In January 2020, there were 56 homes sold, with a median sale price of $257,650 - a 9.5% increase over the $235,341 median sale price for the same period of the previous year. There were 46 homes sold in Franklin in January 2019.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.3% of the median home sale price for January 2020.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 4 | 4 | 0% | $675,000 | $622,500 | 8.4% |
| Whitefish Bay | 25 | 19 | 31.6% | $502,100 | $345,400 | 45.4% |
| Shorewood | 10 | 7 | 42.9% | $416,650 | $285,000 | 46.2% |
| Fox Point | 11 | 9 | 22.2% | $337,500 | $400,000 | -15.6% |
| Bayside | 10 | 7 | 42.9% | $323,750 | $307,500 | 5.3% |
| Franklin | 56 | 46 | 21.7% | $257,650 | $235,340.50 | 9.5% |
| Wauwatosa | 86 | 65 | 32.3% | $239,750 | $215,000 | 11.5% |
| Hales Corners | 6 | 6 | 0% | $215,300 | $277,000 | -22.3% |
| Oak Creek | 53 | 32 | 65.6% | $188,000 | $230,450 | -18.4% |
| Glendale | 28 | 18 | 55.6% | $181,650 | $234,250 | -22.5% |
| Greendale | 26 | 12 | 116.7% | $180,000 | $223,250 | -19.4% |
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