Why Live in Franklin
Franklin, MI, is a quaint rural suburb in Oakland County known for its elegant homes and charming downtown area. Visitors and residents alike enjoy the seasonal Franklin Cider Mill and the Franklin Grill, housed in an 18th-century carriage shop. The downtown area features boutique stores, including Village Boutique Franklin, and hosts community activities such as block parties and a Farmers Market every Sunday at the gazebo. Founded in 1825, Franklin offers pastoral living with grand estates on acres of land, showcasing modern Tudor architectural styles. Homes often feature luxurious amenities like poolside patios, tennis courts, and private yards. Franklin Village is zoned for the Birmingham Public School district, which includes highly rated schools such as Pierce Elementary School, Derby Middle School, and Seaholm High School. Nearby private schools like Detroit Country Day and Cranbrook Schools also offer top-notch education. Beverly Hills Village Park is a local highlight with sledding hills, tennis courts, and baseball fields. The Franklin Historic District, known as "The Town that Time Forgot," offers small-town charm with local shops and rustic architecture. Main Street features quaint shops, historic buildings, and the Annual Summer Block Party. Dining options include Franklin Grill and Madeleine's French Patisserie and Market, while grocery shopping is convenient with Meijer just three miles away. Franklin is a walkable area with sidewalks throughout, making it easy to explore the community's many attractions and things to do.
Home Trends in Franklin, MI
On average, homes in Franklin, MI sell after 32 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin, MI over the last 12 months is $650,000, down 56% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$650,000
Average Price Per Sq Ft
$394
Number of Homes for Sale
1
Last 12 months Home Sales
7
Median List Price
$1,185,000
Median Change From 1st List Price
-9%
Median Home Sale Price YoY Change
-56%
