$748 Closing Credit*
$63,000
1,923 SqFt
#1901547, Aaron Bailey, Listing Office: Premier Point Realty LLC
Is Franklin Heights, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Franklin Heights was a Seller's Market.
Key Takeaway
Franklin Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Franklin Heights, WI
How much do homes in Franklin Heights, WI cost?
Median Sold Price
$64,750
$46/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,750(+24.5%)
Key Takeaway
Homes in Franklin Heights have sold for 24.5% more than they did a year ago.
Summary: The median home sold price in Franklin Heights was $64,750 in November 2024, up 24.5% from last year, and the median price per square foot was $46.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $82.7K | N/A |
| 3 Bedrooms | $43K | $82.2K | +91.3% |
| 4 Bedrooms | $87K | $48K | -44.8% |
| 5+ Bedrooms | $52K | $50K | -3.8% |
Summary: Franklin Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 91.3%, 4 bedroom homes decreased by 44.8%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Franklin Heights | $52K | $64.7K | +24.5% |
| Lincoln Creek | $134.4K | $140K | +4.1% |
Housing Supply in Franklin Heights, WI
How many homes are available in Franklin Heights, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Franklin Heights real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Franklin Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Franklin Heights, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Franklin Heights in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Franklin Heights, WI
We’re sorry, we don't have information for this market at the moment
