Why Live in Franklin Park
Franklin Park, located on the west side of Detroit, is a neighborhood marked by vibrant murals and a strong sense of community. The area is experiencing significant growth, with Rouge Park being a major draw due to its extensive recreational facilities, including playgrounds, splash pads, nature trails, sports courts, and an 18-hole golf course. The park also features the upcoming Brennan Recreation Center, set to open in 2024. Franklin Park's streets are lined with mature trees and a mix of cozy bungalows, colonial-style homes, and Tudor Revival houses with brick exteriors and large bay windows. Proximity to major highways like the Southfield Freeway and I-96 ensures a manageable commute to other parts of metro Detroit. The neighborhood is home to schools such as the Edward “Duke” Ellington Conservatory of Music and Art and the Communications & Media Arts High School, which is ranked among the top in Wayne County. Local amenities include the Edison Branch of the Detroit Public Library, Meijer grocery store, D-Town Farm, and Sugar Market. Dining options feature local favorites like Starter’s Bar & Grill and Olympia Coney Island. Franklin Park offers a variety of things to do, from shopping at nearby centers to enjoying the seasonal farmers' market on Joy Road. The neighborhood's tree-lined streets and diverse home styles contribute to its appeal for families and individuals alike.
Home Trends in Franklin Park, MI
On average, homes in Franklin Park, Detroit sell after 54 days on the market compared to the national average of 52 days. The median sale price for homes in Franklin Park, Detroit over the last 12 months is $73,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$73,000
Median Single Family Sale Price
$79,900
Median 2 Bedroom Sale Price
$72,900
Median 1 Bedroom Sale Price
$38,500
Average Price Per Sq Ft
$83
Number of Homes for Sale
110
Last 12 months Home Sales
219
Median List Price
$84,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
4%
