Foreclosure Homes in Franklin, WI 53132

Current Market Conditions in Franklin, WI

The real estate market in Franklin has been experiencing a steady increase in home prices, driven by a growing demand for housing in the Milwaukee suburbs. With the influx of families and professionals looking to escape the hustle and bustle of downtown Milwaukee, the availability of homes has become tighter, leading to increased competition among buyers.

Mortgage rates have started to stabilize, giving potential buyers a moment to consider their options while current homeowners are opting to refinance or improve their existing homes. This trend is expected to continue, keeping the market active and dynamic.

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.