$6,828 Closing Credit*
$575,000
1,738 SqFt
3 Beds
•2 Full Baths
#1902154, Dawn Kamalian, Listing Office: Shorewest Realtors - South Metro
Is Franksville, 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, 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
$448,560
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$440(-0.1%)
Key Takeaway
The sold price of homes in Franksville has remained the same since last year.
Summary: The median home sold price in Franksville was $448,560 in November 2024, down 0.1% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $525K | $390K | -25.7% |
| 3 Bedrooms | $425K | $434.9K | +2.4% |
| 4 Bedrooms | $449.5K | $452.5K | +0.7% |
| 5+ Bedrooms | $525.6K | $528.5K | +0.6% |
Summary: Franksville 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 decreased by 25.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 0.6%.
Housing Supply in Franksville, WI
How many homes are available in Franksville, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Franksville real estate market had 19 homes for sale in November 2024, a 5.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Franksville 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 remained the same, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were 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, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Franksville in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Franksville, WI
We’re sorry, we don't have information for this market at the moment
