$6,531 Closing Credit*
$550,000
2,755 SqFt
3 Beds
•3 Full Baths
#1898572, Margaret DeRocha Blank, Listing Office: Shorewest Realtors, Inc.
Is Franksville, 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, Franksville was a Buyer's Market.
Key Takeaway
Franksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Franksville, WI
How much do homes in Franksville, WI cost?
Median Sold Price
$450,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+3.4%)
Key Takeaway
Homes in Franksville have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Franksville was $450,000 in October 2024, up 3.4% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $525K | $230.9K | -56.0% |
| 3 Bedrooms | $414.7K | $439.9K | +6.1% |
| 4 Bedrooms | $449.5K | $450K | 0.1% |
| 5+ Bedrooms | $787.8K | $528.5K | -32.9% |
Summary: Franksville 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 decreased by 56%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 32.9%.
Housing Supply in Franksville, WI
How many homes are available in Franksville, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The Franksville real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Franksville 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 increased by 100%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 80%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 4 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Franksville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Franksville in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Franksville, WI
We’re sorry, we don't have information for this market at the moment
