In August 2020, there were 103 homes sold, with a median sale price of $265,000 - a 5.1% decrease over the $279,150 median sale price for the same period of the previous year. There were 99 homes sold in Franklin in August 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 August 2020.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 2 | 8 | -75% | $340,933.50 | $460,000 | -25.9% |
| Fox Point | 27 | 28 | -3.6% | $335,500 | $272,500 | 23.1% |
| Hales Corners | 18 | 14 | 28.6% | $277,500 | $256,090 | 8.4% |
| Wauwatosa | 146 | 129 | 13.2% | $273,000 | $253,000 | 7.9% |
| Greendale | 38 | 42 | -9.5% | $266,000 | $240,250 | 10.7% |
| Franklin | 103 | 99 | 4% | $265,000 | $279,150 | -5.1% |
| Oak Creek | 70 | 70 | 0% | $245,000 | $236,000 | 3.8% |
| Glendale | 44 | 52 | -15.4% | $200,750 | $198,300 | 1.2% |
| Greenfield | 79 | 91 | -13.2% | $185,000 | $184,600 | 0.2% |
| Brown Deer | 32 | 34 | -5.9% | $175,000 | $161,550 | 8.3% |
| South Milwaukee | 50 | 45 | 11.1% | $165,250 | $156,000 | 5.9% |
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