Franklin, told straight. By the numbers.
Where the Franklin single-family market actually stands as of April 2026 — bigger lots, newer builds, by the data.
Where the market sits, april 2026.
April median sale was $469,750 — meaningfully below the $549,202 a year ago. But the 2026 YTD median is $545,000, up 5% over 2025 YTD. April was an unusual month, not a trend.
The drop is driven by which homes happened to close in April — fewer high-end closings than April 2025 — not a real market downshift.
Median time to offer is 4 days. When Franklin homes are priced right, they move same-week.
0.87 months of supply — Franklin is one of the tightest inventories in Milwaukee County.
Source: MLS (FlexMLS via GMAR), single-family, pulled May 17, 2026. Filtered to Franklin, Milwaukee County. Numbers reflect what closed in April 2026 and the 2026 year-to-date period.
A noisy month in a healthy market.
Don't read too much into April's median dip. Franklin's monthly numbers swing because the city only does 20–25 single-family sales per month — a few luxury closings in or out of a month moves the median noticeably. YTD is the cleaner signal: median up 5%, average sale price up 11%.
Active inventory is up 10% YoY but absorption is still under one month — there are simply not enough listings to satisfy current demand. New listings are up 116% YoY in April, so supply may catch up later in the season.
The $400K–$500K bracket is the workhorse of the Franklin market — that's where most of the volume sits and it's up 17.6% YTD. The mid-luxury ($650K–$1M) is the strongest-growing segment, where new construction tends to live.
Average days on market crept up to 38 from 32 a year ago, but median dropped from 9 to 4. Same split we see across the metro: properly priced homes go faster, overpriced ones sit much longer. Don't list aspirationally in this market.
Short read for buyers: Franklin inventory is thin. When the right home appears, you have days, not weeks. Short read for sellers: April's median doesn't reflect what your specific home is worth — that's a CMA conversation, not a headline number.
April 2026 sales, by price tier.
Franklin is solidly a $400K+ market. The $400K–$500K tier dominates volume, with a healthy mid-luxury segment above. Sub-$400K activity has nearly evaporated as Franklin has continued upmarket.
Numbers tell you what. A conversation tells you the why.
Twenty minutes on the phone. I'll explain why Franklin's median bounced, what your specific price point is doing, and what to expect for the rest of 2026.
Start a conversation