The median home value in Franklin, MI is $695,000. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Franklin, MI is $695,000. Approximately 90.3% of Franklin homes are owned, compared to 6.47% rented, while 3.24% 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 has a population of 2,790. Franklin is more family-centric than the surrounding county with 37.52% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Franklin, Michigan is $155,703. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Franklin is 46.1 years.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 32.4 inches per year, with 36.4 inches of snow per year.