Welcome to the Franklin Michigan Real Estate page. If you are looking for homes for sale in Franklin, you’ve come to the right place! Below you will city information, school data, and or course Franklin Real Estate. The blue button below will link you to homes for sale in Franklin, or read on below to learn more about this Oakland County city. I hope you find this page helpful, and of course, feel free to contact me anytime!
Franklin Village, named after Benjamin Franklin, is a historic community located in south-eastern Oakland County. With a population just over 3,000, Franklin is known to be an affluent community with large estate sized homes and quaint downtown historic area.
The village is 2.66 square miles in size with no major lakes, but many ravines & streams. There are several historic markers through-out Franklin, including it being a stop on the underground railroad.
Franklin is perhaps best known for the Franklin Cider Mill, which has been around since Michigan became a state in 1837. The cider mill is located on the corner of 14 mile & franklin roads, and is open from Labor Day – Thanksgiving.
Franklin does have its own fire department which houses 1 fire chief and 1 full-time fire fighter. The remainder of the fire house are volunteers. The fire department services Franklin, Bingham, and Southfield Twp. Franklin & Bingham also share a police department which employee’s 10 full-time offices and 7 reserve.
Franklin school children attend the Birmingham Public School District.
For more information on the village of Franklin, visit their website at http://www.franklin.mi.us
Property Taxes in Franklin Village are calculated at a rate of 40 Mils for principal residences and 48 Mils for Non Principal.
This means you will pay $40-$48 per $1000 of taxable value.
For more information on how property taxes work in Michigan please reference my blog post —> How Do Property Taxes Work in Michigan
Franklin Real Estate
Average Sold Price per Square Foot Historically
Franklin, 2005 = $177
Franklin, 2006= $183
Franklin, 2007 = $179
Franklin, 2008 = $137
Franklin, 2009 = $100
Franklin, 2010 = $107
Franklin, 2011 = $123
Franklin, 2012 = $139
Franklin, 2013 = $160
Franklin, 2014 = $173
Follow weekly market updates on our blog; OAKLAND COUNTY REAL ESTATE BLOG
This information is brought to you by Franklin Real Estate agent Margo Borkin. Data compiled using RealComp, The realtors MLS. Margo Borkin is a memeber of the National Association of Realtors & the Greater Metropolitan Assocation of Realtors.