In February 2022, there were 34 homes sold, with a median sale price of $149,450 - a 21.8% decrease over the $191,200 median sale price for the same period of the previous year. There were 22 homes sold in Franklin in February 2021.
The median sales tax in Franklin for the most recent year with available data, 2018, was $1,890, approximately 1.3% of the median home sale price for February 2022.
The following table compares Franklin to other Warren County cities with similar median sale prices in February 2022:
City | Feb. 2022 Home Sales | Feb. 2021 Home Sales | % change (Total Home Sales) | Feb. 2022 Median Sales Price | Feb. 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Pleasant Plain | 2 | 1 | 100% | $256,500 | $42,230 | 507.4% |
Lebanon | 27 | 27 | 0% | $253,000 | $225,000 | 12.4% |
Morrow | 14 | 14 | 0% | $252,750 | $235,850 | 7.2% |
Five Points | 7 | 4 | 75% | $240,000 | $346,500 | -30.7% |
South Lebanon | 4 | 3 | 33.3% | $237,075 | $160,500 | 47.7% |
Blanchester | 2 | 1 | 100% | $228,333.50 | $100,000 | 128.3% |
Hunter | 2 | 1 | 100% | $205,000 | $240,000 | -14.6% |
Clarksville | 3 | 1 | 200% | $185,000 | $248,000 | -25.4% |
Carlisle | 6 | 2 | 200% | $160,512.50 | $208,000 | -22.8% |
Franklin | 34 | 22 | 54.5% | $149,450 | $191,200 | -21.8% |
Corwin | 1 | 0 | - | $72,000 | $0 | - |