In August 2019, there were 99 homes sold, with a median sale price of $279,150 - a 6.1% increase over the $263,000 median sale price for the same period of the previous year. There were 109 homes sold in Franklin in August 2018.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.1% of the median home sale price for August 2019.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 8 | 4 | 100% | $460,000 | $624,950 | -26.4% |
| Whitefish Bay | 55 | 57 | -3.5% | $350,000 | $380,000 | -7.9% |
| Shorewood | 16 | 19 | -15.8% | $345,000 | $373,800 | -7.7% |
| Bayside | 18 | 21 | -14.3% | $283,750 | $272,500 | 4.1% |
| Franklin | 99 | 109 | -9.2% | $279,150 | $263,000 | 6.1% |
| Fox Point | 28 | 23 | 21.7% | $272,500 | $315,000 | -13.5% |
| Hales Corners | 14 | 16 | -12.5% | $256,090 | $209,500 | 22.2% |
| Wauwatosa | 129 | 164 | -21.3% | $253,000 | $237,000 | 6.8% |
| Greendale | 42 | 51 | -17.6% | $240,250 | $218,000 | 10.2% |
| Oak Creek | 70 | 78 | -10.3% | $236,000 | $220,000 | 7.3% |
| Glendale | 52 | 51 | 2% | $198,300 | $192,000 | 3.3% |
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