Is Franksville, 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, Franksville has remained a Seller's Market.
Key Takeaway
Franksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Franksville, WI
How much do homes in Franksville, WI cost?
Median Sold Price
$439,990
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Franksville have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Franksville was $439,990 in April 2024, up 2.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $282.5K | $390K | +38.1% |
| 3 Bedrooms | $405K | $426K | +5.2% |
| 4 Bedrooms | $455K | $444.2K | -2.4% |
| 5+ Bedrooms | $925K | $525.6K | -43.2% |
Summary: Franksville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.1%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 43.2%.
Housing Supply in Franksville, WI
How many homes are available in Franksville, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 12 | -36.8% |
Summary: The Franksville real estate market had 12 homes for sale in April 2024, a 36.8% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 6 | 2 | -66.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Franksville 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 remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Franksville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Franksville in April 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Franksville, WI
We’re sorry, we don't have information for this market at the moment
