How much do homes in Franklin, MI cost?

Median List Price


Based on all homes listed in the last 12 months.

Difference Since June 2020


Key Takeaway

The list price of homes in Franklin has increased by 24.6% since last year.

Median List Price By Bedroom Count

# BEDSJun 2020Jun 2021%
1 --N/A
2 $589K$589K0.0%
3 $425K$418K-1.6%
4 $567.5K$693.2K+22.2%
5+ $1.0M$1.3M+28.4%

Median List Price Compared To Nearby Cities

Bloomfield Charter Township
Bingham Farms
Southfield Township

How many homes are available in Franklin, MI?

Number of Homes For Sale

May 2021Jun 2021%

Homes For Sale By Bedroom Count

# BEDSMay 2021Jun 2021%
1 000.0%
2 000.0%
3 710+42.9%
4 711+57.1%
5+ 47+75.0%

Average Listing Age

Jun 2020Jun 2021%
107 Days34 Days-67.8%

About Franklin, MI

There are 28 homes are for sale in Franklin, MI real estate market. The number of homes for sale in Franklin, MI increased by 55.6% between May 2021 and June 2021. The median list price of listings available in June 2021 was $669,750, while the average time on the real estate market was 34 days. Listing prices have changed in this real estate market between May 2021 and June 2021: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties did not move, the cost of 3 bedrooms properties went down by 1.6%, the cost of 4 bedrooms properties went up by 22.2%, the cost of 5 bedrooms properties went up by 28.4%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes went up by 42.9%, 4 bedrooms homes inventory increased by 57.1%, volume of 5 bedrooms homes went up by 75%.

Related Neighborhood Trend Reports