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Tuesday, November 5, 2024

Home prices increased in Franklin during February 2019

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The median sale price of a home sold in February 2019 in Franklin rose by $19,017 while total sales decreased by 7.7%, according to BlockShopper.com.

In February 2019, there were 48 homes sold, with a median sale price of $240,100 - a 8.6% increase over the $221,083 median sale price for the same period of the previous year. There were 52 homes sold in Franklin in February 2018.

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 2019.

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

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Whitefish Bay262313%$370,550$287,40028.9%
Bayside8714.3%$306,850$255,00020.3%
Fox Point215320%$290,000$240,00020.8%
Shorewood63100%$276,000$288,200-4.2%
Hales Corners8714.3%$250,000$231,0008.2%
Franklin4852-7.7%$240,100$221,0838.6%
Greendale1820-10%$231,100$178,05029.8%
Wauwatosa6574-12.2%$215,800$190,00013.6%
Glendale2429-17.2%$192,500$198,000-2.8%
Oak Creek4349-12.2%$177,400$201,100-11.8%
Brown Deer402653.8%$152,350$136,70011.4%

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