Franklin, TN—37067
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$947,000
2.8% YoY Growth
Household Income
$110,000
3.5% YoY Growth
Days on Market
45
6.0% Longer YoY
Home Price Forecast
-1.2%
Median Rent
$3,000
10.3% YoY Growth
1-Bed Rent
$1,600
16.3% YoY Growth
2-Bed Rent
$2,400
2.3% YoY Growth
3-Bed Rent
$3,000
9.5% YoY Growth
Home Price Trends — Franklin, TN
As of May '26, the median home price in Franklin, TN is $947,000, with a year-over-year change of 2.8%. This indicates that home prices in Franklin, TN are increasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $947,000 | 2.8% |
| Single Family | $974,000 | 2.4% |
| Condos | $497,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |