2025 Compare Cities Housing:
Richmond, IN vs Franklin, TN

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Highlights
- The median age of a home in Richmond is 65.6% older than the median age of a home in Franklin.
 Richmond, INFranklin, TNUnited States
 Median Home Age64  Unlock42
 Median Home Cost  Unlock$784,100$338,100
 Home Appr. Last 12 months15.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock81.0%57.0%
 Home Appr. Last 10 yrs.73.6%  Unlock101.1%
 Property Tax Rate  Unlock$5.6$11.0
 Homes Owned47.1%  Unlock57.4%
 Housing Vacant  Unlock4.3%11.2%
 Homes Rented37.3%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Richmond, INFranklin, TNUnited States
 Average Rent  Unlock$2,280$1,840
 Studio Apartment$670  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,640$1,180
 2 Bedroom Home or Apartment$1,000  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,310$1,860
 4 Bedroom Home or Apartment$1,360  Unlock$2,160
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 Vacant Housing
 Richmond, INFranklin, TNUnited States
 Vacant For Rent  Unlock1.7%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other10.6%  Unlock4.1%
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 Owner-Occupied Housing Value
 Richmond, INFranklin, TNUnited States
 Less Than $20,000  Unlock0.8%2.6%
 $20,000 to $39,9997.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.2%2.8%
 $60,000 to $79,99919.9%  Unlock3.9%
 $80,000 to $99,999  Unlock0.3%4.5%
 $100,000 to $149,99920.9%  Unlock11.3%
 $150,000 to $199,999  Unlock2.1%13.0%
 $200,000 to $299,9994.7%  Unlock20.1%
 $300,000 to $399,999  Unlock20.3%13.6%
 $400,000 to $499,9990.1%  Unlock8.3%
 $500,000 to $749,999  Unlock28.2%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
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 Housing Units By Year Built
 Richmond, INFranklin, TNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock23.8%13.6%
 2000 to 20094.4%  Unlock13.6%
 1990 to 1999  Unlock26.3%13.6%
 1980 to 19896.6%  Unlock13.2%
 1970 to 1979  Unlock6.1%14.8%
 1960 to 19695.6%  Unlock13.6%
 1950 to 1959  Unlock1.8%10.0%
 1940 to 194910.2%  Unlock4.7%
 1939 or Earlier  Unlock1.8%12.2%
Reviews for Richmond    5 Reviews

do you see any changes no and lot of people don't even vote in this poverty retirement town. most of the educated people have left Richmond and Indiana all together. Be  More

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Over 12 years ago

Richmond is an attractive city for the most part, but for its population there is way to much crime. The police seem to worry more about petty issues like driving  More

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Over 14 years ago

Richmond is a great city homes here are very reasonable to buy. We have great parks. And lots of things to do for a town our size. I was born here so were my parents and  More

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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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