Franklin, WI Real Estate & Homes for Sale
Franklin is one of Milwaukee County‘s most established suburban cities — a 36,000-resident community with a strong school district, executive-level new construction, and fast US-45 access to downtown Milwaukee. Whether you’re upgrading from a starter home, relocating to Southeast Wisconsin, or right-sizing after the kids leave, Franklin delivers the space, schools, and location that move-up buyers are looking for.
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Trusted advisors for Franklin and Milwaukee County buyers & sellers.
- ✅ Local Realtors and market specialists with live MLS access — Franklin and Milwaukee County
- ✅ Neighborhood-by-neighborhood pricing insight across Franklin’s 53132 ZIP
- ✅ 1-on-1 guided showings in Franklin, nearby communities, and same-week scheduling
- ✅ Franklin-specific pricing, offer, and inspection strategy support


Franklin Market Snapshot
Franklin, WI real estate reflects Milwaukee County‘s seller-favored conditions — limited inventory, strong list-to-sale ratios, and steady year-over-year appreciation. Conditions shift by price range and subdivision, so treat these numbers as a starting point and request current MLS comps before pricing or writing an offer.
SFH listings on market now — Franklin 53132 (MLS).
$561K
Avg SFH sold price — June 2026, Franklin 53132 (MLS).
45 days
Avg days on market — last 5 SFH sales, Franklin 53132.
99.8%
List-to-sale ratio — homes selling near asking. Minimal overbid pressure.
New SFH listings added this week — Franklin 53132.
SFH sales closed this week — Franklin 53132.
1.5 mo.
Est. months of supply — strong seller’s market (well below 6-mo. equilibrium).
+12.4% YoY
Avg SFH price change, Jan–Jun 2025 vs. Jan–Jun 2026 (MLS).
Need a property-specific read? Request a custom valuation for your Franklin address.
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Living in Franklin, WI
Franklin sits in the southern tier of Milwaukee County — large enough to support its own commercial infrastructure, far enough from the urban core that lot sizes and price-per-square-foot work in your favor. It’s a city that punches above its portal profile: strong schools, low crime relative to the county, a genuine suburban identity, and 20–25 minutes to downtown Milwaukee under normal conditions.
- 🚗US-45 and I-894 connect most Franklin addresses to downtown Milwaukee in 20–30 minutes. I-43 access via Oak Creek extends range south and north without surface-road dependency.
- 🎓Franklin Public Schools is the primary district, serving most of the city with K–12 programming from neighborhood elementaries through Franklin High School. Boundaries vary — confirm by address.
- 🏡Property types span entry-level ranches and split-levels from the 1980s–1990s up through newer executive two-stories with 3-car garages and finished lower levels on the city’s southern and western edges.
- 🌳Root River Parkway, city parks, and trail connections are distributed throughout residential areas — Franklin rewards buyers who factor outdoor access into their neighborhood decision.
- 📍Borders Hales Corners, Greenfield, New Berlin, Muskego, and Oak Creek — making it a natural hub for buyers comparing Milwaukee County and Waukesha County options simultaneously.
- 🏗️Active new construction pockets on the city’s southern edge for buyers who want current layouts, energy efficiency, and builder warranties without moving to Waukesha County.
Franklin Neighborhoods & Area Profiles
Franklin spans roughly 35 square miles — larger than many buyers expect. Location within the city shapes your commute time, school assignment, lot size, and the age of the housing stock you’ll be choosing from. These are the four zones that define most Franklin buyer searches.
📍 Northern Franklin — US-45 & I-894 Corridor
Closest to Milwaukee, Greenfield, and Hales Corners. Strong highway access, established neighborhoods, and the city’s most convenient reach to Milwaukee County amenities. Housing stock skews 1980s–early 2000s ranches and two-stories with mature trees and established lots.
- Shortest commute to downtown Milwaukee (20–22 min)
- Quick access to Whitnall Park and Root River Parkway
- Good first-time buyer and move-up inventory range
- Tight with Hales Corners and Greenfield for cross-shopping
📍 Drexel Avenue Corridor — Central Franklin
The city’s primary commercial spine runs east-west along Drexel Ave. Neighborhoods on both sides offer practical proximity to retail, restaurants, and services. A reliable middle ground for buyers who want daily convenience without the northern premium.
