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Monday, September 15, 2025

What happened to the median home price in Franklin during May 2021?

Webp re 5

The median sale price of a home sold in May 2021 in Franklin rose by $2,050 while total sales increased by 16.1%, according to BlockShopper.com.

In May 2021, there were 72 homes sold, with a median sale price of $267,500 - a 0.8% increase over the $265,450 median sale price for the same period of the previous year. There were 62 homes sold in Franklin in May 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 May 2021.

The following table compares Franklin to other Milwaukee County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Whitefish Bay37370%$460,000$525,000-12.4%
Fox Point231464.3%$395,000$340,75015.9%
Shorewood17988.9%$375,000$399,900-6.2%
Bayside141127.3%$335,000$383,000-12.5%
Wauwatosa14011917.6%$289,221.50$246,00017.6%
Franklin726216.1%$267,500$265,4500.8%
Hales Corners1013-23.1%$260,000$210,00023.8%
Greendale2931-6.5%$254,900$235,0008.5%
Oak Creek5658-3.4%$225,500$234,000-3.6%
Greenfield695135.3%$215,000$172,10024.9%
St. Francis261573.3%$202,500$167,00021.3%

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