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Tuesday, November 5, 2024

October 2018: Home prices in Franklin fell

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The median sale price of a home sold in October 2018 in Franklin fell by $2,400 while total sales decreased by 23.5%, according to BlockShopper.com.

In October 2018, there were 65 homes sold, with a median sale price of $227,300 - a 1% decrease over the $229,700 median sale price for the same period of the previous year. There were 85 homes sold in Franklin in October 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 October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Whitefish Bay4221100%$492,050$315,00056.2%
Fox Point1524-37.5%$400,000$327,50022.1%
Shorewood211275%$340,000$282,00020.6%
Bayside13862.5%$305,300$276,60010.4%
Oak Creek4757-17.5%$228,000$182,20025.1%
Franklin6585-23.5%$227,300$229,700-1%
Greendale322814.3%$223,500$227,150-1.6%
Wauwatosa88114-22.8%$217,000$228,750-5.1%
Hales Corners1129-62.1%$192,114$207,000-7.2%
Glendale453721.6%$180,000$174,9002.9%
St. Francis1927-29.6%$165,000$137,50020%

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