Why Live in Franklin
Franklin Village, a quaint rural suburb in Oakland County, is renowned for its elegant homes and community-centric atmosphere. The neighborhood is home to the seasonal Franklin Cider Mill and the historic Franklin Grill, drawing visitors for their unique charm. The area has become more walkable following a recent sidewalk project, making it easier to explore the boutique stores and local attractions downtown. Franklin Village offers a pastoral lifestyle with grand estates featuring modern and Tudor architectural styles, many with private amenities like poolside patios and tennis courts. The neighborhood is zoned for the highly rated Birmingham Public School district, including Pierce Elementary School, Derby Middle School, and Seaholm High School, all known for their strong academic performance. Esteemed private schools such as Detroit Country Day and Cranbrook Schools are also nearby. Residents enjoy numerous community events, including block parties and a Farmers Market held at the local gazebo. Beverly Hills Village Park offers recreational activities with tennis courts, a walking path, and sledding hills. The Franklin Historic District, known as “The Town that Time Forgot,” features small-town shops and rustic charm. Local dining options include the Franklin Grill and Madeleine's French Patisserie and Market, while the Meijer department store is just three miles away for grocery needs. Franklin Village is safer than the national average, providing a secure environment for its residents.
Home Trends in Franklin, MI
On average, homes in Franklin, MI sell after 56 days on the market compared to the national average of 50 days. The median sale price for homes in Franklin, MI over the last 12 months is $921,250, up 21% from the median home sale price over the previous 12 months.
Median Sale Price
$921,250
Median Single Family Sale Price
$955,000
Average Price Per Sq Ft
$323
Number of Homes for Sale
15
Last 12 months Home Sales
44
Median List Price
$975,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
21%