Foreclosure Homes in Franklin, TN

Current Market Conditions in Franklin, TN

Franklin's real estate market has shown steady growth, with a notable increase in housing demand driven by its desirable location and quality of life. Homes here often experience quick turnover, making it a competitive market for potential buyers. Investors can find a range of properties, from historic homes to modern new builds, appealing to diverse buyer preferences.

Recent trends indicate a rising interest in single-family homes, particularly in family-friendly neighborhoods and those with access to top-rated schools. The growing tech and business sectors in the Nashville metropolitan area are also positively influencing Franklin's property values, signaling a promising outlook for real estate investments.

Rent Prices In Franklin, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, TN, is on a rollercoaster ride. The average rent price in Franklin, TN, is $2,451.00. Indeed, when looking to rent in Franklin, TN, you can expect to pay as little as $720.00 or as much as $4,140.00, with the average rent median estimated to be $2,460.00. The good news is that finding an affordable and desirable property to rent in Franklin, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.