Housing in 37069 Franklin, TN is quite expensive compared to other areas of the United States. The median value for a house in this area is $812,700, almost two and a half times greater than the national median value of $338,100. In recent years there has been an even larger increase in housing prices with an appreciation rate of 15.74%, more than double the national average of 8.27%. These high prices make it difficult for many people to afford housing in this area, but continue to make it a desirable spot for real estate investors.
The median home cost in Franklin (zip 37069) is $812,700. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Franklin (zip 37069) is up 25.0%.
Average Age of Homes
- The median age of Franklin (zip 37069) real estate is 25 years old
The Rental Market in Franklin (zip 37069)
- Renters make up 9.2% of the Franklin (zip 37069) population
- 0.4% of houses and apartments in Franklin (zip 37069), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.