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Tuesday, November 5, 2024

Rising home prices in Franklin in March 2019

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The median sale price of a home sold in March 2019 in Franklin rose by $27,530 while total sales decreased by 13.3%, according to BlockShopper.com.

In March 2019, there were 52 homes sold, with a median sale price of $255,930 - a 12.1% increase over the $228,400 median sale price for the same period of the previous year. There were 60 homes sold in Franklin in March 2018.

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 March 2019.

The following table compares Franklin to other Milwaukee County cities with similar median sale prices in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
River Hills330%$490,000$289,99569%
Shorewood810-20%$351,750$425,950-17.4%
Fox Point2021-4.8%$330,000$375,000-12%
Whitefish Bay36352.9%$329,950$355,000-7.1%
Bayside191435.7%$284,000$330,000-13.9%
Franklin5260-13.3%$255,930$228,40012.1%
Hales Corners167128.6%$240,750$201,00019.8%
Oak Creek665129.4%$225,000$215,0004.7%
Wauwatosa7991-13.2%$225,000$220,1002.2%
Greendale2631-16.1%$200,950$199,0001%
Glendale37362.8%$197,900$136,166.5045.3%

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