48025 Real Estate Market

48025 Market

The median sale price for homes in 48025 over the last 12 months is $200,000.


The median mortgage debt is $225,250.

Additional Statistics for Single Family Homes and Condos in Franklin, MI
$349,680
Median Listing Price
32
Median Days on Market
93
Active Listings
9.7%
Distressed Listings
(foreclosures and short sales)
48025 (Franklin, MI) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Franklin is $354,950. The list prices increased by 1.7% from the previous month.

The price per square foot for listings in this area is $166.

The median sale price in December for single family homes is $255,049. The sale prices increased by 34.19% from the previous month.

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48025 (Franklin, MI) Market Inventory Trends

The number of active listings in Franklin increased by 8.9% from the previous month.

The median number of days active properties have been listed is 35. This is significantly shorter than the national average.

The number of sales in December dropped by 72.7% from the previous month.

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48025 (Franklin, MI) Property Ownership

The percent of owner occupied properties in Franklin is 23.13% above the national average.

The percent of rental properties in Franklin is 13.39% below the national average.

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