$1,068 Closing Credit*
$89,900
2,400 SqFt
#1899694, Alshun Cole, Listing Office: Fathom 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 October 2023
At the same time last year, Franklin Heights was a Seller's Market.
Key Takeaway
Franklin Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Franklin Heights, WI
How much do homes in Franklin Heights, WI cost?
Median Sold Price
$69,000
$51/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+56.8%)
Key Takeaway
Homes in Franklin Heights have sold for 56.8% more than they did a year ago.
Summary: The median home sold price in Franklin Heights was $69,000 in October 2024, up 56.8% from last year, and the median price per square foot was $51.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $82.7K | N/A |
| 3 Bedrooms | $41.5K | $85K | +104.8% |
| 4 Bedrooms | $87K | $63K | -27.6% |
| 5+ Bedrooms | $42K | $54.7K | +30.4% |
Summary: Franklin Heights housing prices by bedroom type for October 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 104.8%, 4 bedroom homes decreased by 27.6%, and 5+ bedroom homes increased by 30.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Franklin Heights | $44K | $69K | +56.8% |
| Lincoln Creek | $137K | $138.7K | +1.3% |
Housing Supply in Franklin Heights, WI
How many homes are available in Franklin Heights, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Franklin Heights real estate market had 21 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Franklin Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was 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, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Franklin Heights in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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
