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Franklin

Neighborhood in Detroit, Michigan
Wayne County 48205

A- Neighborhood Grade

7.5 Neighborhood Score

$69,825

Average Value

$67

Average Price per Sq Ft

Affordable Homes, Strong Community Ties, and Central Access in Detroit’s 48205 ZIP Code

The Franklin neighborhood is a residential area located in northeast Detroit’s District 3 offering affordable housing, strong community ties, and convenient access to nearby parks, schools, grocery shopping, and retail options.
Located within the 48205 ZIP code, Franklin is a peaceful area with classic mid-century Detroit homes, walkable streets, and highly engaged neighbors.
It is a great option for families, retirees, downsizers, and new buyers seeking value and warmth within Detroit city limits.
The neighborhood is surrounded by 7 Mile Road to the north, Hoover Street to the west, Gratiot Avenue to the east, and State Fair Avenue to the south, with nearby District 3 communities like Krainz Woods, Mohican Regent, and Regent Park just a short drive away.
Downtown Detroit is also in close proximity, just a short 20-25-minute drive away on a light traffic day thanks to nearby I-94, 8 Mile Road, and Gratiot Avenue.
For residents without a car, reliable public transit is provided in the form of multiple DDOT bus routes running through the area.

Agents Specializing in this Area

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Schools

No Schools found.

Transit

Airport

Windsor International

Bus

Schoenherr & 7 Mile Rd

Bus

Schoenherr & Lappin

Bus

Gratiot & 7 Mile

Bus

Schoenherr & Saratoga

Bus

7 Mile & Reno

Bus

Schoenherr & Linnhurst

Bus

Gratiot & Park Grove

Crime and Safety

1 – Low Crime, 10 – High CrimeFranklinUS
Homicide104
Sexual Assault74
Assault with Weapon94
Robbery84
Burglary64
Motor Vehicle Theft64
Larceny44
Crime Score74

Source: WhatIsMyCrimeRisk.com

Franklin Demographics and Home Trends

On average, homes in Franklin, Detroit sell after 55 days on the market compared to the national average of 48 days. The average sale price for homes in Franklin, Detroit over the last 12 months is $86,006, up 37% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)Median Single Family PriceAverage Price Per Sq FtNumber of Homes for Sale
$95,000$58,500$678
Last 12 months Home SalesMonths of SupplyMedian List PriceMedian Discount From 1st List Price
253.80$70,7004%
Median Home Sale Price YoY Change
38%

Home Facts

Number of Homes in NeighborhoodMedian Year Built
1,3981929
Avg. Single Family Home Size Sq Ft
Below the national average
Median Lot Size Sq Ft
1,567
1,937
4,791

Distribution of Home Values

Homes for Sale

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Average Home Value

Property Mix – Square Feet

This Neighborhood Has More Renters

Demographics

Total Population

Median Age

Population DensityPopulation under 18
On par with the national average
4,4443613 ppl/acre28%
23.8%
Population over 65
On par with the national average
14.7%
19.1%

Finances

Median Household Income
Significantly below the national average
Average Household Income
$43,836
$71,702
$47,016

Education and Workforce

High School Graduates


College Graduates
Below the national average
Advanced Degrees
On par with the national average
% Population in Labor Force
87%5.4%
34.1%
1.5%
13.3%
67.9%

Weather

Annual Precipitation
Average Winter Low TemperatureAverage Summer High TemperatureAnnual Snowfall
30”20°F83°F38”

Area Factors

Somewhat Bikeable

Bike Score

63

/ 100

GoodTransit

Transit Score

53

/ 100

Somewhat Walkable

Walk Score

69

/ 100

Source: Walk Score

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Hassan, I'd like to learn more about homes in Franklin.

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Hassan Scheib

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