In May 2018, there were 93 homes sold, with a median sale price of $225,000 - a 3% decrease over the $232,000 median sale price for the same period of the previous year. There were 81 homes sold in Franklin in May 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 May 2018.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in May 2018:
City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Whitefish Bay | 32 | 43 | -25.6% | $393,200 | $332,000 | 18.4% |
Shorewood | 12 | 15 | -20% | $377,450 | $300,000 | 25.8% |
Bayside | 13 | 13 | 0% | $343,800 | $358,000 | -4% |
Fox Point | 28 | 22 | 27.3% | $275,200 | $272,500 | 1% |
Greendale | 38 | 39 | -2.6% | $233,100 | $189,900 | 22.7% |
Franklin | 93 | 81 | 14.8% | $225,000 | $232,000 | -3% |
Wauwatosa | 122 | 109 | 11.9% | $220,000 | $215,000 | 2.3% |
Oak Creek | 52 | 66 | -21.2% | $217,050 | $216,000 | 0.5% |
Hales Corners | 19 | 18 | 5.6% | $202,000 | $212,950 | -5.1% |
Glendale | 48 | 47 | 2.1% | $183,950 | $179,900 | 2.3% |
Greenfield | 87 | 94 | -7.4% | $157,800 | $155,400 | 1.5% |