Franklin, TN Housing


27 Reviews



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United States / Tennessee / Nashville-Davidson--Murfreesboro--Franklin Metro Area / Williamson County / Franklin / Zip Codes
The housing market in Franklin, TN is far outpacing the national market. The median value for a house in Franklin is an impressive $784,100, significantly higher than the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, while in Franklin it is 15.74%. This shows that Franklin is quickly developing into a desirable place to live and invest in real estate, making it an attractive option even compared to the national market.

The median home cost in Franklin is $784,100. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Franklin is up 25.0%.

Average Age of Homes
- The median age of Franklin real estate is 21 years old
The Rental Market in Franklin
- Renters make up 30.5% of the Franklin population
- 1.7% of houses and apartments in Franklin, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingFranklin, TennesseeUnited States
  33,080.0139,647,020.0
  2242
  $784,100$338,100
  25.0%16.6%
  81.0%57.0%
  142.5%101.1%
  $5.62$10.98
  $2,629$2,690
  62.7%57.4%
  4.3%11.2%
  33.0%31.4%
  Vacant Housing
  1.7%1.9%
  0.1%0.4%
  0.5%0.7%
  0.3%0.4%
  0.7%3.6%
  1.1%4.1%
  Value of Owner-Occupied Housing
  0.8%2.6%
  0.3%2.4%
  0.2%2.8%
  0.0%3.9%
  0.3%4.5%
  0.7%11.3%
  2.1%13.0%
  8.1%20.1%
  20.3%13.6%
  25.2%8.3%
  28.2%9.7%
  9.9%3.9%
  2.2%2.2%
  0.9%0.8%
  0.8%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  23.8%13.6%
  23.8%13.6%
  26.3%13.6%
  11.4%13.2%
  6.1%14.8%
  26.3%13.6%
  1.8%10.0%
  1.5%4.7%
  1.8%12.2%
Reviews for Franklin
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Jose · Wesley Chapel, FL
Won’t miss the heat in FL, like change of seasons
Over 3 years ago

After visiting here for a week in the summer, I fell in love with the city! Lots of my friends in Florida already moved here from New Port Richey and Wesley Chapel. I  More

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Kathryn · Franklin, TN
Franklin is a Great Place to Live.
Over 3 years ago

I've lived in Tennessee all my life. I have lived in west,east and middle Tennessee. By far this is the best place I have lived. We have been in Franklin for 8 years. It  More

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Theresa · Franklin, TN
The Good and the Not-So-Good
Over 7 years ago

I love that this is a greatly diverse community with a large African American and Hispanic community around West Main St./Nachez (I'm addicted to Pueblo Real Mexican  More

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