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In February 2020, there were 55 homes sold, with a median sale price of $250,000 - a 4.1% increase over the $240,100 median sale price for the same period of the previous year. There were 48 homes sold in Franklin in February 2019.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.4% of the median home sale price for February 2020.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in February 2020:
| City | Feb. 2020 Home Sales | Feb. 2019 Home Sales | % change (Total Home Sales) | Feb. 2020 Median Sales Price | Feb. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 4 | 5 | -20% | $618,000 | $675,400 | -8.5% |
| Whitefish Bay | 16 | 26 | -38.5% | $325,750 | $370,550 | -12.1% |
| Fox Point | 9 | 21 | -57.1% | $285,000 | $290,000 | -1.7% |
| Shorewood | 11 | 6 | 83.3% | $285,000 | $276,000 | 3.3% |
| Bayside | 7 | 8 | -12.5% | $261,000 | $306,850 | -14.9% |
| Franklin | 55 | 48 | 14.6% | $250,000 | $240,100 | 4.1% |
| Oak Creek | 27 | 43 | -37.2% | $239,900 | $177,400 | 35.2% |
| Glendale | 21 | 24 | -12.5% | $226,700 | $192,500 | 17.8% |
| Wauwatosa | 70 | 65 | 7.7% | $226,625 | $215,800 | 5% |
| Greendale | 21 | 18 | 16.7% | $217,000 | $231,100 | -6.1% |
| Hales Corners | 7 | 8 | -12.5% | $189,000 | $250,000 | -24.4% |
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