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    Franklin, WI
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    Franklin, WI Residential Land & Home Lots for Sale

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    Residential Land Parcel
    Updated: Jun 4
    Residential Land Parcel

    Lt0 W Drexel Ave, Franklin, WI 53132

    $400,000
    4.60 AC lot
    Approximately 4.6 acres in Franklin, surrounded by established homes
    Survey on file identifies possible wetlands and environmental corridor areas
    Survey indicates portions of the property are located within the 100‑year floodplain
    Buyers should consult the City of Franklin, Milwaukee County, and DNR regarding intended use and permitting
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    Residential Land with Two Homes
    Updated: May 15, 2025
    Residential Land with Two Homes

    10049 W Loomis Rd, Franklin, WI 53132

    $1,200,000
    4.12 AC lot
    Two residential homes with 3BR/1BA each, built in 1952
    Both homes include detached 2‑car garages
    4+ acres total with 5 parcels (5 tax IDs)
    Located in Franklin’s Business District under B‑3 zoning for future development
    Sold as‑is and tenants’ rights apply
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    Franklin, WI Vacant Land
    Franklin, WI Vacant Land

    3341 W Rawson Ave, Franklin, WI 53132

    $164,900
    0.61 AC lot

    Vacant land in Franklin, WI, with potential for various uses.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Vacant Residential Lot
    Vacant Residential Lot

    6749 S Prairiewood Ln, Franklin, WI 53132

    $49,500
    0.64 AC lot

    Vacant residentially zoned land offering space to plan a new home in a quiet Franklin setting.

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    Vacant Residential Land Lot
    Vacant Residential Land Lot

    6741 S Prairiewood Ln, Franklin, WI 53132

    $49,500
    0.64 AC lot

    Build-ready residential lot in Franklin, WI, suited for new home or condo development under Res zoning.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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
    Residential Lot in Oak Creek

    2241 W Grays Lane, Oak Creek, WI 53154

    $149,900
    0.46 AC lot

    0.469 acre residential lot for new construction.

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    LAND - Oak Creek, WI
    LAND - Oak Creek, WI

    Lt1 S Judith Pl, Oak Creek, WI 53154

    $209,900
    2.50 AC lot

    Land · 2.50 Acres

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    Residential Development Land
    Residential Development Land

    1453 Waukesha Rd, Caledonia, WI 53108

    $450,000
    5.26 AC lot

    Developed 5.26-acre homesite with culvert, gravel driveway, and soil test, requiring well and septic installation.

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    Rural Home Zoning Lot
    Rural Home Zoning Lot

    LT1 County Trunk U, Caledonia, WI 53108

    $549,900
    10.10 AC lot

    A 10.1-acre parcel zoned A-2 Rural Home in Racine County, described as set among open countryside.

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    Franklin, WI Residential Land & Home Lots Market Trends and Statistics

    Explore 5 residential land & home lots for sale in Franklin, WI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 462,172 square feet of properties for sale, with an estimated market value of $1,863,900.

    Sale prices for home sites in Franklin, WI start at $49,500, averaging $372,780, and reaching up to $1,200,000 — 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 property segments ranked by active listings on the market

    Commercial land 17
    Residential land & home lots 6
    Industrial land 2
    Agricultural land / Farmland 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    53132 $372.8K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Milwaukee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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