Williamson County · Nashville-Davidson–Murfreesboro–Franklin · population 89,142
Where Franklin stands
At or near all-time high. averaging 8.0% annual growth over 5 years.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 37.2 price-to-rent ratio, renting beats buying in Franklin for most shorter holds. The premium you pay to own would take many years of rent savings to recoup, and that's before maintenance, taxes, and opportunity cost on the down payment.
How the momentum score breaks down
methodology →Franklin has held up across the cycle: home values at $916,079 with +8.0% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Franklin carries a $916,079 median home with only +1.6% YoY. Premium pricing in a flat tape is the bear setup — you're paying for the trend that already ran while new buyers can't afford to extend it.
About Franklin
Franklin is a city in Williamson County, Tennessee, with an estimated population of 89,142. It anchors the Nashville-Davidson–Murfreesboro–Franklin metro area. The population grew 1.7% annually from 2020 to 2024, a moderate gain. The median home value in Franklin is $916,079 as of 2026-04, up 1.6% over the last 12 months. Over the last five years, home values have averaged +8.0% annual growth, with prices at or near the 5-year peak. Rents in Franklin average $2,055 per month, roughly flat year-over-year (+2.1%). The composite momentum score is 73 of 100 (Rising). The market is healthy with prices supported by underlying demand.
▲ Bull case
▼ Bear case
About Franklin (Wikipedia)
Franklin is a city in and the county seat of Williamson County, Tennessee, United States. About 21 miles (34 km) south of Nashville, it is one of the principal cities of the Nashville metropolitan area and Middle Tennessee. As of 2020, its population was 83,454. It is the seventh-most populous city in Tennessee.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
City facts
Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.
Playbook
You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.
Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.
Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.
Local safety & alerts
No active National Weather Service alerts for Williamson County right now.
Public-safety links are official .gov sources, not curated by us. Williamson County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Franklin
9 tracked · ranked by median home valueCities like Franklin
Run the numbers for Franklin
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Local sports teams
Major professional teams the Nashville-Davidson–Murfreesboro–Franklin area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Current weather
Find rentals & listings
Open current Franklin listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- Families displaced after Franklin, TN apartment fireWKRN News 2 · 4h ago
- Kacey Musgraves to greet fans at Franklin Walmart Tuesday, May 19News Channel 5 Nashville · 12h ago
- Perfect Health Scores in Williamson Co. for May 20, 2026Williamson Source · 3h ago
- Fire displaces families at The Whitney Apartments in Franklindailydispatch.com · 16h ago
- Families displaced after apartment fire spotted by nearby teacher in FranklinWSMV · 2d ago
- Franklin Fire Department Investigating Fire at The Whitney ApartmentsWilliamson Herald · 2d ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Franklin
Explore other places with comparable momentum or affordability.