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Saturday, November 2, 2024

How did home prices perform in Franklin during December 2020?

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The median sale price of a home sold in December 2020 in Franklin rose by $27,550 while total sales increased by 57%, according to BlockShopper.com.

In December 2020, there were 124 homes sold, with a median sale price of $263,950 - a 11.7% increase over the $236,400 median sale price for the same period of the previous year. There were 79 homes sold in Franklin in December 2019.

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 December 2020.

The following table compares Franklin to other Milwaukee County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
River Hills72250%$631,115$777,285-18.8%
Shorewood914-35.7%$426,000$371,10014.8%
Whitefish Bay362733.3%$366,300$349,0005%
Bayside161060%$357,300$324,50010.1%
Fox Point281855.6%$324,950$384,750-15.5%
Franklin1247957%$263,950$236,40011.7%
Greendale3138-18.4%$258,000$211,20022.2%
Wauwatosa13610825.9%$250,000$243,4502.7%
Hales Corners2010100%$248,000$227,5009%
Oak Creek685621.4%$235,000$214,2009.7%
Glendale453145.2%$220,000$181,00021.5%

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