Section Image

Franklin

Franklin

Located in Oakland County

$932,578 Average Value
$331 Average Price per Sq Ft
17 Homes For Sale

If you live anywhere near Oakland County, then you’re familiar with the Franklin Cider Mill and the Franklin Grill. And if you’re not, you’re going to want to be familiar. Known for its elegant and stately homes, Franklin Village is a quaint, rural suburb of Oakland County that draws visitors from all over to the seasonal cider mill and apple orchard. They also come to dine in the 18th-century carriage shop that is the Franklin Grill and to shop at the quaint boutique stores that line downtown Franklin.

“After a three-year sidewalk project, the area is very walkable,” says Terri Cooper, who has owned Village Boutique Franklin for nine years. “They put sidewalks throughout so walking in the area and downtown is much easier.” Cooper says the downtown shop owners share a camaraderie and eagerly welcome any new businesses. She also says she’s noticed more younger residents enjoying the many community activities that are held in Franklin and downtown Franklin. “There are block parties and there’s a gazebo where we have our Farmers Market every Sunday and also where a lot of community events are held,” says Cooper, whose shop specializes in women’s clothing and accessories – some locally made.

Founded in 1825, Franklin offers pastoral living, with many of its estates existing on acres of land. From the Franklin Historic District, annual community events and proximity to the Franklin Hills Country Club, the village has earned the reputation as a charming place to settle down. The grandiose estates of Franklin Village promote luxurious living with -modern and enticing Tudor architectural styles. Homes here are fit for royalty, with upper-level walkways, dramatic views of lush greenery and acres of private yards. Many homes have their own poolside patios and tennis courts. The homes differ vastly from one another and are perfect for hosting dinner parties or simply lounging in your own personal spa or fitness room. The single-family homes range in price from about $300,000 to $7 million.

Franklin Village is zoned for the neighboring Birmingham Public School district – which operates 14 schools. Niche ranks the district as No. 5 of 557 Michigan districts. Pierce Elementary School is known for its overall high test scores and Derby Middle School is recognized for its continuing improvement, while Seaholm High School has earned a reputation for being a great school for college preparation – ranking far above the state average in key measures of college and career readiness. Additionally, the village also is near esteemed private schools like Detroit Country Day and Cranbrook Schools, which offer top-notch education with a focus on holistic development.

Beverly Hills Village Park in Franklin is known for having one of the best sledding hills in Oakland County. The Franklin Community Association owns and maintains four acres of green space in the heart of Franklin Village. The park property includes two tennis courts, a large gazebo, a walking path, and two baseball and softball fields. FCA membership dues help pay for the mowing, upkeep, beautification, and insurance of Franklin Community Park
The Franklin Historic District is known as “The Town that Time Forget," and will delight you with its small-town, local shops and rustic feel. The Franklin Public Library will tell you all you need to know about this rural suburb.

Down Main Street, you’ll find quaint shops, historic architecture and the Annual Summer Block Party. Stop on into Franklin Grill, located in an 18th-century carriage shop and eat a meal on their beautiful garden patio. Stop by Madeleine's French Patisserie and Market and enjoy decadent European pastries. Update your wardrobe at Cooper’s Village Boutique. Located just out of the neighborhood is Franklin Cider Mill, a family-owned mill that dates back to the 1830s and is popular for its apple cider and donuts. For groceries, in addition to smaller markets, the Meijer department store is just three miles away.

Eric Lynch
Photography Contributed By
Eric Lynch

Interested in learning more about homes in this area? Reach out to Linda Wells, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Franklin Housing Trends

Housing Trends

Median List Price
$975,000
Median Sale Price
$921,250
Median Single Family Sale Price
$955,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
46
Median Home Sale Price YoY Change
31%
Average Price Per Sq Ft
$331

Neighborhood Facts

Number of Homes for Sale
17
Months of Supply
4.40

Open Houses

  • Sunday, Jul 13
    1 - 3pm

    26311 W 14 Mile Rd, Franklin, MI 48025

    $849,000

    • 4 Beds
    • 2.5 Baths
    • 2,953 Sq Ft
    • 26311 W 14 Mile Rd
    • New 2 days ago

    Located just steps from the heart of Franklin Village and across from the iconic Franklin Cider Mill, this 4-bedroom, 2.1-bathroom Colonial offers 2,953 sq ft of bright, contemporary living on a lush .45-acre lot. Nestled among mature trees and landscaped grounds, the home sits adjacent to the Franklin Historic District and offers a rare combination of privacy and walkable convenience.Walk in

    Connie Werner KW Domain

    Section Image
  • Sunday, Jul 13
    12:30 - 2:30pm

    24596 Riverwood Dr, Franklin, MI 48025

    $1,549,000

    • 4 Beds
    • 4.5 Baths
    • 4,324 Sq Ft
    • 24596 Riverwood Dr
    • New 30 days ago

    This stunning home with a first floor primary suite in the heart of Franklin is perfectly situated on 1.71 wooded and serene acres, offering an ideal blend of luxury, comfort, and privacy. With 4 bedrooms and 4.1 baths, the home features a formal living room with a cozy gas fireplace, a sunroom drenched in natural light, and a welcoming family room with custom built-ins by Perspectives. The

    Cindy Obron Kahn The Agency Hall & Hunter

    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Franklin Has More Owners

Demographics

Total Population
3,064
Median Age
48
Population under 18
22.2%
On par with the national average
23.8%
Population over 65
23.4%
On par with the national average
19.1%

Finances

Median Household Income
$177,153
Significantly above the national average
$71,702
Average Household Income
$193,605

Education and Workforce

High School Graduates
98.4%
College Graduates
78.1%
Significantly above the national average
34.1%
Advanced Degrees
46.8%
Significantly above the national average
13.3%
% Population in Labor Force
56.3%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
15°F
Average Summer High Temperature
81°F
Annual Snowfall
18''

Area Factors

Somewhat Bikeable

Bike Score®®

31 / 100

Car-Dependent

Walk Score®®

17 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Franklin