Franklin, WI home values & market trends

A market snapshot for the Franklin area in Milwaukee County, covering ZIP 53132. Prices are a 12-month median of asking prices, not closed sales, so one unusual month does not set the headline. For what your specific home is worth, get matched with a local agent below.

Typical list price

$449,900

12-month median · listed now $494,850

Year over year

Flat

Trailing 12 months vs the 12 before

Days on market

32

Median for current listings

Price / sq ft

$215

12-month median, per sq ft

Active listings

77

Homes currently for sale

Median list price, July 2021 to June 2026
Jul 2021 Jun 2026

Over these 60 months the Franklin median ranged from $327,450 to $507,450, finishing at $494,850. Asking prices, not closed sales.

Covers ZIP 53132 · Listing data via Realtor.com · Updated June 2026

About the Franklin market

Franklin sits on Milwaukee County's southern edge, with newer, larger homes and a lower-density, green layout.

Nearby markets

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Market statistics shown are aggregate listing figures for the ZIP codes noted above, combined across ZIPs and weighted by the number of active listings in each. ZIP code areas are set by the postal service and do not match city limits exactly, so the coverage is an approximation of the Franklin market rather than an exact match for it. These figures are for general informational purposes and are not an appraisal or valuation of any specific property. They reflect homes currently or recently listed, not closed sales, and vary by condition, location, and features. For a valuation of your home, consult a licensed real estate professional.