Franklin Homes under $500,000

Welcome to Franklin, Wisconsin – a charming city nestled in the heart of Milwaukee County, where suburban tranquility meets urban convenience. Known for its friendly neighborhoods and lush green spaces, Franklin offers a perfect blend of community spirit and modern amenities. With its rich history, vibrant parks, and a strong sense of belonging, it’s no wonder families and professionals alike are drawn to this delightful city.

Franklin boasts a variety of homes under $500,000, making it an ideal destination for first-time buyers, growing families, or anyone looking to invest in a thriving community. The housing market here features an array of styles, from cozy single-family homes to spacious townhouses, all set against the backdrop of beautiful landscapes. Whether you’re seeking a charming starter home or a place to grow, Franklin has something to suit every taste and budget.

Residents enjoy easy access to a wealth of amenities, including top-rated schools, local shops, and recreational facilities. The city is also home to stunning parks, such as the picturesque Franklin Woods Nature Center, where you can explore scenic trails and enjoy outdoor activities year-round. Additionally, Franklin's proximity to downtown Milwaukee ensures that you’re never far from vibrant cultural experiences, dining, and entertainment.

If you’re looking for a place that embodies the warmth of community living while offering the conveniences of city life, Franklin is the perfect choice. Explore the available homes under $500,000 and discover the charm of this wonderful city today!

Newest Franklin Homes under $500,000

$249,900

2 Beds ⋅ 2 Baths ⋅ ACTIVE WITH OFFER Status

Welcome to this stunning split-level condo in Franklin's highly desired Whitnall Park Square. This beautiful home offers a bright upper-level featuring a spacious family room, formal dining area, and a beautifully updated kitchen complete with newer cabinetry, sleek Corian countertops, and a new sink. The upper floor also holds two bedrooms, both boasting custom walk-in California Closets, alongside a full bath. Head downstairs to find a versatile lower-level featuring a second large living room and a private den that can easily convert into a 3rd bedroom. Enjoy peace of mind with major updates including Weathertight windows, a 2019 furnace, and a 2020 AC. All this with a remarkably low HOA fee of just $260 per month!

10248 W Parkedge Circle, Franklin

Listing courtesy of Homestead Realty, Inc.

$499,900

4 Beds ⋅ 2 Baths ⋅ ACTIVE WITH OFFER Status

Welcome home to this lovely 4 BR, 2 BA home filled with sunny windows, charm, real hardwood floors, and many updates! This homes comes with a 2 Car attached garage AND a versatile 900 sq. foot outbuilding which serves as the perfect workshop or secure storage for vehicles and boats. Beautifully set on a private, tree-lined 1-acre lot, this home offers the peaceful sanctuary you have been searching for while being close to shopping and dining. Enjoy the lovely yard ideal for gatherings, bonfires, hobby farming, and tapping your own mature maple trees! Did I mention you can have chickens? No HOA here! Inside, the warm living spaces welcome family and friends with comfort and charm. Combining true privacy, thoughtful spaces, and unbeatable convenience, this home is ready for its next chapter!

12312 W Mcshane Road, Franklin

Listing courtesy of Nested Real Estate LLC.

$400,000

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status

First Time Offered!! All brick ranch that sits on a sprawling (almost an acre) lot. Kitchen is very large w/loads of counter & cabinet space. HUGE Updated kitchen w/ample Raised panel Maple cabinetry ,corian counters and beautiful tiled flooring. Bay window overlooks huge rear yard. Bedrms w/hardwood floors are very spacious. One bdrm has bonus laundry hookup if needed. Bath has CT floor, shower over a jetted tub. Updated - Windows, Roof, HVAC/cooling, HWH. Appliances included. Lower level has partially finished huge rec area with pool table and a Flex Room too. The rear yard with garden already plotted out & a shed. This home is ready for the next owner to love it and enjoy it as much as the current family did. No Subdivision - so no rules!

10321 W Church Street, Franklin

Listing courtesy of First Weber Inc- Greenfield.

$475,000

5 Beds ⋅ 3 Baths ⋅ ACTIVE WITH OFFER Status

Tucked into a quiet cul-de-sac in a sought-after Franklin subdivision, this 5-bedroom, 3-bath Colonial has so much to offer! The kitchen features a center island with plenty of room to gather, while brand-new carpeting throughout gives the home a fresh feel. Storage is a standout here, with walk-in closets in nearly every bedroom! The primary suite includes its own private bath and vanity area, creating a comfortable retreat. Outside, enjoy nearly half an acre with an above-ground pool ready for summer fun. Located just minutes from Whitnall Park, The Rock Sports Complex, shopping, dining and everyday conveniences. A wonderful opportunity to make this longtime-loved Franklin home your own!

7586 Francis Court E, Franklin

Listing courtesy of Keller Williams Realty-Lake Country.

$458,900

4 Beds ⋅ 1.5 Baths ⋅ ACTIVE WITH OFFER Status

A little more privacy. A lot more to love! Welcome to 9301 S Sherwood Dr, a 4-bedroom Franklin home on a corner lot with a neighbor on just one side. Enjoy an updated kitchen with quartz countertops and abundant cabinetry, separate living and family rooms, dining area, first-floor laundry and finished rec room. Fresh carpeting upstairs and in the rec room, newer HVAC, & water heater and replaced defective window glass add comfort. Pool days in summer, fireside nights in winter! Enjoy the above-ground pool, deck and spacious backyard, then gather around the natural fireplace with completed chimney repairs when the weather turns cool. Near Southwood Glen Elementary, parks, shopping and Franklin amenities. Fresh improvements, room to spread out and year-round enjoyment. Come see what's new!

