In August 2018, there were 109 homes sold, with a median sale price of $263,000 - a 25.2% increase over the $210,000 median sale price for the same period of the previous year. There were 89 homes sold in Franklin in August 2017.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.2% of the median home sale price for August 2018.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in August 2018:
| City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 4 | 2 | 100% | $624,950 | $518,500 | 20.5% |
| Whitefish Bay | 57 | 50 | 14% | $380,000 | $375,400 | 1.2% |
| Shorewood | 19 | 27 | -29.6% | $373,800 | $310,300 | 20.5% |
| Fox Point | 23 | 32 | -28.1% | $315,000 | $291,250 | 8.2% |
| Bayside | 21 | 19 | 10.5% | $272,500 | $315,000 | -13.5% |
| Franklin | 109 | 89 | 22.5% | $263,000 | $210,000 | 25.2% |
| Wauwatosa | 164 | 116 | 41.4% | $237,000 | $218,500 | 8.5% |
| Oak Creek | 78 | 56 | 39.3% | $220,000 | $188,450 | 16.7% |
| Greendale | 51 | 30 | 70% | $218,000 | $210,000 | 3.8% |
| Hales Corners | 16 | 20 | -20% | $209,500 | $220,000 | -4.8% |
| Glendale | 51 | 53 | -3.8% | $192,000 | $176,800 | 8.6% |
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