- Grocery, pharmacy, and restaurant access without a drive
- Mix of split-levels, ranches, and two-stories
- Good benchmark for average Franklin pricing
- Strong rental and investment activity in older price tiers
📍 Ryan Road & Loomis Corridor — Western Franklin
Broader lots, quieter residential character, and trail and creek-buffer access for buyers who prioritize outdoor lifestyle. A well-regarded stretch for move-up families — more space per dollar than northern Franklin, with reasonable commute access via US-45.
- Larger average lot sizes and more green space buffer
- Strong family buyer profile — near quality elementaries
- Mix of 1990s–2000s builds, some with significant updates
- Less congestion than the northern highway corridors
📍 Southern Franklin — Newer Development Edge
The city’s growth frontier over the last two decades. Executive-level new construction, larger floor plans, 3-car garages, and HOA communities are concentrated here. Borders Oak Creek and Muskego — worth comparing all three if you’re in the $550K+ range.
- 2000s–current builds with modern open floor plans
- Largest lot sizes in the city
- Strongest competition from Oak Creek and Muskego cross-shoppers
- Higher price points — $500K–$800K+ range common
Franklin Public Schools
Franklin Public School District serves the majority of the city with a K–12 system built around neighborhood elementaries feeding a single middle school and high school. School assignment depends on your address — confirm boundaries before writing an offer if specific programs or buildings are a priority.
🎓 Franklin Schools — District Overview
- Franklin High School (9–12) — primary 9–12 building serving the full district
- Benjamin Franklin Middle School (7–8)
- Elementary buildings: Forest Park, Green Meadows, Pioneer Primary, Thomas Jefferson, Ronald Reagan, William H. Ryan
- Verify your assigned school by address before submitting an offer
- Ask us which micro-neighborhoods align with your target school building
🤝 Community Resources
- Franklin Public Library — city branch with programs for all ages
- Franklin Recreation Department — youth sports, seasonal programming, adult leagues
- Strong HOA networks in newer subdivisions — ask about specific association rules and fees
- City utilities (water/sewer) serve most of Franklin — confirm service address before closing
Parks, Dining & Weekend Life in Franklin
Franklin is a practical place to live but not a boring one. The city has real outdoor infrastructure, established dining, and easy reach to the Milwaukee County parks system — which matters when you’re comparing it against Waukesha County alternatives at a similar price point.
🌳 Parks & Outdoor Access
- Root River Parkway — Milwaukee County trail system running near the northern city boundary; paved trail for walking, running, and biking
- Whitnall Park — large Milwaukee County park nearby (Hales Corners), with Boerner Botanical Gardens and a golf course
- City parks: Lakeview Park, Ryan Creek Park, Jewel Crest Park, and Naber Park for local field sports and playgrounds
- Seasonal programming through Franklin Recreation throughout the year
☕ Dining & Daily Life
- The Wigwam — a landmark supper club on S. 27th St, a Southeast Wisconsin institution for Friday fish fry and prime rib
- Full grocery and pharmacy options along the Drexel Ave and Rawson Ave corridors (Pick ‘n Save, Walmart Supercenter)
- Growing independent restaurant scene along the main commercial corridors
- Quick access to Oak Creek’s Drexel Town Square and Greenfield shopping for expanded retail
🎉 Community & Events
- Franklin Civic Events — city-organized programming throughout spring, summer, and fall
- Franklin Farmers Market — seasonal market during summer months
- Strong youth sports culture through both school district and recreation department programs
- Easy reach to downtown Milwaukee (20–30 min) for arts, sports, and entertainment without living in the city
Franklin Real Estate FAQs
How does Franklin compare to Oak Creek or New Berlin?
