From July through December of 2020, there were four homes sold, with a median sale price of $90,000 - a 13.5% decrease over the $104,000 median sale price for the same period of the previous year. There were seven homes sold in Franklin in the second half of 2019.
The median sales tax in Franklin for the most recent year with available data, 2019, was $1,310, approximately 1.5% of the median home sale price for the second half of 2020.
The following table compares Franklin to other Morgan County cities in the second half of 2020:
| City | July - Dec. 2020 Home Sales | July - Dec. 2019 Home Sales | % change (Total Home Sales) | July - Dec. 2020 Median Sales Price | July - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Jacksonville | 51 | 33 | 54.5% | $110,000 | $87,500 | 25.7% |
| Jacksonville | 186 | 152 | 22.4% | $107,250 | $90,000 | 19.2% |
| Woodson | 7 | 3 | 133.3% | $95,000 | $75,000 | 26.7% |
| Franklin | 4 | 7 | -42.9% | $90,000 | $104,000 | -13.5% |
| Waverly | 11 | 10 | 10% | $79,900 | $69,178 | 15.5% |
| Murrayville | 8 | 6 | 33.3% | $62,950 | $66,750 | -5.7% |
| Chapin | 4 | 5 | -20% | $55,000 | $40,000 | 37.5% |
| Meredosia | 6 | 5 | 20% | $33,000 | $40,000 | -17.5% |
| Concord | 1 | 1 | 0% | $20,000 | $105,000 | -81% |
Alerts Sign-up