In April, there were 56 homes sold, with a median sale price of $314,500 - an 18.7 percent increase over the $265,000 median sale price for the same period of the previous year. There were 79 homes sold in Franklin in April 2021.
The median sales tax in Franklin for the most recent year with available data, 2017, was $5,881, approximately 1.9 percent of the median home sale price for April.
The following table compares Franklin to other Milwaukee County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fox Point | 16 | 10 | 60 | $425,000 | $505,000 | -15.8 |
| River Hills | 9 | 13 | -30.8 | $411,750 | $705,000 | -41.6 |
| Bayside | 20 | 8 | 150 | $378,000 | $427,250 | -11.5 |
| Hales Corners | 13 | 17 | -23.5 | $370,200 | $270,500 | 36.9 |
| Wauwatosa | 125 | 114 | 9.6 | $320,000 | $276,000 | 15.9 |
| Franklin | 56 | 79 | -29.1 | $314,500 | $265,000 | 18.7 |
| Greendale | 36 | 32 | 12.5 | $270,000 | $225,700 | 19.6 |
| Oak Creek | 48 | 52 | -7.7 | $262,100 | $242,950 | 7.9 |
| St. Francis | 18 | 28 | -35.7 | $242,000 | $187,000 | 29.4 |
| Glendale | 45 | 36 | 25 | $240,200 | $205,000 | 17.2 |
| Greenfield | 72 | 58 | 24.1 | $199,550 | $199,500 | 0 |
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