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Monday, November 4, 2024

What happened to the median home price in Franklin during June 2017?

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The median sale price of a home sold in June 2017 in Franklin rose by $29,000 while total sales increased by 6.2%, according to BlockShopper.com.

In June 2017, there were 103 homes sold, with a median sale price of $249,000 - a 13.2% increase over the $220,000 median sale price for the same period of the previous year. There were 97 homes sold in Franklin in June 2016.

The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.4% of the median home sale price for June 2017.

The following table compares Franklin to other Milwaukee County cities with similar median sale prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
River Hills47-42.9%$502,500$699,000-28.1%
Whitefish Bay4254-22.2%$385,000$348,35010.5%
Bayside18175.9%$335,600$290,00015.7%
Shorewood18175.9%$334,500$375,000-10.8%
Fox Point332157.1%$274,700$290,000-5.3%
Franklin103976.2%$249,000$220,00013.2%
Wauwatosa14112810.2%$235,000$218,2007.7%
Hales Corners251392.3%$232,000$230,0000.9%
Oak Creek927719.5%$216,450$194,50011.3%
Greendale343013.3%$215,075$210,0002.4%
Glendale575014%$184,900$176,9004.5%

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