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Franklin, MI Real Estate & Property Data

Franklin Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Franklin, MI 48025. ATTOM’s Franklin real estate data is updated daily, and current market trends show that in Franklin, MI a total of 261 residential properties have sold over the past year. With a median home price of $607,950 in Franklin. Get detailed property data for Franklin, MI instantly. ATTOM is your one-stop-shop for the Franklin property reports and real estate data you need in Franklin, MI.

Franklin Real Estate Market Trends

Get property data for any address in Franklin, MI or the country:

Total Residential Properties 5,734

Total Commercial Properties 95

Avg. Home Age (Single Family Home) 64 Years

Avg. Square Feet (Single Family Home) 2,465

Total 2025 Residential Sales (year-to-date) 115

% of Homes Seriously Underwater (Q3 2025) 0.72%

Total 2024 Residential Sales 226

% of Equity Rich Homes (Q3 2025) 50.96%

Effective 2024 Property Tax 0.76%

Total Foreclosure Filings (year-to-date) 2

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Franklin, MI 48025 Real Estate Overview

There were 261 residential properties sold in the past year in Franklin, MI 48025. The median home value in Franklin, MI 48025 is $649,253. There are a total of 5,734 residential properties in the 48025.

Median Sales Price i

$607,950

(Jun 2025)

+0.1%

year-over-year

y-o-y

June '25 Jun '25 $607,950
May '25 May '25 $511,894
April '25 Apr '25 $775,000
March '25 Mar '25 $809,500
February '25 Feb '25 $465,000
January '25 Jan '25 $452,500
December '24 Dec '24 $607,000
November '24 Nov '24 $548,250
October '24 Oct '24 $557,500
September '24 Sep '24 $696,875
August '24 Aug '24 $600,000
July '24 Jul '24 $662,562

Median Down Payment i

$118,700

(Jun 2025)

-16.7%

year-over-year

y-o-y

June '25 Jun '25 $118,700
May '25 May '25 $55,200
April '25 Apr '25 $63,125
March '25 Mar '25 $48,500
February '25 Feb '25 $26,000
January '25 Jan '25 $50,000
December '24 Dec '24 $197,250
November '24 Nov '24 $102,000
October '24 Oct '24 $106,500
September '24 Sep '24 $194,650
August '24 Aug '24 $170,400
July '24 Jul '24 $140,000

Number of Homes Sold i

29

(Jun 2025)

+7.4%

year-over-year

y-o-y

June '25 Jun '25 29
May '25 May '25 22
April '25 Apr '25 20
March '25 Mar '25 18
February '25 Feb '25 15
January '25 Jan '25 11
December '24 Dec '24 11
November '24 Nov '24 22
October '24 Oct '24 24
September '24 Sep '24 14
August '24 Aug '24 33
July '24 Jul '24 15

Number of Purchase Loans i

17

(Jun 2025)

-5.6%

year-over-year

y-o-y

June '25 Jun '25 17
May '25 May '25 16
April '25 Apr '25 12
March '25 Mar '25 14
February '25 Feb '25 11
January '25 Jan '25 10
December '24 Dec '24 9
November '24 Nov '24 16
October '24 Oct '24 19
September '24 Sep '24 13
August '24 Aug '24 22
July '24 Jul '24 10

Number of REFI Loans i

10

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 10
May '25 May '25 10
April '25 Apr '25 7
March '25 Mar '25 7
February '25 Feb '25 10
January '25 Jan '25 7
December '24 Dec '24 12
November '24 Nov '24 18
October '24 Oct '24 22
September '24 Sep '24 10
August '24 Aug '24 6
July '24 Jul '24 6

Number of HELOC Loans i

13

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 13
May '25 May '25 15
April '25 Apr '25 11
March '25 Mar '25 11
February '25 Feb '25 4
January '25 Jan '25 12
December '24 Dec '24 10
November '24 Nov '24 5
October '24 Oct '24 15
September '24 Sep '24 9
August '24 Aug '24 7
July '24 Jul '24 2

Franklin, MI 48025 Real Estate Market Overview

Last 30 days

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Franklin, MI 48025 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 1
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 1

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 1
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 1

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1

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