Zip 37067 (Franklin, TN) Housing

The median housing value in 37067 Franklin, TN is $821,500, which is significantly higher than the national average of $338,100. The one-year house appreciation rate for the US was 8.27%, while it was 15.74% in Franklin, TN. This higher appreciation rate indicates that the housing market in Franklin is particularly strong and could be an attractive option for potential buyers. With the combination of a high median value and a robust appreciation rate, investing in housing in Franklin is a wise decision.

The median home cost in Franklin (zip 37067) is $821,500. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Franklin (zip 37067) is up 25.0%.

Average Age of Homes

- The median age of Franklin (zip 37067) real estate is 19 years old

The Rental Market in Franklin (zip 37067)

- Renters make up 32.6% of the Franklin (zip 37067) population
- 2.1% of houses and apartments in Franklin (zip 37067), 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
	13,356.0	139,647,020.0
	19	42
	$821,500	$338,100
	25.0%	16.6%
	81.0%	57.0%
	142.5%	101.1%
	$5.38	$10.98
	$2,792	$2,690
	54.0%	57.4%
	3.4%	11.2%
	42.5%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.1%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.7%	11.3%
	0.9%	13.0%
	4.8%	20.1%
	16.9%	13.6%
	23.3%	8.3%
	34.7%	9.7%
	13.9%	3.9%
	2.3%	2.2%
	0.2%	0.8%
	1.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	29.9%	13.6%
	29.9%	13.6%
	26.6%	13.6%
	12.2%	13.2%
	2.9%	14.8%
	26.6%	13.6%
	0.1%	10.0%
	0.3%	4.7%
	1.0%	12.2%

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