43Alpha

Franklin County, TN Housing Market Brief

county · TN · as of May 2026

Balanced

What is Franklin County, TN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+7.166
Inventory Health25%
+1.935
Affordability20%
24
Economic Strength20%
+3.151
Rental Yield15%
38

Where is Franklin County, TN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Franklin County, TN is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Franklin County, TN housing market data

MetricValueYoY
Median Sale Price$395K▲ +21.5%
Median Days on Market89 days▲ +32.8%
Months of Supply5.1-10.5%
Homes for Sale364▲ +12.7%
Homes Sold72▲ +26.3%
Median Price / Sq Ft$206▲ +0.2%
Sale-to-List Ratio98.0%-0.4%

How has Franklin County, TN’s Alpha Score moved?

Now: 43
3-period trend
Median sale price · 12 mo

Markets like Franklin County, TN

Frequently asked questions

Is Franklin County, TN a buyer's or seller's market?

As of May 2026, Franklin County, TN is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Franklin County, TN?

The median sale price in Franklin County, TN is $395K, having risen 21.5% over the past year.

How affordable is Franklin County, TN?

Franklin County, TN scores 24 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Franklin County, TN's Alpha Score?

Franklin County, TN's strongest dimension is Price Momentum (66/100) and its weakest is Affordability (24/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Franklin County, TN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.