes sold, with a median sale price of $229,900 - a 13.8% increase over the $202,100 median sale price for the same period of the previous year. There were 459 homes sold in Franklin in the first 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 first half of 2017.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in the first half of 2017:
| City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 18 | 31 | -41.9% | $464,000 | $540,000 | -14.1% |
| Whitefish Bay | 215 | 210 | 2.4% | $356,100 | $340,325 | 4.6% |
| Shorewood | 72 | 60 | 20% | $330,000 | $348,950 | -5.4% |
| Bayside | 79 | 63 | 25.4% | $281,000 | $281,300 | -0.1% |
| Fox Point | 128 | 105 | 21.9% | $261,507.50 | $285,000 | -8.2% |
| Franklin | 417 | 459 | -9.2% | $229,900 | $202,100 | 13.8% |
| Hales Corners | 92 | 60 | 53.3% | $224,475 | $193,850 | 15.8% |
| Wauwatosa | 617 | 597 | 3.4% | $215,000 | $210,000 | 2.4% |
| Oak Creek | 351 | 297 | 18.2% | $199,400 | $196,500 | 1.5% |
| Greendale | 171 | 137 | 24.8% | $195,000 | $199,100 | -2.1% |
| Glendale | 240 | 208 | 15.4% | $175,000 | $172,250 | 1.6% |
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