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Tuesday, November 5, 2024

Franklin home prices fell in November 2018

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The median sale price of a home sold in November 2018 in Franklin fell by $16,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In November 2018, there were 60 homes sold, with a median sale price of $223,500 - a 6.9% decrease over the $240,000 median sale price for the same period of the previous year. There were 70 homes sold in Franklin in November 2017.

The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.6% of the median home sale price for November 2018.

The following table compares Franklin to other Milwaukee County cities with similar median sale prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Shorewood131118.2%$340,000$280,00021.4%
Whitefish Bay36339.1%$312,250$344,000-9.2%
Greendale342725.9%$250,100$220,00013.7%
Wauwatosa9599-4%$235,900$217,0008.7%
Oak Creek5258-10.3%$235,000$221,5006.1%
Franklin6070-14.3%$223,500$240,000-6.9%
Hales Corners1424-41.7%$195,350$187,0004.5%
Glendale2840-30%$183,750$177,9003.3%
Greenfield795933.9%$163,600$165,500-1.1%
Cudahy3660-40%$138,500$130,0006.5%
South Milwaukee483154.8%$136,500$99,90036.6%

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