“Process was smooth and easy, everything went well would definitely would recommend.”
EXP Realty
- Agent Pronto
- Michigan
- Franklin
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Franklin real estate Market Report.
Information and statistics on the latest trends in the Franklin real estate market. *
Latest Rolling 3-Month Snapshot
Mar 1, 2026 - May 31, 2026
Median sale price
$963K
-16%
from
Q1 '26
Median list price
$991K
-12%
from
Q1 '26
Active listings
28
+27%
from
Q1 '26
Homes sold
18
+157%
from
Q1 '26
New pendings
19
+46%
from
Q1 '26
New listings
22
+57%
from
Q1 '26
Quarterly Pricing Trends for Franklin
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Franklin
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Franklin
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Franklin
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Franklin
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Franklin
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
15
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).
Inventory in Franklin has expanded while homes are still moving quickly in this rolling three-month view through May 2026. Active listings are up nearly 49% year over year, and new listings have climbed about 59%, giving buyers more options than a year ago. Even with this growth, the market gauge still indicates a seller’s market.
Contract activity has accelerated alongside this additional supply. Homes sold are up about 84% compared with a year earlier, and pending sales have risen nearly 60%, showing that buyers are actively writing offers. Typical days on market have dropped to 17, falling about 48% year over year, which signals that well-priced homes are not staying available for long.
Pricing has softened slightly even as activity has picked up. The typical home value over the period is about $963,000, down around 4% from a year ago, and the median list price is almost flat year over year, edging lower by about 0.1%. At the same time, roughly 45% of recent sales closed above list price and the average sale-to-list ratio is near 99%, suggesting sellers still hold meaningful leverage when a home is positioned correctly. Whether you are a buyer trying to navigate fast-moving inventory or a seller aiming to price strategically, Agent Pronto can connect you with a local Franklin agent who understands these trends.
Learn more about what Franklin has to offer.
Franklin offers residents a welcoming, small-town atmosphere with vibrant community life, cozy locally owned shops, abundant green spaces, and a peaceful lifestyle with easy access to nearby amenities.
Franklin stands out from nearby communities like Birmingham and Farmington Hills with its preserved village core, one-acre lot tradition, and genuine small-town rhythm. Tree-lined lanes, historic homes, and a quiet commercial center give it a rural feel, yet you are minutes from Southfield employment hubs and regional shopping.
Life here revolves around local institutions and gatherings. The Franklin Community Center & Village Offices host events that keep neighbors connected, while outdoor time often means a visit to Franklin Community Park or the nearby Rouge River corridor. Families value access to respected schools such as Franklin High School and nearby Seaholm High School, along with the resources at Franklin Public Library.
Local flavor shows up in the iconic Franklin Cider Mill and long-standing small businesses in the village center. Housing options range from mid-century ranches to substantial custom homes tucked into quiet cul-de-sacs, attracting both long-term residents and newcomers seeking calm close to Oakland County amenities.
In a market this specific, timing and preparation matter. Whether you are planning to buy into Franklin’s distinctive character or position your home to stand out, the right guidance can make all the difference. Agent Pronto connects you with an agent who understands Franklin’s nuances and can help both buyers and sellers move confidently.
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“Natasha's patience, commitment, communication, and drive, to make sure I found a home I would love and feel safe is the biggest attributes. I worked with Natasha to find a house for over a year. during this time, I never once felt like a burden or felt like she was giving up on me at all, she yet made me feel like I still was one of her most important clients and that I was still being prioritized. I am extremely grateful for all of Natasha's hard work and I would recommend her to everyone who is looking to buy a house.”
Bellabay Realty Tri-Counties
“Wonderful human, great to work with!!!”
Keller Williams KW Showcase Realty
“Katherine Schaumburger and her team performed with very effeciently and professionally after I listed our home with them> My circumstance was unique in that I moved out of state shortly after I signed on to have the Schaumburger Team handle the selling of our home. Everything was handled long distance and with my well being in mind! The end resulted in the successful selling of our home and receiving a far better end result than I had anticipated! I would whole heartedly recommend the Schaumburger organizion for any Real Estate transaction! Sincerely. Dan Hallgren”
eXp Realty
“Mark is very straightforward. He knows the ropes and gets right to business. Always very responsive and honest.”
Hearthstone Realty Group
“You led me to Sam Masteller and HE is an angel!”
Berkshire Hathaway Home Services
“The tour was easy to use and we were super satisfied with Renee.”
Cedarwood Realty
“Dorsett was quick to reach out to us . They worked with us and our situation vs we needed to bend to rules. Very refreshing and things moved quickly.”
Dorsett Brokerage Development & Mgt Group LLC
“Diane was always helpful and kept me informed at all times. I could not have had a better experience. She always was in touch with me and still is after the sale.”
Keller Williams Premier
“Agent Pronto referred me to an excellent real estate agent who provided professional service and found a buyer within one week. I didn't have one issue that required a resolution with Agent Pronto's services.”
Howard Hanna Real Estate Services Howard Hanna Real Estate
“Mike Sobh is an excellent salesman, and l would recommend him to sell any property. If you listen to his advice, he will guide you through the process. ”
RE/MAX leading edge
“Jolie is a great agent. Was on top of things and returned my texts fast. The process was smooth because she made it that way. Loved working with her! She undestood exactly what I was looking for. I would def recommend her.”
Keller Williams Realty
“Agent Pronto set us up with Todd Swenson, who is an excellent real estate professional to act as our buying agent. He was very professional, knowledgeable, friendly. He devoted his time to our needs and found a great new home.”
National Realty Centers, Inc.
“Peggy was instrumental in the sale of my condo. Her knowledge of the property was invaluable, and she was able to get an offer before we even had the property listed. She is VERY attentive to detail and made the process of selling far more tolerable.”
Keller Williams Showcase Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Franklin. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Franklin Realtor® or real estate agent today.
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