The median home in Franklin, Michigan is valued at $844,867, up 5.1% year over year. Franklin is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Detroit-Warren-Dearborn, MI stress score, crash risk, and 12-month forecast →
Home Value$844,867
+5.1%
AFFORDABILITY6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Franklin.
$168,973 on $844,867
Out of reach — 87.8% of income
Need $235,286/yr to afford.
PITI$5,490
P/I87.8%
Afford$269K
Gap-$576K
P&I $4,272Tax $1,084Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Detroit-Warren-Dearborn, MI analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.
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