Home prices
The cost of the median home in Franklin is $251,400. In comparison to its nearby areas it is about $22,700 (9%) higher.Compared to the rest of the country it is approximately $33,900 (15%) higher, and compared to the city of Chicago it is roughly $6,600 (2%) lower.
Rents
In Franklin the median monthly rent is $1,066. This is about $21 (2%) higher in comparison to its nearby areas.In comparison to the United States as a whole it is is very similar, and is roughly $46 (4%) lower in comparison to the city of Chicago.
Nearby places
Greendale
Greendale is Franklin's neighbor to the north. Its housing prices are a little less expensive. The median home price in Greendale is $216,800, which works out to $34,600 (15%) lower than Franklin. The rent there is a little less expensive. Greendale's median rent is $955 a month, which is $111 (11%) lower than Franklin.
Hales Corners
Hales Corners is Franklin's neighbor to the northwest. Its real estate prices are a little less expensive. The median home in Hales Corners is valued at $226,000, which is $25,400 (11%) lower than Franklin. Rents there are somewhat more expensive. In Hales Corners the median monthly rent is $1,138, which is $72 (6%) higher than Franklin.
Oak Creek
Oak Creek is Franklin's neighbor to the east. The real estate prices there are a little less expensive. The cost of the median home in Oak Creek is $231,200, which works out to $20,200 (8%) lower than Franklin. The rent there is pretty similar. The median monthly rent in Oak Creek is $1,063, which is very similar to Franklin.
Greenfield
Greenfield is Franklin's neighbor to the north. Housing prices there are substantially less expensive. Greenfield's median home value is $177,800, which is $73,600 (41%) lower than Franklin. Rent there is a little less expensive. The median monthly rent in Greenfield is $971, which works out to $95 (9%) lower than Franklin.
Muskego
Muskego is Franklin's neighbor to the west. The housing prices there are a bit more expensive. The median home price in Muskego is $291,700, which works out to $40,300 (13%) higher than Franklin. Rent there is fairly similar. In Muskego the median rent is $1,096 a month, which is $30 (2%) higher than Franklin.
