In February 2017, there were 38 homes sold, with a median sale price of $227,950 - a 17.1% increase over the $194,700 median sale price for the same period of the previous year. There were 69 homes sold in Franklin in February 2016.
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 February 2017.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in February 2017:
| City | Feb. 2017 Home Sales | Feb. 2016 Home Sales | % change (Total Home Sales) | Feb. 2017 Median Sales Price | Feb. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 6 | 3 | 100% | $419,000 | $409,000 | 2.4% |
| Whitefish Bay | 16 | 19 | -15.8% | $381,000 | $296,000 | 28.7% |
| Shorewood | 9 | 6 | 50% | $300,000 | $223,000 | 34.5% |
| Bayside | 11 | 5 | 120% | $240,900 | $277,000 | -13% |
| Franklin | 38 | 69 | -44.9% | $227,950 | $194,700 | 17.1% |
| Hales Corners | 8 | 6 | 33.3% | $215,000 | $205,000 | 4.9% |
| Fox Point | 11 | 9 | 22.2% | $210,100 | $240,000 | -12.5% |
| Oak Creek | 44 | 24 | 83.3% | $192,350 | $198,000 | -2.9% |
| Wauwatosa | 70 | 69 | 1.4% | $185,450 | $210,400 | -11.9% |
| Glendale | 30 | 28 | 7.1% | $180,350 | $158,400 | 13.9% |
| Greendale | 22 | 13 | 69.2% | $163,875 | $183,900 | -10.9% |
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