Helpful, expert insights into the Franklin, Tennessee real estate market — ideal for potential buyers, investors, and anyone considering this historic and growing city.
Franklin offers a broad selection of housing options, including charming historic homes, upscale single-family residences, modern new constructions, and luxury estates. There are also townhomes and infill properties, especially in walkable, downtown-adjacent neighborhoods.
Franklin is part of Williamson County Schools, which is highly regarded for its strong public schools. Families also benefit from proximity to private and charter school options that cater to different educational needs.
Yes — Franklin is a strong long-term investment market. The city’s historic appeal, high quality of life, and limited inventory drive steady demand, making it attractive for both family buyers and investors.
Franklin remains a seller’s market, with prices continuing to trend upward. Recent data shows that the median sold price has increased, and demand remains robust in key neighborhoods.
The market is relatively competitive. Homes often go under contract quickly, and while not every sale sees bidding wars, well-priced homes in desirable locations move fast.
The median sold price for homes in Franklin is approximately $898,750, reflecting strong market performance and sustained demand.
Franklin’s rental market is active, particularly for high-quality single-family homes and luxury townhomes. While inventory is more limited than in some metro areas, demand remains solid among professionals and families wanting to rent in this premium market.
Notable neighborhoods include West Harpeth, Central Franklin, and McEwen. These areas offer a mix of historic charm, upscale homes, and convenient access to downtown and local amenities.
Franklin provides easy access to major roads and is well-connected to the greater Nashville area for commuters. While public transportation is less dense than in big cities, the road network supports local and regional travel quite well.
Franklin combines historic charm with modern amenities: think walkable downtown streets, boutique shopping, local dining, and community events. The town also features well-maintained parks, greenways, and a strong sense of small-town, upscale community.
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