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2024 Compare Cities Housing:
Loretto, TN vs Franklin, TN

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Highlights
- The median age of a home in Loretto is 56.0% older than the median age of a home in Franklin.

Housing
 Loretto, TNFranklin, TNUnited States
 Median Home Age502242
 Median Home Cost$193,200$784,100$338,100
 Home Appr. Last 12 months26.6%25.0%16.6%
 Home Appr. Last 5 yrs.88.9%81.0%57.0%
 Home Appr. Last 10 yrs.154.1%142.5%101.1%
 Property Tax Rate$6.4$5.6$11.0
 Homes Owned74.7%62.7%57.4%
 Housing Vacant8.7%4.3%11.2%
 Homes Rented16.5%33.0%31.4%
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 Avg Rent For Home Or Apartment
 Loretto, TNFranklin, TNUnited States
 Average Rent$950$2,280$1,840
 Studio Apartment$570$1,600$1,080
 1 Bedroom Home or Apartment$580$1,640$1,180
 2 Bedroom Home or Apartment$760$1,850$1,430
 3 Bedroom Home or Apartment$960$2,310$1,860
 4 Bedroom Home or Apartment$1,070$2,860$2,160
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 Vacant Housing
 Loretto, TNFranklin, TNUnited States
 Vacant For Rent0.0%1.7%1.9%
 Vacant Rented0.0%0.1%0.4%
 Vacant For Sale1.3%0.5%0.7%
 Vacant Sold1.7%0.3%0.4%
 Vacant Vacation1.2%0.7%3.6%
 Vacant Other4.6%1.1%4.1%
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 Owner-Occupied Housing Value
 Loretto, TNFranklin, TNUnited States
 Less Than $20,0003.7%0.8%2.6%
 $20,000 to $39,9993.8%0.3%2.4%
 $40,000 to $59,9994.9%0.2%2.8%
 $60,000 to $79,9999.4%0.0%3.9%
 $80,000 to $99,99927.2%0.3%4.5%
 $100,000 to $149,99921.4%0.7%11.3%
 $150,000 to $199,99913.9%2.1%13.0%
 $200,000 to $299,99912.0%8.1%20.1%
 $300,000 to $399,9993.3%20.3%13.6%
 $400,000 to $499,9990.3%25.2%8.3%
 $500,000 to $749,9990.0%28.2%9.7%
 $750,000 to $999,9990.0%9.9%3.9%
 $1,000,000 to $1,499,9990.0%2.2%2.2%
 $1,500,000 to $1,999,9990.0%0.9%0.8%
 $2,000,000 and over0.0%0.8%1.1%
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 Housing Units By Year Built
 Loretto, TNFranklin, TNUnited States
 2015 and Newer0.0%0.2%0.2%
 2010 to 20145.3%23.8%13.6%
 2000 to 20095.3%23.8%13.6%
 1990 to 199918.4%26.3%13.6%
 1980 to 19899.8%11.4%13.2%
 1970 to 197916.7%6.1%14.8%
 1960 to 196918.4%26.3%13.6%
 1950 to 195917.2%1.8%10.0%
 1940 to 19494.8%1.5%4.7%
 1939 or Earlier9.0%1.8%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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ZIPS IN LORETTO, TENNESSEE
38469
ZIPS IN FRANKLIN, TENNESSEE
37064 37067 37069

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