Franklin, MI 48025 Real Estate & Property Data
Last Updated: April 26, 2024
A total of 253 residential properties have been sold over the past 12 months in 48025. With a median sales price of $485,500 in 48025. Discover market trends and get the granular level real estate data for Franklin, MI 48025 to keep your pulse on the housing market. Curate compelling home reports for Franklin, MI 48025 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 5,728
Total Commercial Properties 95
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 2,458
Total 2024 Residential Sales (year-to-date) 23
% of Homes Seriously Underwater (Q2 2024) 0.93%
Total 2023 Residential Sales 240
% of Equity Rich Homes (Q2 2024) 47.95%
Effective 2023 Property Tax 0.82%
Total Foreclosure Filings (year-to-date) N/A
Franklin, MI 48025 Real Estate Overview
There were 253 residential properties sold in the past year in Franklin, MI 48025. The median home value in Franklin, MI 48025 is $567,877. There are a total of 5,728 residential properties in the 48025.
Median Sales Price i
$485,500
(Feb 2024)
+34.9%
year-over-year
y-o-y
- February '24 Feb '24 $485,500
- January '24 Jan '24 $454,750
- December '23 Dec '23 $477,000
- November '23 Nov '23 $447,500
- October '23 Oct '23 $560,000
- September '23 Sep '23 $595,000
- August '23 Aug '23 $535,000
- July '23 Jul '23 $492,000
- June '23 Jun '23 $627,500
- May '23 May '23 $515,000
- April '23 Apr '23 $543,500
- March '23 Mar '23 $608,000
Median Down Payment i
$36,522
(Feb 2024)
-47.8%
year-over-year
y-o-y
- February '24 Feb '24 $36,522
- January '24 Jan '24 $83,250
- December '23 Dec '23 $107,500
- November '23 Nov '23 $88,500
- October '23 Oct '23 $108,500
- September '23 Sep '23 $97,500
- August '23 Aug '23 $89,000
- July '23 Jul '23 $46,437
- June '23 Jun '23 $112,800
- May '23 May '23 $55,000
- April '23 Apr '23 $30,000
- March '23 Mar '23 $135,000
Number of Homes Sold i
11
(Feb 2024)
year-over-year
y-o-y
Number of Purchase Loans i
7
(Feb 2024)
-36.4%
year-over-year
y-o-y
Number of REFI Loans i
9
(Feb 2024)
+125%
year-over-year
y-o-y
Number of HELOC Loans i
8
(Feb 2024)
-20%
year-over-year
y-o-y
Franklin, MI 48025 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Franklin, MI 48025 Foreclosure Activity
Total Foreclosure Filings i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 1
- November '23 Nov '23 N/A
- October '23 Oct '23 1
- September '23 Sep '23 1
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 1
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
Foreclosure Starts i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 1
- November '23 Nov '23 N/A
- October '23 Oct '23 1
- September '23 Sep '23 1
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 1
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
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