$6,175 Closing Credit*
$520,000
1,500 SqFt
3 Beds
•2 Full Baths
#1897883, Virginia Herek, Listing Office: RE/MAX Newport
Is Franksville, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Franksville was a Neutral 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
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$21,000(+4.9%)
Key Takeaway
Homes in Franksville have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Franksville was $450,000 in September 2024, up 4.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $367.5K | $230.9K | -37.1% |
| 3 Bedrooms | $407.9K | $439.9K | +7.9% |
| 4 Bedrooms | $449K | $450K | 0.2% |
| 5+ Bedrooms | $787.8K | $528.5K | -32.9% |
Summary: Franksville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 0.2%, 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
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Summary: The Franksville real estate market had 25 homes for sale in September 2024, a 16.7% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Franksville housing inventory by bedroom type for September 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 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Franksville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Franksville in September 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Franksville, WI
We’re sorry, we don't have information for this market at the moment
