Franklin Real Estate

Franklin, Michigan is one of Metro Detroit’s most exclusive and historic residential communities, known for its scenic landscapes, large wooded lots, and preserved historic charm. Located in southern Oakland County near Bloomfield Hills and Birmingham, Franklin offers a tranquil, low-density lifestyle that appeals to buyers seeking privacy, elegance, and architectural distinction.

The housing market in Franklin features a mix of luxury estates, custom-built homes, and historic properties, many with expansive grounds and mature trees. Homes often reflect high-quality craftsmanship and timeless design, making Franklin a premier destination for buyers who value character, privacy, and long-term property value.

Residents enjoy a strong sense of community, excellent access to Birmingham Public Schools, and proximity to Metro Detroit’s business corridors, cultural amenities, and high-end shopping and dining. Franklin’s combination of rural tranquility and convenient location creates a unique living experience in Oakland County.

Buyers are drawn to Franklin for its estate-style properties, privacy, and quiet streets, which contrast with the more densely developed suburban neighborhoods nearby. Inventory is limited, and demand remains steady due to the community’s unique prestige and exclusivity.

Whether buying or selling in Franklin, success requires careful attention to pricing, positioning, and marketing, as well as a clear understanding of the neighborhood’s historic and luxury appeal.

If you are considering a move to Franklin or evaluating your home’s market value, a detailed analysis can help guide strategic decisions and ensure a confident, data-driven approach to buying or selling.

Franklin - Town vs. County Stats

Avg Price in Franklin: $1,611,700 / County Avg $642,300

251%

Avg Taxes in Franklin: $18,900 / County Avg $7,100

267%

Avg Sq. Ft. in Franklin: 4,394 / County Avg 2,140

205%

Avg Price per/sqft in Franklin:$367 / County Avg $300

122%

Avg Year Built in Franklin: 1973 / County Avg 1977

100%

Avg Days on Website in Franklin: 82 / County Avg 66

124%

Franklin Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales