Housing Market in Franklin

Franklin's housing market shows real, disclosed variance depending on source and measurement window: Redfin's most recent read put the median sale price at $900K (down 1.1% YoY), Zillow's home-value index at $928,567 (up 1.4% YoY), and a trailing 6-month median at $970,000 -- a genuine $900K-$970K spread, and higher across the board than the $863,530 June-2026 figure already cited in the base record.

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A real spread across sources and windows, not a single settled figure

Redfin cited a $900K median sale price for the month ending roughly July 2026, down 1.1% year-over-year -- a genuine, if modest, softening rather than continued rapid appreciation. Zillow's home-value index, updated through June 30, 2026, instead showed $928,567, up 1.4% over the past year. A third figure -- a $970,000 trailing 6-month median from local market analysis -- and a $906,820 current median asking price round out a real $900K-$970K range depending on exactly which window and methodology is used. Treat any single figure as directional.

Franklin's median hides real sub-market variance

One local market-analysis source frames Franklin's citywide median as an average across genuinely distinct sub-markets that don't compete with each other -- from more affordable West Harpeth-area homes to Downtown Franklin's premium, walkable-core pricing and Westhaven's master-planned luxury pricing. See best-areas for the specific neighborhood breakdown; a single citywide median is a useful starting point, not a substitute for address-specific comps.

Still meaningfully below Brentwood, but the priciest of the other three satellites in this dataset

Even at the higher end of Franklin's disclosed range ($970,000), it remains well below Brentwood's own disclosed range (roughly $1.32M-$1.6M+, see brentwood-topics.js) -- but Franklin is still far above Murfreesboro ($405,000), Smyrna ($412,253), and Hendersonville ($511,622) per the base record's cross-suburb comparison.

Verify current, address-specific figures before budgeting

Given the real $900K-$970K citywide spread and the meaningfully different sub-market pricing described above, pull current listing and comparable-sale data for a specific neighborhood rather than budgeting off any single citywide figure.

Key takeaways

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Last reviewed: 2026-08-22. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.