Why Live in Franklin Park
Franklin Park, located in Sylvania Township of Toledo, offers a country-like atmosphere with tree-lined streets and well-kept lawns. The neighborhood features a mix of older homes and new builds, including bungalows, ranch-style homes, Tudor cottages, and Spanish-influenced estates. Home lot sizes range from an eighth to a third of an acre. The area is known for its highly rated schools, including Hill View Elementary School, Sylvania Arbor Hills Junior High School, and Southview High School, which offer a variety of career technical programs. Franklin Park Mall, the only mall in Toledo, provides numerous things to do with over 160 stores, restaurants, a movie theater, and an arcade. Dining options range from chain restaurants like Olive Garden to fine dining at J. Alexander's. The neighborhood is also home to Wildwood Preserve Metropark, featuring scenic trails, a playground, and a nature center, as well as the R. A. Stranahan Arboretum and Westwood Park. Safety in Franklin Park is comparable to the national average, and the area benefits from nearby Mercy Health St. Anne Hospital. Conveniently, I-475 runs through the community, providing easy access to downtown Toledo, 8 miles away, and Toledo Express Airport, 17 miles away. Public transportation is available via the Toledo Area Regional Transit Authority (TARTA).
Frequently Asked Questions
Is Franklin Park a good place to live?
Franklin Park is a good place to live. Franklin Park is considered car-dependent and somewhat bikeable. Franklin Park is a suburban neighborhood. Franklin Park has 6 parks for recreational activities. It is fairly sparse in population with 4.9 people per acre and a median age of 43. The average household income is $77,972 which is below the national average. College graduates make up 29.2% of residents. A majority of residents in Franklin Park are home owners, with 34.6% of residents renting and 65.4% of residents owning their home. A
local real estate agent serving Franklin Park can help you decide if this neighborhood is the right one for you. Learn more on our
Franklin Park neighborhood guide.
How much do you need to make to afford a house in Franklin Park?
The median home price in Franklin Park is $209,900. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $45K a year to afford the median home price in Franklin Park. The average household income in Franklin Park is $78K.
What are the best public schools in Franklin Park?
The best public schools that serve Franklin Park are:
What are the best private schools in Franklin Park?
The best private schools that serve Franklin Park are:
- St. Ursula Academy has an A Niche grade, a student teacher ratio of 12:1 and an average review score of 4.5.
- Notre Dame Academy has an A Niche grade, a student teacher ratio of 11:1 and an average review score of 4.3.
- Toledo Islamic Academy has an A Niche grade, a student teacher ratio of 7:1 and an average review score of 3.5.
What are the most popular zip codes in Franklin Park, Sylvania Township, OH?
What are the most popular neighborhoods near Franklin Park, Sylvania Township, OH?
Home Trends in Franklin Park, OH
On average, homes in Franklin Park, Sylvania Township sell after 48 days on the market compared to the national average of 52 days. The median sale price for homes in Franklin Park, Sylvania Township over the last 12 months is $206,000, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$206,000
Median Single Family Sale Price
$212,802
Median Townhouse Sale Price
$265,000
Median 2 Bedroom Sale Price
$150,250
Average Price Per Sq Ft
$142
Number of Homes for Sale
35
Last 12 months Home Sales
221
Median List Price
$209,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%
