The median home value in Franklin, MI is $406,700. This is higher than the county median home value of $248,100. The national median home value is $219,700. The average price of homes sold in Franklin, MI is $406,700. Approximately 87.24% of Franklin homes are owned, compared to 9.74% rented, while 3.02% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!
Franklin, Michigan 48025 has a population of 10,424. Franklin 48025 is more family-centric than the surrounding county with 40.01% of the households containing married families with children. The county average for households married with children is 33.38%.
The median household income in Franklin, Michigan 48025 is $111,765. The median household income for the surrounding county is $73,369 compared to the national median of $57,652. The median age of people living in Franklin 48025 is 44.8 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 33 inches per year, with 36.2 inches of snow per year.