From July through September of 2017, there were two homes sold, with a median sale price of $26,500 - a 77.2% decrease over the $116,000 median sale price for the same period of the previous year. There were five homes sold in Franklin in the third quarter of 2016.
The median sales tax in Franklin for the most recent year with available data, 2016, was $1,278.90, approximately 4.8% of the median home sale price for the third quarter of 2017.
The following table compares Franklin to other Morgan County cities in the third quarter of 2017:
| City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Jacksonville | 72 | 101 | -28.7% | $94,500 | $89,500 | 5.6% |
| South Jacksonville | 27 | 24 | 12.5% | $93,500 | $73,500 | 27.2% |
| Murrayville | 1 | 3 | -66.7% | $79,000 | $75,000 | 5.3% |
| Woodson | 4 | 4 | 0% | $67,500 | $57,500 | 17.4% |
| Chapin | 1 | 4 | -75% | $61,000 | $25,000 | 144% |
| Meredosia | 9 | 4 | 125% | $48,000 | $29,000 | 65.5% |
| Waverly | 8 | 6 | 33.3% | $31,475 | $43,000 | -26.8% |
| Franklin | 2 | 5 | -60% | $26,500 | $116,000 | -77.2% |
| Concord | 1 | 0 | - | $22,000 | $0 | - |
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