Is Franklin, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Franklin has remained a Seller's Market.
Housing Prices in Franklin, WI
How much do homes in Franklin, WI cost?
Median Sold Price
$377,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Franklin was $377,000 in April 2024, up 1.8% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132.5K | $160K | +20.8% |
2 Bedrooms | $229.3K | $252K | +9.9% |
3 Bedrooms | $370K | $390K | +5.4% |
4 Bedrooms | $496.5K | $550K | +10.8% |
5+ Bedrooms | $678.5K | $700K | +3.2% |
Summary: Franklin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Jefferson | $292.5K | $310.2K | +6.1% |
Franklin | $370.3K | $377K | +1.8% |
Housing Supply in Franklin, WI
How many homes are available in Franklin, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 114 | +14.0% |
Summary: The Franklin real estate market had 114 homes for sale in April 2024, a 14.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 21 | 27 | +28.6% |
3 Bedrooms | 46 | 46 | 0.0% |
4 Bedrooms | 27 | 33 | +22.2% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Franklin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 40 | +60.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Franklin in April 2024, up by 60.0% month-over-month. Of the 40 sold homes, 25% were sold under asking, 18% were sold at asking, and 57% were sold over asking.
Days on Market for Franklin, WI
We’re sorry, we don't have information for this market at the moment