Franklin Real Estate
1 neighborhoods and communities
Active listings 18
Sold (past 12mo) 54
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Condo Communities(1)
Frequently Asked Questions about Franklin
How many homes are for sale in Franklin?
Buyers in Franklin can choose from 18 active listings. The median asking price is $865,750.
How much do homes cost in Franklin?
Based on 54 sales in the past year, homes in Franklin have a median price of $865,750.
How long do homes stay on the market in Franklin?
Over the past year, homes in Franklin spent an average of 61 days on market before selling.
What areas make up Franklin?
Franklin has 1 distinct neighborhood and condo community. Of these, 1 is a condo community.
What schools are in Franklin?
Multiple school districts may serve Franklin. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Franklin?
Franklin is currently a balanced market, with 4.0 months of supply. That ratio comes from 18 active listings relative to 54 sales per year.
How much are property taxes in Franklin?
Property taxes in Franklin are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Franklin market brief — by email.
New listings, sold comps, and muni beat recaps. One email a week.
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