37Alpha

Franklin County, TN Housing Market Brief

county · TN · as of August 2026

Buyer's

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%
-12.054
Inventory Health25%
+16.753
Affordability20%
+3.215
Economic Strength20%
41
Rental Yield15%
+3.213

Where is Franklin County, TN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Franklin County, TN is classified as Recovering turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Franklin County, TN?

Our model forecasts Franklin County, TN’s home prices to decline about 5.4% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Franklin County, TN housing market data

MetricValueYoY
Median Sale Price$376K▲ +10.7%
Median Days on Market86 days-8.5%
Months of Supply5.3-30.3%
Homes for Sale354▲ +0.9%
Homes Sold69▲ +43.8%
Median Price / Sq Ft$213▲ +6.5%

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

Now: 37
12-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 August 2026, Franklin County, TN is classified as a Buyer's Market, based on its Alpha Score of 37 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 $376K, having risen 10.7% over the past year.

How affordable is Franklin County, TN?

Franklin County, TN scores 15 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 (54/100) and its weakest is Rental Yield (13/100). 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.