Franklin, TN—37064
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$902,000
1.1% YoY Growth
Household Income
$121,000
25.5% YoY Growth
Days on Market
49
3.0% Shorter YoY
Home Price Forecast
0.7%
Median Rent
$2,980
2.9% YoY Growth
1-Bed Rent
$1,500
4.8% YoY Growth
2-Bed Rent
$2,000
0.4% YoY Growth
3-Bed Rent
$3,000
9.0% YoY Growth
Home Price Trends — Franklin, TN
As of May '26, the median home price in Franklin, TN is $902,000, with a year-over-year change of 1.1%. This indicates that home prices in Franklin, TN are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $902,000 | 1.1% |
| Single Family | $921,000 | 1.4% |
| Condos | $397,000 | -2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |