The story of this market
The typical home in Franklin, Tennessee sells for about $955,000, or $350 per square foot.
Prices are up +4.1% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,378 a month.
Monthly price momentum
Home values since 2015
-0.4%
TN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Franklin, Tennessee
Franklin's housing market remains highly competitive, characterized by strong price appreciation and high demand from affluent buyers. The city's top-tier school system and robust corporate economy continue to drive market momentum, keeping inventory tight despite recent increases in new listings. Overall, the market shows resilience and sustained growth, supported by high household incomes and a desirable lifestyle profile.
No ARED county foreclosure postings attributed to Franklin yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 4 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 8.0% year over year.
Homes spend a median of 54 days on market with 0.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 47.14% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 4.5% — a stable, low-distress profile.
- Nashville Shores Waterpark4.321.9 mi
- Aquarium Restaurant4.421.7 mi
- Lucky Ladd Farms - Farm Park & Zoo4.519.3 mi
- Dave & Buster's Nashville4.221.8 mi
- K1 Speed Nashville4.517.3 mi
- Grand Ole Opry4.821.9 mi
- Bridgestone Arena4.717 mi
- Nissan Stadium4.517.6 mi
- Ryman Auditorium4.817.1 mi
- Music City Center4.716.9 mi
- Nashville Zoo at Grassmere4.513.4 mi
- The Parthenon4.615.9 mi
- Centennial Park4.715.9 mi
- Cheekwood4.711.4 mi
- Radnor Lake State Park4.710.2 mi
- Grand Ole Opry4.821.9 mi
- Country Music Hall of Fame and Museum4.617 mi
- The Parthenon4.615.9 mi
- Ryman Auditorium4.817.1 mi
- The Factory at Franklin4.60.7 mi
- Centennial Park4.715.9 mi
- Cheekwood4.711.4 mi
- Radnor Lake State Park4.710.2 mi
- Warner Parks4.88.9 mi
- Crockett Park4.76.7 mi
- Four Corners Resort and Marina4.319.1 mi
- Fate Sanders Marina4.322.5 mi
- Hamilton Creek Sailboat Marina4.618.8 mi
- Nashville Shores Marina4.421.8 mi
- Elm Hill Recreation Area4.519.5 mi
- McCabe Golf Course4.215 mi
- Franklin Bridge Golf Club4.32.8 mi
- Westhaven Golf Club4.54 mi
- Harpeth Hills Golf Course4.19.2 mi
- The Grove4.610.4 mi
- The Mall at Green Hills4.413 mi
- Tanger Outlets Nashville4.514.6 mi
- CoolSprings Galleria4.43.8 mi
- The Factory at Franklin4.60.7 mi
- One Hundred Oaks4.414 mi
- Nashville International Airport4.317.5 mi
- Black Car Select Limo Service Nashville516.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A vibrant, preserved historic center featuring boutique shopping, dining, and cultural events that anchor the city's social life.
A major regional shopping destination that serves as a primary retail hub for the city and surrounding Williamson County.
A scenic river providing recreational opportunities such as kayaking and fishing, contributing to the city's natural appeal.
A popular community park offering walking trails and green space, serving as a central gathering point for residents.
Franklin is an ideal destination for affluent family buyers seeking top-tier school districts and a high quality of life. It also attracts corporate professionals working in the Cool Springs business corridor and investors looking for stable, high-value assets in a growing, supply-constrained market.
The city is served by the Williamson County School District, which is consistently ranked as the top-performing public school system in Tennessee. Schools in the area are characterized by high college placement rates and rigorous academic standards that significantly outperform state averages.
The city is primarily served by major highway corridors including I-65, which facilitates commuting to the Nashville employment core. Infrastructure planning focuses on managing traffic flow as the population continues to expand.
Franklin offers an extensive amenity base including the historic downtown district, numerous public parks like Pinkerton Park, and access to the Harpeth River for outdoor activities. The city is also home to high-end shopping destinations such as the Cool Springs Galleria, which serves as a regional retail anchor.
The rental market in Franklin is characterized by high demand and low vacancy rates, driven by the city's strong economic profile and desirability for families. While rental inventory is tighter than in surrounding areas, the market remains attractive to investors seeking stable, long-term yields.
Franklin's economy is anchored by a diverse mix of healthcare, corporate headquarters, and professional services. The city benefits from its proximity to Nashville while maintaining a distinct, high-growth business environment.
Franklin serves as a major corporate hub with a robust economy anchored by healthcare, technology, and professional services. Significant infrastructure investment and ongoing mixed-use developments continue to drive high demand for both residential and commercial real estate.
Development activity is concentrated on high-end residential projects and the expansion of the Cool Springs commercial district. City planning emphasizes maintaining historic character while integrating modern mixed-use infrastructure.
Parcels in Franklin are primarily served by the Williamson County School District, with various utility and municipal service districts providing essential infrastructure support.
Franklin maintains crime rates substantially lower than the neighboring Nashville metropolitan area. The city is widely regarded as one of the safest communities in Tennessee, with consistent reporting of low violent and property crime indices.
The area faces moderate climate risks typical of Middle Tennessee, primarily involving seasonal severe weather and localized flooding near the Harpeth River. Property insurance markets remain stable, though homeowners are encouraged to maintain standard coverage for wind and storm damage.
The property insurance market in Franklin is stable, reflecting the area's relatively low risk profile compared to broader regional hazards. Premiums are generally competitive, though they remain subject to national trends in reinsurance and climate-related adjustments.
Franklin residents benefit from Tennessee's lack of a state personal income tax. Property taxes are assessed at the county and city levels, with rates structured to support high-quality public services and infrastructure without the burden of state-level income levies.
Data retrieved from US Census Bureau QuickFacts and ACS profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.