From January through June of 2021, there were five homes sold, with a median sale price of $120,000 - a 75.8% increase over the $68,250 median sale price for the same period of the previous year. There were four homes sold in Franklin in the first half of 2020.
The median sales tax in Franklin for the most recent year with available data, 2019, was $1,310, approximately 1.1% of the median home sale price for the first half of 2021.
The following table compares Franklin to other Morgan County cities in the first half of 2021:
| City | Jan. - June 2021 Home Sales | Jan. - June 2020 Home Sales | % change (Total Home Sales) | Jan. - June 2021 Median Sales Price | Jan. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Franklin | 5 | 4 | 25% | $120,000 | $68,250 | 75.8% |
| South Jacksonville | 28 | 33 | -15.2% | $112,500 | $96,500 | 16.6% |
| Jacksonville | 171 | 122 | 40.2% | $89,000 | $83,500 | 6.6% |
| Woodson | 5 | 5 | 0% | $86,000 | $120,000 | -28.3% |
| Murrayville | 8 | 2 | 300% | $73,000 | $57,000 | 28.1% |
| Waverly | 9 | 10 | -10% | $70,000 | $53,500 | 30.8% |
| Chapin | 4 | 4 | 0% | $24,000 | $74,500 | -67.8% |
| Meredosia | 5 | 3 | 66.7% | $18,000 | $30,000 | -40% |
| Concord | 0 | 5 | -100% | $0 | $25,000 | -100% |
Alerts Sign-up