Franklin, TN
Franklin Real Estate and Homes For Sale
CityLearn about Franklin
What is Franklin known for?
If you’re looking for upscale homes without the hassle and traffic found near the suburbs adjacent to downtown Nashville, then Franklin is your ideal suburban experience. Located square in Williamson County (of which Franklin is the county seat), Franklin is known for its downtown historic Victorian single-family homes and the sprawling lots with farmhouse-style homes on multiple acres. Everything about Franklin sparkles with a touch of class that caters mostly to high-income white-collar workers. Perhaps that’s why people who move to Franklin are usually there to stay. Historic downtown Franklin is known for being America's favorite main street and is lined with trendy boutiques and restaurants. Cool Springs is Franklin's main commercial center where you can find new construction single-family homes with desirable open floorplans as well as condos and townhomes.
Who is Franklin a good fit for?
Franklin offers the best of both worlds for many folks interested in making the move to the greater Nashville area. Its close proximity to the excitement of downtown, combined with its quiet, picturesque suburban life, makes this area a top choice for families, couples, and retirees with middle-to-upper incomes. Because resident satisfaction is so high, Money.com ranked Franklin #8 on its Top 50 Best Places to Live list.
Homes for sale in Franklin
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Pros & Cons of living in Franklin
Pros
- Franklin is one of the most popular Tennessee cities and has a beautiful and historic downtown.
- Franklin is perfect for families. It has a safe environment, and an excellent school system.
- Franklin has a mix of lovely suburban settings with pretty parks as well as charming attractions, great shopping, and restaurants.
Cons
- A major con is Franklin’s high cost of living. Affordable options can be tricky to find, so this area may not be suitable for young professionals or lower-income families.
- Commuting from Franklin to Downtown Nashville during rush hour can be congested with traffic and take longer than expected.
- There’s not as much nightlife in Franklin compared to the neighborhoods closer to downtown Nashville so young professionals may not find it to be the most suitable option.
Pictures of Franklin
How to get around in Franklin
Nearly all Franklin residents travel by their own vehicles. However, Franklin Transit is a viable option residents can potentially utilize, as well as the typical Lyft and Uber services.
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Parks and Recreation in Franklin
The Park at Harlinsdale Farm is a spacious landscape of rolling hills that features a large pond for fishing and a dog park for furry friends.
The smaller One Franklin Park has a small pond, amphitheater, large green area, covered picnic area with fireplace, and putting green–a perfect spot to host an outdoor get-together!
Pinkerton Park and Liberty Park offer playgrounds, picnic areas, jogging paths, and restful green spaces to relax. Additionally, Liberty Park has disc golf courses and a baseball field.
Pinkerton Park
405 Murfreesboro Rd, Franklin, TN 37064
Pinkerton Park is a 34-acre municipal park located in Franklin, Tennessee, United States at 405 Murfreesboro Road, east of the Harpeth River, near downtown Franklin. The park includes a mile-long paved pedestrian track, with exercise equipment located at various points on the trail.
The Park at Harlinsdale Farm
239 Franklin Rd, Franklin, TN 37064
The Park at Harlinsdale is a 200-acre park that has been called the most significant historic farm associated with the modern Tennessee Walking Horse industry. The park is still under development, but activities include walking and hiking trails and a dog park. The Park at Harlinsdale Farm is also home to The Tractor Supply Arena where Franklin Polo Academy regularly holds matches.
Aspen Grove Park
3200 Aspen Grove Dr, Franklin, TN 37067
Forested park offering a creekside loop trail, children's playground & picnic pavilion on 14 acres.
Judge Fulton Greer Park
1120 Hillsboro Rd, Franklin, TN 37064
This park features tennis & volleyball courts, soccer fields, a playground & a walking trail.
Crime in Franklin
In the past year in Franklin there were 49% less assaults, 75% less burglaries, 64% less robberies, 75% less vehicle thefts compared to the national median.
Franklin ranks in the Top 5 of the Safest Cities in Tennessee, with crime rates well below the nation’s average.
Cost of Living in Franklin
Franklin’s cost of living is on the expensive side, coming in at 38.5% above the national average cost. Affordable options exist, but can be extremely difficult to find.
- Education costs 33.20% more than the national average.
- Entertainment costs 16.5% more than the national average.
- Food costs 10.40% more than the national average.
- In Franklin utilities costs 1.90% more than the national average.
- Healthcare costs 1.20% less than the national average.
Overall, Franklin’s cost of living is 14.40% more expensive than the national average.
Job Market of Franklin
96,028 Total Popultation
The median household income in Franklin is $94,502 and the average household income in Franklin is $110,977. 18.02% of the population people works in Healthcare, 10% works in Education, and 9.95% works in Professional.
Real Estate Trends of Franklin
Over two-thirds of residents own their homes, and most have made a substantial financial commitment to secure their future in one of Tennessee’s most coveted communities. Single-family homes in Franklin sell for just under $350 per square foot on average. This is significantly more expensive than the conventional suburban Nashville single-family home—which has led to a median sale price of just under $900,000 over the past year. Houses often spend a couple of weeks to a month on the market, but the offers they garner seldom come in below the list price. Buyers simply understand the value of belonging to this community. If you’re looking to enjoy this luxurious lifestyle without making a large down payment, new apartment complexes like Harpeth River Oaks offer options for around $2,000 per month. Either way, you choose to experience Franklin, though, few regret the time they spend here.
Reviews of Franklin
Share your opinion about Franklin with former, current and prospective residents.
“Franklin is your picture-perfect suburb.”
Franklin is your picture-perfect suburb. The entire area is absolutely gorgeous, and many of the homes are situated on beautiful rolling green hills. Franklin’s public schools are highly ranked, and it really is a great place to raise a family. Franklin also has its own Downtown area, complete with shops, restaurants, and bars. It’s nice being so close to Downtown Nashville but it is also far enough away to provide a peaceful atmosphere. The real estate property is in high demand for Franklin and home prices are reflective of that, but it is an area that is definitely worth it!
- UnknownFAQs
What is life in Franklin like?
Living in Franklin offers the best of both worlds. The suburban town sits within close proximity to Nashville but is also complete with its own lively downtown center. Many of the residential houses sit amongst the beautiful rolling green hills. Locals living in Franklin enjoy the close-knit community, along with the variety of restaurants, music venues, and unique boutiques.
Why are homes in Franklin a good investment?
Franklin's convenient location, just a 25-minute drive from downtown Nashville is a huge appeal. Residents of the historic downtown Franklin neighborhoods, like the homes along West Main Street, can live well while hardly ever sitting behind the wheel of a car. Another tasteful touch somewhat uncommon to southern cities is Franklin’s commitment to accessible parks. Pinkerton Park and The Park at Harlinsdale Farm are both centrally-located greenspaces nestled along the meandering Harpeth River. Features like these, when coupled with the city’s top-notch Williamson County schools, make Franklin a magnet for families.
How long does it take to commute to Downtown Nashville from Franklin?
Commuting from Franklin to Downtown Nashville by car will take approximately 29 minutes.
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The data relating to real estate for sale on this website comes in part from the IDX or Internet Data Exchange Program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Felix are marked with the REALTRACS Internet Data Exchange Program logo. REALTRACS and Felix deem all information is believed to be accurate but not guaranteed and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation. © 2024 of the REALTRACS MLS. All rights Reserved.