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Foreclosure Homes in Franklin, WI

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Franklin, WI Foreclosures

Current Market Conditions in in Franklin, WI As of March 2026?
In the past month, Franklin has experienced a slight uptick in real estate activity, with listings receiving swift attention and, in some cases, resulting in bidding wars. Home prices have shown resilience, with many homes selling for above asking price due to increased buyer interest. This trend indicates a continued demand for the area, reflecting its desirability and the community's growth.
How much do homes sell for in Franklin, WI?
The average home price is currently $482,668.
In Franklin, WI, how many homes are available?
There are currently 58 active home listings available in Franklin.
What’s the average rental cost in Franklin, WI?
The average rental price in Franklin is $2,040.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $38,963,650.
What is currently the cheapest priced home in Franklin, WI?
The cheapest home for sale in Franklin is priced at $14,376.

Living in Franklin, WI

Franklin, WI is a vibrant suburb of Milwaukee known for its strong community ties and excellent schools. With plenty of parks and recreational choices, it’s perfect for families and those seeking a peaceful environment close to urban amenities. The area features a range of housing options and growing commercial establishments, enhancing its appeal to residents.

Buyer vs Seller Market in Franklin, WI

Franklin's real estate market has remained robust with a steady increase in housing demand. With the rise in remote working, more buyers are opting for suburban living, leading to many families looking to settle in Franklin. This trend has kept property values competitive, with homes often receiving multiple offers shortly after listing.

The current market also shows signs of appreciation, with recent statistics indicating a year-over-year increase in property values. As interest rates begin to stabilize, more potential buyers are looking at flexible mortgage options, making the housing market dynamic, yet competitive.

Home Value Estimator For Franklin, WI

There are currently 13,225 real estate properties in Franklin, WI, with a median automated valuation model (AVM) price of $420,086.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, WI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, WI, is $482,668.00, with the most expensive house in Franklin, WI, topping out at $38,963,650.00 and the cheapest home in Franklin, WI, clocking in at $14,376.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, WI!

Rent Prices In Franklin, WI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, WI, is on a rollercoaster ride. The average rent price in Franklin, WI, is $2,040.00. Indeed, when looking to rent in Franklin, WI, you can expect to pay as little as $1,060.00 or as much as $3,120.00, with the average rent median estimated to be $2,040.00. The good news is that finding an affordable and desirable property to rent in Franklin, WI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Franklin, WI Foreclosures


Market Trend for Franklin, WI

Total Listings Available: 58

Market Values:

Home Prices from $14,376 to $38,963,650

Average Sales Price: $482,668

Rental Values:

Rental from $1,060 to $3,120

Average Rent Value: $2,040 / month

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