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Foreclosure Homes in Franklin, WI 53132

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Franklin, WI Foreclosures

Current Market Conditions in in Franklin, WI As of February 2026?
In the past month, the Franklin real estate market has experienced a slight increase in home prices, driven by a decrease in inventory as more buyers are entering the market during the fall months. Homes that are well-maintained and priced appropriately are selling quickly, indicating a continued demand for housing in the area. As the winter approaches, we may see a seasonal slowdown, but this is typical for the market.
How much do homes sell for in Franklin, WI?
The average home price is currently $485,790.
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 $39,565,908.
What is currently the cheapest priced home in Franklin, WI?
The cheapest home for sale in Franklin is priced at $14,577.

Living in Franklin, WI

Franklin, WI is a charming suburb located just south of Milwaukee, offering a peaceful residential atmosphere with access to parks and local amenities. It's known for its strong community spirit, quality schools, and family-friendly events. With excellent transportation options and close proximity to Milwaukee, Franklin is an ideal place for those seeking a suburban lifestyle with urban conveniences.

Buyer vs Seller Market in Franklin, WI

The real estate market in Franklin has shown steady growth, with an increase in home prices over the past few years. The demand for single-family homes remains strong, making it a competitive market for buyers. With several new developments underway, the availability of housing options continues to expand to meet the needs of the growing population.

Currently, there is a balanced market with a moderate inventory of homes available for sale and a healthy level of buyer interest. This balance helps to stabilize home prices and provides opportunities for both buyers and sellers.

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 $424,796.00. 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 $485,790.00, with the most expensive house in Franklin, WI, topping out at $39,565,908.00 and the cheapest home in Franklin, WI, clocking in at $14,577.00. 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 53132 Foreclosures


Market Trend for Franklin, WI

Total Listings Available: 48

Market Values:

Home Prices from $14,577 to $39,565,908

Average Sales Price: $485,790

Rental Values:

Rental from $1,060 to $3,120

Average Rent Value: $2,040 / month

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