In July 2017, there were 89 homes sold, with a median sale price of $240,000 - a 10.6% increase over the $217,000 median sale price for the same period of the previous year. There were 117 homes sold in Franklin in July 2016.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.5% of the median home sale price for July 2017.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 9 | 2 | 350% | $549,900 | $1,201,250 | -54.2% |
| Bayside | 12 | 16 | -25% | $379,605 | $315,000 | 20.5% |
| Whitefish Bay | 44 | 51 | -13.7% | $355,400 | $370,000 | -3.9% |
| Fox Point | 20 | 33 | -39.4% | $305,750 | $313,000 | -2.3% |
| Shorewood | 15 | 10 | 50% | $294,000 | $319,500 | -8% |
| Franklin | 89 | 117 | -23.9% | $240,000 | $217,000 | 10.6% |
| Wauwatosa | 146 | 138 | 5.8% | $235,450 | $231,500 | 1.7% |
| Oak Creek | 68 | 81 | -16% | $214,975 | $183,000 | 17.5% |
| Hales Corners | 20 | 24 | -16.7% | $212,600 | $203,450 | 4.5% |
| Greendale | 42 | 50 | -16% | $208,400 | $191,900 | 8.6% |
| Glendale | 43 | 43 | 0% | $190,500 | $195,000 | -2.3% |
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