Franklin, WI Housing Market & Real Estate

Seller's market+36.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Franklin, WI is $533,230, up 36.7% year-over-year. Homes sell in an average of 43 days with 53 active listings. The market is currently a seller's market.

$533,230median sale price

Is Franklin a buyer's or seller's market?

Seller's market2.0 months of supply43 avg. days on market

Franklin, WI is currently a seller's market, based on 2.0 months of supply and homes selling in about 43 days. How we determine this →

Homes sold

27

Last 12 weeks

Days on market

43

Average pace

Active listings

53

2.0 months supply

Sale-to-list

100.3%

Above asking

Franklin, WI market data

Current housing market statistics for Franklin, WI
MetricValue
Median sale price$533,230
Median list price$458,500
Year-over-year price change+36.7%
Average days on market43 days
Active inventory53 listings
Months of supply2.0 months
Sale-to-list price ratio100.3%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Franklin housing market is currently classified as a seller's market with a median sale price of $533,230. Prices have risen 36.7% compared to last year, with homes spending an average of 43 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Franklin

There are currently 53 homes listed for sale in Franklin, Wisconsin. The median listing price is $459K.

Active listings

53

Homes on market

Median list price

$459K

Avg. days on market

43

Days until sale

New this week

26

Newly listed

Price drops:17.0%of listings
Sale-to-list:100.3%

Top public schools in Franklin

8 schools tracked · 4,721 students

The largest public schools serving Franklin, WI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Franklin High

Grades 9-12 · 1,606 students

Public

Forest Park Middle

Grades 6-8 · 1,074 students

Public

Robinwood Elementary

Grades PK-5 · 455 students

Public

Country Dale Elementary

Grades PK-5 · 443 students

Public

Pleasant View Elementary

Grades PK-5 · 418 students

Public

Southwood Glen Elementary

Grades PK-5 · 395 students

Public

Ben Franklin Elementary

Grades PK-5 · 315 students

Public

Milwaukee County Community Reintegration Center

Grades 9-12 · 15 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in WI

Frequently asked questions

What is the average home price in Franklin?

The median home sale price in Franklin is $533,230, up 36.7% from last year.

How long do homes stay on market in Franklin?

Homes typically spend 43 days on market before going under contract.

Is Franklin a buyer's or seller's market?

With 2.0 months of supply, Franklin is currently a seller's market.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Franklin, WI market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Franklin market alerts

Weekly updates on prices, inventory, and trends. Free forever.