Foreclosure for Sale on Norwood Dr, Franklin, MI 48025

Foreclosures › Michigan › Oakland › Franklin › Norwood Dr
Bank-owned REO foreclosure property at Norwood Dr, Franklin, MI 48025. 2 bed 1 bath 2,188 sq ft Oakland County foreclosure listing.
Foreclosure (REO) Active 71 days on market
Norwood Dr, Franklin, MI 48025
Price TBD
Oakland County · Michigan
2
Bedrooms
1
Bathrooms
2,188
Sq ft
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 2
Bathrooms 1
Living area 2,188 sq ft
County Oakland County
State Michigan
ZIP 48025
Days on Market 71 days
Listing ID 65858824
About this property

This Franklin, MI property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

📊 Oakland County Market · Updated daily
Active Listings
1,687
Avg. Est. Value
$246,673
Bank-Owned (REO)
196
Pre-Foreclosures
1,491

12 active foreclosure listings in Franklin, MI.

Browse all Oakland County foreclosures →
❓ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Oakland County foreclosures for additional guidance on the purchase process.
There are currently 12 active foreclosure listings in Franklin, MI. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Franklin, MI Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 48025 · U.S. Census ACS
Population
14,813
Median Age
49.3 yrs
Households
5,696
Median Household Income
$171,776
Median Home Value
$483,200
Median Rent
$1,932/mo
Owner-Occupied
94% of homes
Vacancy Rate
4% of units
Unemployment Rate
2%

~47% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 48025
🏫 Elementary
Beverly Elementary School
Grades K–5·BEVERLY HILLS ZIP 48025
Bingham Farms Elementary School
Grades Pre-K–5·BINGHAM FARMS ZIP 48025
🏫 Middle
Berkshire Middle School
Grades 6–8·BEVERLY HILLS ZIP 48025

Source: NCES CCD 2024–25 · nces.ed.gov

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