In December 2017, there were 53 homes sold, with a median sale price of $199,000 - a 0.5% decrease over the $200,000 median sale price for the same period of the previous year. There were 80 homes sold in Franklin in December 2016.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 3% of the median home sale price for December 2017.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in December 2017:
| City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Whitefish Bay | 33 | 33 | 0% | $316,400 | $306,000 | 3.4% |
| Bayside | 6 | 13 | -53.8% | $310,450 | $280,000 | 10.9% |
| Shorewood | 12 | 7 | 71.4% | $282,500 | $306,500 | -7.8% |
| Fox Point | 23 | 10 | 130% | $233,000 | $225,550 | 3.3% |
| Wauwatosa | 83 | 85 | -2.4% | $225,000 | $179,900 | 25.1% |
| Franklin | 53 | 80 | -33.8% | $199,000 | $200,000 | -0.5% |
| Oak Creek | 48 | 49 | -2% | $192,500 | $199,000 | -3.3% |
| Greendale | 21 | 21 | 0% | $175,000 | $175,000 | 0% |
| West Milwaukee | 3 | 5 | -40% | $169,900 | $83,000 | 104.7% |
| Hales Corners | 17 | 10 | 70% | $166,000 | $204,950 | -19% |
| Glendale | 28 | 21 | 33.3% | $156,500 | $200,000 | -21.8% |
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