City Guide
Franklin, TN
Overview
Franklin, TN, is known for its Main Street and the Franklin Theatre. There are around 80,000 residents, so living in Franklin will provide a welcoming and small-town feel. There are a lot of facts that make the city special, one of which is that the town was named after Benjamin Franklin. Another cool fact about Franklin is that the Lotz House served as a war hospital during the Civil War and is said to be one of the most haunted places in Tennessee.
What’s it like to live in Franklin, TN ?
If you're looking to buy a home for sale in Franklin, TN you'll find that the median sale price is
$768,000
and homes stay on the market for 54 days. You'll find that the median sale prices of
a single family home and a condo/co-op in Franklin are $945,000
and $552,500
, respectively. Franklin area townhouses have a median sale price of $648,321
, making them less expensive
than single family homes. If you’re not ready to buy a home, consider one of the many apartments for rent in Franklin, TNExplore our Franklin housing market page for insights about how home values have changed over
the years and how Franklin home prices compare to other markets. Explore our Franklin rental market trends page for insights about how rental prices have changed and how Franklin rental prices compare to other rental markets. If you're curious about the most valuable home features in Franklin, or looking for a new home improvement project,
discover what home features and design trends may help increase your home's value.
Popular neighborhoods in and around Franklin
| Neighborhood | Median Sale Price | Compete Score | Walk Score | Real Estate |
|---|---|---|---|---|
| Westhaven | $1,137,500 | -- | -- | For SaleFor Rent |
| Fieldstone Farms | $682,500 | -- | -- | For SaleFor Rent |
| West Harpeth | $900,000 | 46 / 100 | -- | For SaleFor Rent |
| McKay's Mill | $725,000 | -- | -- | For SaleFor Rent |
| The Highlands at Ladd Park | $1,124,500 | -- | -- | For SaleFor Rent |
Popular homes for sale in Franklin
See all homes for sale
Rental listings in Franklin
See how much rent you can affordSee all rental listings
What is the cost of living in Franklin?
The cost of living in Franklin is 1% lower than the national average. Housing is typically the largest expense for most American households. In Franklin, the average monthly rent is $1,685, while the median home price is $865,000. Overall, housing in Franklin is 102% higher than the national average. Groceries, like produce, dry goods, and other essential household items, cost 0% lower in Franklin. Though healthcare costs 8% lower in Franklin compared to the national average, costs vary greatly by location, person, personal health, and health insurance. In Franklin, an optometry check-up costs around $112.69, while a dentist appointment is $109.65 on average. Learn more about the cost of living in Franklin. Discover how utilities, transportation, and lifestyle, compares against the national average.
Compared to the national average
1%
Cost of living
102%
Home prices
Cost of living calculator
Compare cities across the U.S.
Franklin Migration & Relocation Trends
In Aug '24 - Oct '24, 24% of Franklin homebuyers searched to move out of Franklin, while 76% looked to stay within the metropolitan area.
- Across the nation, 1% of homebuyers searched to move into Franklin from outside metros.
- Los Angeles homebuyers searched to move into Franklin more than any other metro followed by Chicago and San Francisco.
Where are people moving to Franklin from?
- 76% of Franklin homebuyers searched to stay within the Franklin metropolitan area.
- Tullahoma was the most popular destination among Franklin homebuyers followed by Knoxville and Destin.
Where are people from Franklin moving to?
Number of People Moving to Franklin
least
most
People are moving to Franklin from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 2,635 | ||
| 2 | 608 | ||
| 3 | 496 | ||
| 4 | 486 | ||
| 5 | 360 | ||
| 6 | 325 | ||
| 7 | 293 | ||
| 8 | 267 | ||
| 9 | 186 | ||
| 10 | 164 | ||
People are leaving Franklin for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 151 | ||
| 2 | 139 | ||
| 3 | 126 | ||
| 4 | 72 | ||
| 5 | 70 | ||
| 6 | 58 | ||
| 7 | 49 | ||
| 8 | 46 | ||
| 9 | 44 | ||
| 10 | 42 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
What is there to do in Franklin, TN ?
If you're living in Franklin, TN, you may be wondering what to do in your spare time. From nature parks to stellar restaurants, there are many places to explore in this city. Franklin is known for its popular museums such as the Lotz House Museum, William Darrell Moseley Tribal Arts, and McLemore House. Franklin Theatre and Sound Kitchen Studios are just a few of the performing arts venues that contribute to the city's unique arts and culture scene. The city is also known for its parks and green spaces like The Park at Harlinsdale Farm, Pinkerton Park, Williamson County Parks & Recreation, just to name a few. Some of the must-try restaurants and eateries in Franklin include Puckett's Grocery & Restaurant, J. Alexander's Restaurant, and Wild Ginger Restaurant, which are sure to please your taste buds.
Explore some of the best things to do in Franklin
What's the best way to get around Franklin, TN ?
The best way to get around Franklin is by car, but there are many methods for getting around the city. If you’re exploring the city by foot, Franklin has a walk score of 23, meaning this area is car dependent. You can also get around Franklin by bike. With a bike score of 30, there is a minimal amount of infrastructure for biking.
Car-Dependent
Walk Score®
Somewhat Bikeable
Bike Score®
Franklin Transportation
Bus Station
Buses can be found throughout the city and are easily accessible to commute in the city.
Rail Station
Our data indicates this city does not have this transportation type.
Tram Station
Our data indicates this city does not have this transportation type.
Metro Station
Our data indicates this city does not have this transportation type.
Car & Bike Rentals
Renting a car is another good way to get around the city. There are 12 car rental locations.
Real Estate Tools & Resources
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