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Saturday, September 13, 2025

Falling home prices in Franklin in January 2021

Webp re 8

The median sale price of a home sold in January 2021 in Franklin fell by $35,650 while total sales increased by 19.6%, according to BlockShopper.com.

In January 2021, there were 67 homes sold, with a median sale price of $222,000 - a 13.8% decrease over the $257,650 median sale price for the same period of the previous year. There were 56 homes sold in Franklin in January 2020.

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 January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Fox Point2311109.1%$325,000$337,500-3.7%
Bayside161060%$308,550$323,750-4.7%
Wauwatosa1158633.7%$257,500$239,7507.4%
Greendale2226-15.4%$253,000$180,00040.6%
Oak Creek4653-13.2%$231,450$188,00023.1%
Franklin675619.6%$222,000$257,650-13.8%
Hales Corners56-16.7%$220,000$215,3002.2%
Glendale342821.4%$193,750$181,6506.7%
Greenfield6181-24.7%$176,500$160,00010.3%
Cudahy3943-9.3%$170,000$135,00025.9%
St. Francis3615140%$167,500$169,500-1.2%

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