53Alpha

Franklin County, TN Housing Market Brief

county · TN · score computed October 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%
●68
Inventory Health25%
●93

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●23
Economic Strength20%
●43
Rental Yield15%
●22

Where is Franklin County, TN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Franklin County, TN is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Franklin County, TN?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Franklin County, TN housing market data

MetricValueYoYSource
Median Sale Price$326K▼ -6.8%Redfin
Median Days on Market92 days▼ -4.2%Redfin
Months of Supply5.3▲ +3.9%Redfin
Homes for Sale351▲ +3.5%Redfin
Homes Sold670%Redfin
Median Price / Sq Ft$198▲ +0.7%Redfin

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

Now: 53
2-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?

In the scores computed October 2026, Franklin County, TN is classified as a Balanced Market, based on its Alpha Score of 53 out of 100. The classification reflects current price, building, 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 $326K, having fallen 6.8% over the past year, according to Redfin.

How affordable is Franklin County, TN?

Franklin County, TN scores 23 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 Inventory Health (93/100) and its weakest is Rental Yield (22/100). 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.