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2024 Compare Cities Housing:
Franklin, TN vs Raleigh, NC

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Highlights
- The median age of a home in Franklin is 22.7% younger than the median age of a home in Raleigh.

Housing
 Franklin, TNRaleigh, NCUnited States
 Median Home Age222742
 Median Home Cost$784,100$427,000$338,100
 Home Appr. Last 12 months25.0%23.6%16.6%
 Home Appr. Last 5 yrs.81.0%70.7%57.0%
 Home Appr. Last 10 yrs.142.5%122.8%101.1%
 Property Tax Rate$5.6$8.9$11.0
 Homes Owned62.7%46.7%57.4%
 Housing Vacant4.3%9.4%11.2%
 Homes Rented33.0%43.8%31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin, TNRaleigh, NCUnited States
 Average Rent$2,280$1,750$1,840
 Studio Apartment$1,600$1,240$1,080
 1 Bedroom Home or Apartment$1,640$1,280$1,180
 2 Bedroom Home or Apartment$1,850$1,450$1,430
 3 Bedroom Home or Apartment$2,310$1,780$1,860
 4 Bedroom Home or Apartment$2,860$2,350$2,160
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 Vacant Housing
 Franklin, TNRaleigh, NCUnited States
 Vacant For Rent1.7%3.3%1.9%
 Vacant Rented0.1%2.2%0.4%
 Vacant For Sale0.5%0.5%0.7%
 Vacant Sold0.3%0.6%0.4%
 Vacant Vacation0.7%0.5%3.6%
 Vacant Other1.1%2.3%4.1%
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 Owner-Occupied Housing Value
 Franklin, TNRaleigh, NCUnited States
 Less Than $20,0000.8%1.4%2.6%
 $20,000 to $39,9990.3%0.5%2.4%
 $40,000 to $59,9990.2%0.6%2.8%
 $60,000 to $79,9990.0%0.5%3.9%
 $80,000 to $99,9990.3%0.8%4.5%
 $100,000 to $149,9990.7%6.6%11.3%
 $150,000 to $199,9992.1%15.0%13.0%
 $200,000 to $299,9998.1%28.3%20.1%
 $300,000 to $399,99920.3%18.3%13.6%
 $400,000 to $499,99925.2%11.0%8.3%
 $500,000 to $749,99928.2%10.2%9.7%
 $750,000 to $999,9999.9%4.0%3.9%
 $1,000,000 to $1,499,9992.2%1.9%2.2%
 $1,500,000 to $1,999,9990.9%0.5%0.8%
 $2,000,000 and over0.8%0.3%1.1%
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 Housing Units By Year Built
 Franklin, TNRaleigh, NCUnited States
 2015 and Newer0.2%0.3%0.2%
 2010 to 201423.8%23.4%13.6%
 2000 to 200923.8%23.4%13.6%
 1990 to 199926.3%18.5%13.6%
 1980 to 198911.4%16.8%13.2%
 1970 to 19796.1%9.9%14.8%
 1960 to 196926.3%18.5%13.6%
 1950 to 19591.8%4.2%10.0%
 1940 to 19491.5%1.6%4.7%
 1939 or Earlier1.8%3.1%12.2%

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Reviews for Franklin    27 Reviews

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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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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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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Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069
ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total

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