Housing in Franklin, WI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$305,000

Median List Price

$449,000

Price Per Sq Ft

$204

Days on Market

68

Active Inventory

53

Months of Supply

2.1

Seller's market

Zillow Home Value

$416,529

ZHVI — January 2026

Zillow Rent Index

$1,729

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 26.5%List Price 8.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

44.0%

Sale-to-List Ratio

98.4%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
44.0%
Listings with Price Drops
17.0%

Market Activity

Source: Redfin

Homes Sold

25

New Listings

25

Pending Sales

25

Homes Sold 13.8%New Listings 50.0%Pending 49.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$204

Median List $/SF

$216

Sale $/SF 4.7%List $/SF 1.4%Mar 24Jan 26

Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Franklin is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$343,400

Median Rent

$1,325

Total Housing Units

14,433

Vacancy Rate

2.6%

Owner Occupied

77.8%

Renter Occupied

22.1%

Median Property Tax

$6,369

per year

Monthly Cost (w/ Mortgage)

$1,635

Housing Types

Single Family
71.6%
Multi-Family
27.7%
Mobile Home
0.7%

The current median sale price in Franklin, WI is $305,000 according to Redfin data. Homes spend a median of 68 days on the market. 20.0% of homes sold above asking price. The market has 2.1 months of supply. The median price per square foot is $204. Zillow's observed rent index is $1,729/month. About 77.8% of housing units are owner-occupied. The median year homes were built is 1989. There are 14,433 total housing units.