Rise In Franklin Home Prices Is Outpacing Nashville And Other Nearby Cities

Dated: 09/05/2017

Views: 508

by TJ Anderson


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This new piece in The Tennessean probably came as no surprise to anyone who’s been searching for a new home in Williamson County: “Franklin home prices outpace neighboring cities” notes that, over the past year, homes in that much-desired city have jumped up 12.6 percent in price, well above Nashville (10.4 percent) and almost double that of rapidly rising Murfreesboro.


As of July 2017, the median home price in Franklin was $516,223. And the “starter home” price range now, the story points out, is $300,000 to $350,000.


Franklin residents (and homebuyers looking to move there) understand the impetus behind the growth well. Add high-rated schools, a vibrant downtown with a lauded dining scene and a busy job market together, throw in a mix of beautiful new-construction homes and stunning historic structures, and you have a serious quality of living, and major appeal.


So, yes, it can be tough to find a Franklin home on a tight budget, if you’re just starting out. But it’s not impossible, and I love a challenge.


Are you looking to buy your first home in Franklin? Trying to find a place for your young family to grow? Here’s a quick look at what options look like in that “starter” price range right now. 


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1309 Twin Oaks Dr

Franklin, TN 37064

$275,000

Super cute, totally updated, barely two miles from Historic Downtown Franklin and a decent amount of space for a young family, with 3 beds and 2 baths. The clincher: It’s listed well under that “starter” budget in Franklin, too.


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1602 Shadow Green Dr

Franklin, TN 37064

$324,900

The Shadow Green community has some great amenities (like a dog park and walking trails) and classic row-house charm, just down the way from downtown too. This particular home is nearly new, built in 2014, and has high-end finishes throughout its 1674 square feet — hardwoods, granite, stainless steel, etc. You sacrifice on property size, but that comes with the benefit of maintenance-free living.


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1013 Meandering Way

Franklin, TN 37067

$329,900

Prefer to have a little bit of property to call your own? This updated home in Franklin has a fenced-in yard with space for your dogs to roam, and a spacious deck for outdoor entertaining. Lots of room inside too, with 3 beds and 2 baths, and more than 1800 square feet, including a big, cool bonus room.


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6030 Keats Street #201

Franklin, TN 37064

$369,900

Westhaven is one of my favorite Franklin communities — the tight-knit community feel and old-South charm make it a spectacular place for families to set roots and grow. At the “starter” budget, you’re most likely looking at a townhome or condo, but you have great options, like this brand-new 2-bed, 2-bath, thoroughly upscale Charleston II unit.


Even at what’s considered a “starter” budget, you can still find pretty spectacular homes in Franklin. Is a Williamson County address at the top of your must-have list? I’d love to track down the perfect place for you. Call or email TJ Anderson homes here, and let me know what you’re looking for.


Properties are listed with their own respective real estate firms, and not under agreement with TJ Anderson and/or Benchmark Realty, LLC.

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TJ Anderson

TJ Anderson is a Nashville Realtor with Benchmark Realty who's helped countless clients both buy a home and sell a home in Nashville, Tennessee. He blogs about Nashville regularly, from Nashville-area....

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