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Median sale price
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Franklin, MI: housing market trends

The median home sale price in Franklin, MI was $898,572 for the three-month period ending September 2026. Sale prices were 28.8% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$898,572
three-month period ending September 2026
Median sale price per sq ft
$240.13
three-month period ending September 2026
Active listings
34
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 34 active listings for the three-month period ending September 2026. Active listings were 30.8% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 28 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Franklin, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$898,572$240.1315
Single-familySeptember 2026$898,642$236.7913
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$1,038,643$408.862 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Franklin, MI
MarketMedian sale priceReporting period / source
Bingham Farms, MI$659,1863 months ending September 2026 · Redfin
Beverly Hills, MI$597,2163 months ending September 2026 · Redfin
Southfield, MI$217,500Month ending July 2026 · Zillow
Lathrup Village, MI$299,8573 months ending September 2026 · Redfin
West Bloomfield, MI$425,000Month ending July 2026 · Zillow
Farmington Hills, MI$375,000Month ending July 2026 · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Franklin, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$898,572$240.1334
August 2026$917,500$242.0638
July 2026$925,000$261.6732
June 2026$962,500$251.9635
May 2026$963,250$257.2227
April 2026$1,212,500$251.9425
March 2026$1,150,000$312.3321
February 2026$1,075,000$227.7014
January 2026$910,000$231.5614
December 2025$882,500$277.0521
November 2025$896,250$278.6521
October 2025$865,750$280.7426
September 2025$697,500$253.6526
August 2025$972,000$253.5629
July 2025$988,000$260.3225
June 2025$1,204,500$259.6125
May 2025$999,419$252.1319
April 2025$999,419$252.1315
March 2025$1,100,000$300.3813
February 2025$810,000$268.8218
January 2025$810,000$278.8020
December 2024$695,000$233.9326
November 2024$700,000$233.9331
October 2024$700,000$226.9934

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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