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Franklin Real Estate Overview

Today, December 21, 2009

Market View for Franklin

Info
Avg. Listing Price $719,251 Wk ending Dec 08
-$23,850
-3.2%
w-o-w
Median Sales Price $225,000 Sep '09 - Nov '09
-$35,000
-13.5%
y-o-y
76Homes For Sale 0Open Homes
27Recently Sold 16Foreclosures

Market Trends for Franklin

Embed Info
Listing price – Franklin
Average Listing Price
$719,251
-3.2%
w-o-w
Median Sales Price
$225,000
-13.5%
y-o-y
Average price/sqft
$103
-12%
y-o-y
Number of Sales
11
+0%
y-o-y
More Franklin Market Trends
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Home Prices for Oakland County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Dec 8
 
w-o-w

48009
$623,100
-0.3%
48067
$176,912
+0.2%
48073
$142,524
-1.1%
48220
$99,831
+0.1%
48306
$474,336
-1.2%
 
Movers & Shakers
Avg. listing price
Week ending Dec 8
 
w-o-w

48321
$91,546
+463.4%
48205
$36,189
+18.1%
48218
$36,923
+9.1%
48215
$164,586
-9.1%
48326
$304,660
-7.9%
 
View Oakland County Home Prices Map
 

Franklin Summary

Average price per square foot for Franklin MI was $103, a decrease of 12% compared to the same period last year. The median sales price for homes in Franklin MI for Sep 09 to Nov 09 was $225,000 based on 11 home sales. Compared to the same period one year ago, the median home sales price decreased 13.5%, or $35,000, and the number of home sales increased 0%.

There are currently 76 resale and new homes in Franklin on Trulia, including 16 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Franklin MI was $719,251 for the week ending Dec 08, which represents a decrease of 3.2%, or $23,850, compared to the prior week.

 

Schools in Franklin

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Public School District Of Birmingham
Public
K - 12
13
8,045
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Beverly Elementary School
Public
PK - 5
Bingham Farms Elementary School
Public
K - 5
Berkshire Middle School
Public
6 - 8
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Franklin Schools
 

Community Info for Franklin

Info
More Franklin Community Info

Homes for Sale in Franklin

31235 Woodside Drive, Franklin MI
31235 Wood…
$2,675,000
5 br  5 full 3 partial ba
24670 South Cromwell Drive, Franklin MI
24670 S Cr…
$194,900
2 br  2 ba
29855 Forest Drive, Franklin MI
29855 Fore…
$969,000
4 br  4 full 2 partial ba
32955 Chatham Lane, Franklin MI
32955 Chat…
$188,900
3 br  2 ½ ba
27231 West 14 Mile Road, Franklin MI
27231 W 14…
$235,000
3 br  2 ba
26296 Franklin Court, Franklin MI
26296 Fran…
$375,000
4 br  3 full 3 partial ba
View all Franklin Homes for Sale
 
Stats & Trends
Franklin

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 48025
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Nearby Cities

Cities
Median
sales price
Average
listing price
Beverly Hills
$197,250
$278,402
Bingham Farms
$275,000
$592,251
Bloomfield Township
$1,568,500
$799,900
Bloomfield Hills
$211,863
$1,064,074
Bloomfield
$265,000
$653,610
Lathrup Village
$85,000
$136,997
Local Spotlight
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Advice

Recent Q&A in Franklin, MI

Q: I have never seen anyone walking a dog in Franklin, west of Telegraph bet. 12/13 mile Rd. Any reason why? 2 answers
Q: I put an offer on a short sale property back in November. My husband and I decided to end our relationship with our agent and we have not been able 3 answers
Q: How do I qualify for a new loan if my house hasn't sold yet? 4 answers
Q: Iam trying to purchase a foreclosure without a furnace or hot water heater. how expensive would that be? 3 answers
Q: this is our first time buying a home , we need advise, is it a good time to buy or rent? if buy is what you would say, I'm loving this home 3796 9 answers

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More Advice:
  • Recent Q&A in Franklin, MI
  • Recent blog posts in Franklin, MI
  • Find a real estate professional Franklin, MI

Nearby Cities Real Estate

  • Beverly Hills Real Estate
  • Bingham Farms Real Estate
  • Bloomfield Township Real Estate
  • Bloomfield Hills Real Estate
  • Bloomfield Real Estate
  • Lathrup Village Real Estate

Nearby Cities Sold Homes

  • Beverly Hills Sold Homes
  • Bingham Farms Sold Homes
  • Bloomfield Township Sold Homes
  • Bloomfield Hills Sold Homes
  • Bloomfield Sold Homes
  • Lathrup Village Sold Homes

Nearby Cities Home Prices

  • Beverly Hills Home Prices
  • Bingham Farms Home Prices
  • Bloomfield Township Home Prices
  • Bloomfield Hills Home Prices
  • Bloomfield Home Prices
  • Lathrup Village Home Prices

Franklin Stats & Trends

  • Franklin Market Trends
  • Franklin Schools
  • Franklin Community Info
  • Franklin Home Prices
  • Franklin Real Estate
  • Franklin Recently Sold Homes

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Franklin real estate—use Trulia to find real estate in Franklin as well real estate in other cities in Michigan. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Franklin real estate trends, market activity, and neighborhood information. Before buying a house in Franklin, research real estate on Trulia. Understanding the Franklin real estate market is your first step to buying a home in Franklin, Michigan. Our real estate guide gives your a valuable overview of the Franklin real estate market—find Franklin properties, sales statistics, real estate price trends, real estate market activity, comparisons of Franklin schools or Michigan schools, and general demographic information for Franklin, MI. Trulia's real estate guide combines a Franklin map with a detailed list of Franklin neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Franklin.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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