Franklin, Oak Creek, and New Berlin are the three most common cross-shops in this price range. Oak Creek has more commercial development and I-94 access but similar school quality. New Berlin (Waukesha County) typically offers lower property taxes but slightly longer Milwaukee commutes. Franklin’s advantage: Milwaukee County location with suburban lot sizes, a well-regarded school district, and strong price diversity from entry-level to executive. The right answer depends on where you work, your tax tolerance, and which specific neighborhoods are active when you search.
What are typical property taxes in Franklin?
Property taxes in Franklin are set by Milwaukee County, the city, and the school district — meaning they run moderately higher than comparable homes in Waukesha County cities like New Berlin or Muskego. The exact figure varies by assessed value and location within the city. Ask us to pull the tax history on any specific property before you make an offer — it belongs in your monthly payment math from day one.
Is Franklin a good fit for commuters?
Yes, for most Milwaukee-area commute patterns. US-45 northbound puts most Franklin addresses 20–25 minutes from downtown Milwaukee under normal conditions. I-894 adds east-west flexibility, and I-43 via Oak Creek works for Racine, Kenosha, or Chicago corridor commuters. Map your actual drive during peak hours before choosing a specific neighborhood — commute times from northern and southern Franklin differ by 8–12 minutes depending on your route.
What price ranges are typical in Franklin?
The current market runs roughly $280K–$400K for entry-level ranches and older split-levels, $400K–$600K for well-updated two-stories and move-up homes in established subdivisions, and $600K–$850K+ for executive new construction and premium builds on the city’s southern edge. These ranges shift with inventory — request current MLS comps for your target size and area before setting offer expectations.
How competitive are offers in Franklin right now?
Well-priced homes in strong condition move quickly — the current list-to-sale ratio reflects above-asking sales on good inventory. The advantage goes to buyers who are pre-approved, have clear inspection parameters, and understand what comparable sales support. We can review recent closed sales before your first offer so you’re not guessing.
What’s the best area of Franklin for families with kids?
Most of Franklin falls in the Franklin Public School District, which is a genuine draw. The Ryan Road and Loomis corridor areas in western Franklin are consistently popular with move-up families — good lot sizes, proximity to quality elementary buildings, and slightly less congestion than the northern corridors. Southern Franklin’s newer subdivisions appeal to buyers who want current floor plans and HOA-maintained common areas. Tell us your school and commute priorities and we’ll narrow it down by address.
Can Kaplon Realty help with selling a home in Franklin?
Yes. We handle Franklin listings with staging guidance, professional photography, and digital marketing targeted at Milwaukee-area buyers, Waukesha County move-up buyers, and out-of-state relocators. Franklin’s 100%+ list-to-sale ratio means well-presented homes perform well — preparation and pricing precision matter more than timing in this market.
Franklin, WI Homes for Sale
Browse current Franklin listings below — updated multiple times daily from the MLS. See something that fits? Contact us for a private showing, pricing context, and offer strategy before the weekend rush.
Why Tour with Kaplon Realty in Franklin
- Priority showing scheduling to stay ahead of weekend traffic on new listings
- Neighborhood-level pricing analysis so you know what comparables support before you write
- Trusted inspector and lender referrals when you’re ready to move
- Honest guidance on inspection priorities specific to Franklin’s housing stock and subdivision age
Franklin MLS listings refresh throughout the day — bookmark this page or set a saved search alert to catch new inventory as it hits.
Franklin WI Real Estate: A Local Guide
Ready to Buy or Sell in Franklin?
Whether you’re buying your first home, moving up, or preparing to sell — we bring Franklin-specific market knowledge, honest guidance, and full-service support to every transaction.
Contact Kaplon Realty Browse Current Listings
Prefer to call? Reach us at 262-498-6751.
Franklin Buyer Planning Checklist
- Verify your assigned school building by street address — don’t assume by subdivision name.
- Pull tax history on any target property — Milwaukee County rates matter for monthly payment math.
- Map your commute during peak hours before finalizing a neighborhood zone.
- Compare HOA terms and fees across subdivisions before ranking similar-priced homes.
- Review typical inspection priorities for the build decade of homes you’re targeting in Franklin.
- Benchmark nearby alternatives in Oak Creek, Hales Corners, or New Berlin when Franklin inventory is tight.