9301 S Sherwood Drive, Franklin

Listing courtesy of First Weber Inc- Greenfield.

$375,000

3 Beds ⋅ 1.5 Baths ⋅ ACTIVE WITH OFFER Status

Pride of ownership shows throughout this very well-maintained 3 bedroom, 1.5 bath ranch in desirable Franklin Estates! Situated on a massive .60 acre lot, this home offers an exceptional amount of outdoor space in a convenient location. Bright, spacious eat-in kitchen, comfortable living areas and a partially finished lower level with electric fireplace provide plenty of room to spread out. Electronic pet fence offers added convenience for dog owners. Located in the highly rated Oak Creek-Franklin School District. Fantastic location just minutes from the new Costco and all the shopping, dining and conveniences along S. 27th Street, with IKEA only about a 5-minute drive away. A solid, well-cared-for home on a hard-to-find oversized lot!

8401 S 36th Street, Franklin

Listing courtesy of Milwaukee Flat Fee Homes.

$335,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE WITH OFFER Status

Get ready to fall in love with this beautifully updated & maintained Victoria Place corner-unit condo! Coveted western exposure providing natural light & sunset views. You'll enjoy the vaulted ceilings, open floor plan, split bdrms, formal dining, living rm & family rm/den (or 3rd bdrm)! Kitchen features SS appliances, granite countertops, tile backsplash, breakfast bar & pantry. The primary suite incl walk-in closet & large bath w/deep soaking tub & separate shower, while the 2nd bdrm enjoys direct access to main bath that also serves guests from the hallway. Private entrance, balcony, attached 2-car garage & driveway make it feel like a single-family home. Furnace/AC new '21, H20 heater '24. Secluded area minutes from shopping & restaurants. A rare opportunity in a desirable community!

6716 S 34th Street, Franklin

Listing courtesy of Coldwell Banker Realty.

10180 W Whitnall Edge Circle Unit C, Franklin

$265,000

2 Beds ⋅ 2.5 Baths ⋅ ACTIVE WITH OFFER Status

Welcome home to this beautifully updated 2 bed, 2.5 bath condo in desirable Franklin! This move-in ready gem has been freshly updated, creating a bright, open feel from the moment you walk in. The spacious living and dining area is filled with natural light from a large bay window. Enjoy the convenience of main floor laundry and an attached 2-car garage, plus an unfinished basement offering endless possibilities to add your own finished living space. Situated in a sought-after Franklin neighborhood close to parks, shopping, and easy highway access while still having that private feel. Enjoy all of the condo amenities including a pool and clubhouse Schedule your showing today!

10180 W Whitnall Edge Circle Unit C, Franklin

Listing courtesy of Keller Williams-Franksville.

$309,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Move right in to this clean, well maintained 3 bedroom 2 bath, 2nd floor condo in Franklin! Located near the MKE County Sports Complex and the Oakleaf Trails you will have plenty of outdoor activities to choose from.Inside you will find real hardwood flooring, generous sized walk in closet and full bath off the master bedroom, a gas fire place to warm up to during the cold winter evenings, and access to your balcony to enjoy a cup of coffee on those cool fall mornings.Also included is a Club House that can be rented and a well maintained swimming pool close by for those hot summer days.Book your showing today!

9375 S Cobblestone Way Unit H, Franklin

Listing courtesy of First Weber Inc- Racine.

10278 W Whitnall Edge Circle Unit 204, Franklin

$179,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Welcome to Whitnall Edge Condominiums! This spacious 2-bedroom/2-bathroom second-floor unit is ready for you to move in! Updated baths, lighting, paint, and more. The kitchen offers stainless steel appliances, quartz countertops, a glass backsplash, and newer cherry cabinets. The master bedroom features a walk-in closet and master bath. The living room has plenty of light, and don't forget the dining room! Entertain or relax by the outdoor pool and clubhouse. Storage unit in the basement, one car garage, and outdoor parking space are included with the unit. Don't let this one pass you by; call today!

10278 W Whitnall Edge Circle Unit 204, Franklin

Listing courtesy of RE/MAX Preferred-Delafield.

$459,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE WITH OFFER Status

Welcome home to this spacious, one-owner, 3BR/2BA home, lovingly maintained since it was built in 1999! Enjoy new LVP flooring, updated lighting & a bright, comfortable layout. The huge eat-in kitchen features solid wood cabinetry, a large center island & plenty of gathering space. An oversized living room flows into the dining area, while the primary suite offers a private en suite bath. The large unfinished basement is ready for your ideas! Situated on a beautiful, mature yard in a wonderful subdivision & within walking distance to Froemming Park (pickelball courts, volleyball, traveling beer garden, baseball fields), Oakwood Trail, Kayla's Playground & Franklin Woods. A fantastic place to call home!

9260 S 44th Street, Franklin

Listing courtesy of Lannon Stone Realty LLC.

$469,900

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Rare Franklin Find! Nestled on a sprawling 0.98-acre lot in a premier location, this beautifully remodeled 3BR/2BA ranch offers the perfect blend of modern luxury and massive outdoor freedom. Enjoy a stunning open-concept main level featuring a chef's kitchen with quartz countertops and stainless appliances. Major high-ticket peace of mind is already taken care of with a brand-new well pump and a freshly poured concrete pad for the detached garage with laundry on the main floor. The partially finished lower level adds excellent flexible space for a home office, gym, or rec room. Incredible location close to top-rated Franklin schools, parks, and dining. Don't miss out on nearly an acre of private city living!

7315 S 48th Street, Franklin

Listing courtesy of Homestead Realty, Inc.

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