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    Franklin, WI Residential Land & Home Lots for Sale

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    Muskego, WI Hales Corners, WI Greendale, WI
    Vacant Land with Floodplain Considerations
    $400,000
    4.60 Acres
    Vacant Land with Floodplain Considerations

    Lot0 W Drexel Ave, Franklin, WI 53132

    Vacant land offering about 4.6 acres, with mapped wetlands and portions in the 100-year floodplain.
    • +/- 4.6‑acre property in Franklin with creek and stream waterfront features.
    • Survey on file identifies possible wetlands and environmental corridor areas.
    • Portions of the property are located within the 100‑year floodplain.
    • Buyer access to consult with the City of Franklin, Milwaukee County, and DNR regarding intended use and permitting.
    Updated: Jun 4
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    Vacant Land in Quaint Community
    $59,500
    0.64 Acres
    Vacant Land in Quaint Community

    6749 S Prairiewood Ln, Franklin, WI 53132

    Vacant land perfect for building your dream condo.
    • Prime vacant land suitable for condo development.
    • Located in a friendly, quaint, serene, and quiet community.
    • Easy access to nearby amenities and conveniences.
    • Close proximity to local parks, walking trails, and recreational facilities.
    • Convenient access to shopping centers and restaurants.
    Updated: Jul 11, 2025
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    Vacant Land in Quaint Community
    $59,500
    0.64 Acres
    Vacant Land in Quaint Community

    Vacant land perfect for building a condo in Franklin, WI.

    6741 S Prairiewood Ln, Franklin, WI 53132

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Franklin, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Lot in Oak Creek
    $149,900
    0.46 Acres
    Residential Lot in Oak Creek

    0.469 acre residential lot for new construction.

    2241 W Grays Lane, Oak Creek, WI 53154

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    Developed Land with Rolling Hills
    $475,000
    5.26 Acres
    Developed Land with Rolling Hills

    5.26 acre lot ready for dream home development.

    1453 Waukesha Rd, Caledonia, WI 53108

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    Developed Lot with Rolling Hills
    $575,000
    6.53 Acres
    Developed Lot with Rolling Hills

    6.53 acre lot with utilities access in Caledonia, WI.

    1459 Waukesha Rd, Caledonia, WI 53108

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    Oak Creek Vacant Land
    $1,200,000
    12.53 Acres
    Oak Creek Vacant Land

    12.5 acres of land for multi-unit development.

    401 W Centennial Dr, Oak Creek, WI 53154

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    Franklin, WI Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 3 residential land & home lots for sale in Franklin, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $519,000.

    Sale prices for home sites in Franklin, WI start at $59,500, averaging $173,000, and reaching up to $400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 20
    Industrial land 4
    Residential land & home lots 3
    Recreation land 1

    Property Size Breakdown

    The majority of commercial real estate listings in Franklin fall within the 1 to 5 acres range.

    Demographics Overview

    Population 35K
    Population Growth (5Y) -1.9%
    Median Household Income $110,656
    College Educated 61.3%

    High-Yield Neighborhoods for Investment

    Identify Franklin submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    53132 $59.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.88%
    Property Tax per SF $35.13 per sq ft
    Tax Rate vs County Average 1.24 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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