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Saturday, September 13, 2025

November 2021: Franklin experienced a 12.7% drop in median home prices

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The median sale price of a home sold in November 2021 in Franklin fell by $36,400 while total sales decreased by 12.5%, according to BlockShopper.com.

In November 2021, there were 63 homes sold, with a median sale price of $250,000 - a 12.7% decrease over the $286,400 median sale price for the same period of the previous year. There were 72 homes sold in Franklin in November 2020.

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 November 2021.

The following table compares Franklin to other Milwaukee County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Shorewood131118.2%$359,900$325,00010.7%
River Hills48-50%$349,900$910,050-61.6%
Fox Point1219-36.8%$302,500$325,000-6.9%
Wauwatosa13311218.8%$259,000$257,0000.8%
Hales Corners1121-47.6%$251,500$270,000-6.9%
Franklin6372-12.5%$250,000$286,400-12.7%
Greendale20195.3%$242,500$235,2003.1%
Oak Creek674936.7%$232,000$239,500-3.1%
Brown Deer392839.3%$198,900$148,00034.4%
Greenfield83830%$193,000$190,0001.6%
South Milwaukee574235.7%$190,000$170,00011.8%

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