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Foreclosure Homes in Franklin, WI

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Franklin, WI Foreclosures

How much do homes sell for in Franklin, WI?
The average home price is currently $489,407.
In Franklin, WI, how many homes are available?
There are currently 48 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 $39,923,844.
What is currently the cheapest priced home in Franklin, WI?
The cheapest home for sale in Franklin is priced at $14,731.

Living in Franklin, WI

Franklin is a growing suburban community located in Milwaukee County, Wisconsin, known for its family-friendly atmosphere, excellent schools, and numerous recreational opportunities. The area features a mix of residential neighborhoods, parks, and shopping centers, making it an ideal location for families and individuals seeking a balanced lifestyle. With close proximity to downtown Milwaukee, residents enjoy a small-town feel while being close to urban amenities.

Current Market Conditions in Franklin, WI

The Franklin real estate market has shown steady growth over the past year, demonstrating a robust demand for homes, particularly single-family residences. The neighborhood's appeal lies in its excellent school system and community atmosphere, causing home prices to rise as more families seek to move into the area.

Currently, the market in Franklin is competitive, with limited inventory leading to slightly higher prices. Homes are typically on the market for a shorter time compared to last year, which suggests rising interest from prospective buyers and investors.

Home Value Estimator For Franklin, WI

There are currently 13,226 real estate properties in Franklin, WI, with a median automated valuation model (AVM) price of $428,420.00. 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 $489,407.00, with the most expensive house in Franklin, WI, topping out at $39,923,844.00 and the cheapest home in Franklin, WI, clocking in at $14,731.00. 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: 48

Market Values:

Home Prices from $14,731 to $39,923,844

Average Sales Price: $489,407

Rental Values:

Rental from $1,060 to $3,120

Average Rent Value: $2,040 / month

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