Why Live in Franklin
Franklin, a growing suburb in the Chicago-Milwaukee Interstate 94 corridor, has seen a population increase of over 10% since 2000, making it the fastest-growing city in southeastern Wisconsin. The area is home to major employers like Carma Labs and Saputo Cheese USA Inc., providing significant job opportunities. Franklin features a variety of home styles, including ranch-style, Cape Cod, New Traditional, and Colonial-inspired single-family homes, with some subdivisions offering custom architecture. The neighborhoods are characterized by green lawns, mature trees, and basketball hoops, though sidewalks are limited. Outdoor recreation is popular, with the Root River Parkway and Kayla's Playground being notable spots. Franklin Field and The Rock host events like outdoor movies, Christmas light displays, and Milwaukee Milkmen baseball games. Dining options have expanded, although many residents travel to nearby Drexel Town Square and Southridge Mall for shopping. The Franklin Public School District, Oak Creek/Franklin Joint School District, and Whitnall School District serve the area, all with high ratings. The city has low crime rates compared to the national average, and while summers can be humid, winters are snowy with occasional flooding from the Root River. Key transportation routes include Wisconsin State Routes 36 and 100, with Milwaukee Mitchell International Airport about 8 miles away. Annual events like the St. Martins Labor Day Fair and Trunk or Treat at the Franklin Public Library add to the community's charm.
Home Trends in Franklin, WI
On average, homes in Franklin, WI sell after 22 days on the market compared to the national average of 50 days. The median sale price for homes in Franklin, WI over the last 12 months is $410,500, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$410,500
Median Single Family Sale Price
$480,000
Median 2 Bedroom Sale Price
$265,000
Average Price Per Sq Ft
$235
Number of Homes for Sale
77
Last 12 months Home Sales
404
Median List Price
$425,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%