Franklin County, TN Average Home Price (2026)
The average home price in Franklin County, Tennessee is about $281,000 (the 2026 median across 8 ZIP codes, at ~$208/sq ft) — 5% more expensive than the Tennessee median and 3% more affordable than the typical U.S. home.
How Franklin County compares
Franklin County is about average for housing nationally: its typical home costs $281,000 against $267,000 for Tennessee and $289,000 for the U.S. Within the county, ZIP-level values run from about $189,000 to $420,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Franklin County | $281,000 | $208 |
| Tennessee | $267,000 | $213 |
| United States | $289,000 | $193 |
Franklin County home prices by ZIP code
The 8 most valuable ZIP codes in Franklin County (of 8 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 37375 Sewanee | $420,000 | $330 | +49% |
| 37398 Winchester | $359,000 | $221 | +28% |
| 37330 Estill Springs | $314,000 | $235 | +12% |
| 37306 Belvidere | $308,000 | $213 | +10% |
| 37324 Decherd | $254,000 | $202 | -10% |
| 37345 Huntland | $230,000 | $178 | -18% |
| 37376 Sherwood | $199,000 | $105 | -29% |
| 37318 Cowan | $189,000 | $170 | -33% |
Home value appreciation in Franklin County
Home prices in Franklin County have risen about 133% over the last 10 years (≈8.8% a year) and +165.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +5.4% — still rising. A home worth $281,000 today was worth roughly $120,704 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Tennessee is +113.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Franklin County
Run the numbers for Franklin County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Franklin County
To buy the typical $281,000 home in Franklin County with 20% down, you need a household income of roughly $76,000 a year (about $1,780 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $91,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $14,100 | $2,220/mo | $95,000/yr |
| 10% (+PMI) | $28,100 | $2,120/mo | $91,000/yr |
| 20% | $56,200 | $1,780/mo | $76,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Franklin County
At about $208 per square foot, here is roughly how much home different budgets get you in Franklin County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 720 sq ft | below the local median — condos, smaller or older homes |
| $200k | 960 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1200 sq ft | around the typical home here |
| $300k | 1440 sq ft | around the typical home here |
| $400k | 1920 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Tennessee.
Estimate a specific home in Franklin County
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Franklin County home prices: frequently asked
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Browse all Tennessee cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.