Franklin Real Estate Market Conditions

  • Median sales price

    $795,500
    7.09% change since last quarter
  • # Active listings

    970
    30-day change

Franklin Schools and Demographics

Education near Franklin, TN

City County
High School Graduates 94.94 95.52
College Degree - 2 year 5.71 6.34
College Degree - 4 year 60.16 58.11
Graduate Degree 16.33 15.33
Expenditures per Student 12,699 9,333
Students per Teacher 11.3 15.5

Elementary Schools near Franklin, TN

Grades Students P/T Ratio ZIP
Bethesda Elementary School PK - 05 576 15.3 37179
Clovercroft Elementary School KG - 05 795 15.5 37067
Franklin Elementary School PK - 04 324 9.8 37064
Harpeth Valley Elementary School PK - 04 763 15.7 37221
Heritage Elementary School PK - 05 707 14.8 37179
Hillsboro Elementary/ Middle School PK - 08 529 12.7 37064
Hunters Bend Elementary School PK - 05 564 16.7 37069
Johnson Elementary School PK - 04 393 10.3 37064
Liberty Elementary School PK - 04 522 11.3 37064
Moore Elementary School PK - 04 529 12.2 37064
Oak View Elementary School PK - 05 665 15.9 37064
Pearre Creek Elementary School PK - 05 753 16.4 37064
Poplar Grove K-4 PK - 04 436 10.5 37064
Trinity Elementary School PK - 05 595 15.3 37067
Walnut Grove Elementary School PK - 05 662 15.4 37069
Winstead Elementary School PK - 05 515 14.5 37064

Middle Schools near Franklin, TN

Grades Students P/T Ratio ZIP
Bellevue Middle School 05 - 08 680 16.6 37221
Fred J Page Middle School 06 - 08 1,056 18.1 37064
Freedom Intermediate School 05 - 06 544 12.1 37064
Freedom Middle School 07 - 08 595 11.2 37064
Grassland Middle School 06 - 08 921 17.1 37064
Heritage Middle School 06 - 08 1,028 16.8 37179
Poplar Grove 5-8 05 - 08 398 11.7 37064

High Schools near Franklin, TN

Grades Students P/T Ratio ZIP
Centennial High School 09 - 12 1,716 17.7 37067
Franklin High School 09 - 12 1,747 18.5 37064
Fred J Page High School 09 - 12 937 16.4 37064
Independence High School 09 - 12 1,432 17.1 37179
Renaissance High School 09 - 12 141 11.8 37064

Demographics near Franklin, TN

City County
Neighborhood Type Suburban
Population 72,990 212,161
Population Density 1,755 364
Median Age 38.1 39
People per Household 2.6 2.9
Median Household Income 92,589 103,543
Average Income per Capita 45,176 48,482

Franklin Real Estate

The median home value in Franklin, TN is $795,500. This is higher than the county median home value of $453,400. The national median home value is $219,700. The average price of homes sold in Franklin, TN is $795,500. Approximately 64.84% of Franklin homes are owned, compared to 31.13% rented, while 4.03% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!

Franklin, Tennessee has a population of 72,990. Franklin is less family-centric than the surrounding county with 41.87% of the households containing married families with children. The county average for households married with children is 44.17%.

The median household income in Franklin, Tennessee is $92,589. The median household income for the surrounding county is $103,543 compared to the national median of $57,652. The median age of people living in Franklin is 38.1 years.

Franklin Weather

The average high temperature in July is 89.8 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 52.4 inches per year, with 1.6 inches of snow per year.