Franklin County, TN Housing

The housing market in Franklin, TN County is booming. The median housing value in the area is $254,100, which is significantly lower than the US House Median Value of $338,100. In addition, the one year house appreciation rate for Franklin, TN County has been an impressive 18.32%, exceeding the US 1 year house appreciation rate of 8.27%. This indicates that there are great opportunities for new homeowners to get involved in this vibrant and rapidly appreciating housing market.

The median home cost in Franklin County is $254,100. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Franklin County is up 22.8%.

Average Age of Homes

- The median age of Franklin County real estate is 35 years old

The Rental Market in Franklin County

- Renters make up 20.7% of the Franklin County population
- 0.3% of houses and apartments in Franklin County, 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

Housing	Franklin, Tennessee	United States
	19,337.0	139,647,020.0
	37	42
	$254,100	$338,100
	22.8%	16.6%
	73.7%	57.0%
	99.2%	101.1%
	$6.49	$10.98
	$1,045	$2,690
	63.3%	57.4%
	14.8%	11.2%
	21.9%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.1%	0.4%
	4.9%	3.6%
	9.1%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	3.2%	2.4%
	3.9%	2.8%
	5.5%	3.9%
	9.7%	4.5%
	20.0%	11.3%
	20.6%	13.0%
	16.5%	20.1%
	8.8%	13.6%
	4.0%	8.3%
	3.8%	9.7%
	1.3%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	13.9%	13.6%
	13.9%	13.6%
	18.7%	13.6%
	16.3%	13.2%
	14.3%	14.8%
	18.7%	13.6%
	7.8%	10.0%
	4.0%	4.7%
	7.8%	12.2%

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