In December 2021, there were 91 homes sold, with a median sale price of $286,500 - a 8.5% increase over the $263,950 median sale price for the same period of the previous year. There were 124 homes sold in Franklin in December 2020.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 2.1% of the median home sale price for December 2021.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| River Hills | 3 | 7 | -57.1% | $1,000,000 | $631,115 | 58.4% |
| Whitefish Bay | 42 | 36 | 16.7% | $493,500 | $366,300 | 34.7% |
| Bayside | 17 | 16 | 6.3% | $370,000 | $357,300 | 3.6% |
| Fox Point | 16 | 28 | -42.9% | $364,750 | $324,950 | 12.2% |
| Shorewood | 10 | 9 | 11.1% | $356,750 | $426,000 | -16.3% |
| Franklin | 91 | 124 | -26.6% | $286,500 | $263,950 | 8.5% |
| Wauwatosa | 162 | 136 | 19.1% | $269,950 | $250,000 | 8% |
| Greendale | 30 | 31 | -3.2% | $265,000 | $258,000 | 2.7% |
| Hales Corners | 13 | 20 | -35% | $241,600 | $248,000 | -2.6% |
| Glendale | 59 | 45 | 31.1% | $240,000 | $220,000 | 9.1% |
| Oak Creek | 58 | 68 | -14.7% | $237,250 | $235,000 | 1% |
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