Home prices
The median home in Franklin costs $139,200. It is approximately $172,240 (55%) lower compared to other places in this area.Compared to the entire country it is approximately $78,300 (36%) lower, and it is approximately $2,900 (2%) higher compared to the city of Knoxville.
Rents
Franklin's median monthly rent is $749. It is roughly $46 (5%) lower in comparison to nearby areas.It is roughly $313 (29%) lower in comparison to the nation as a whole, and it is approximately $96 (11%) lower in comparison to the city of Knoxville.
Nearby places
Forest Hills
Forest Hills is roughly 12 miles northeast from Franklin. Its real estate prices are a lot more expensive. Forest Hills's median home price is $246,600, which works out to $107,400 (43%) higher than Franklin. The rent there is pretty similar. In Forest Hills the median monthly rent is $770, which works out to $21 (2%) higher than Franklin.
Highlands
Highlands is about 12 miles southeast of Franklin. Real estate prices there are substantially more expensive. Highlands's median home cost is $538,600, which is $399,400 (74%) higher than Franklin. The rent there is somewhat more expensive. Highlands's median rent is $946 a month, which works out to $197 (20%) higher than Franklin.
Cullowhee
Cullowhee is about 13 miles northeast of Franklin. The housing prices there are significantly more expensive. The cost of the median home in Cullowhee is $230,300, which is $91,100 (39%) higher than Franklin. Its rents are a little less expensive. Cullowhee's median rent is $658 per month, which works out to $91 (13%) lower than Franklin.
Sky Valley
Sky Valley is approximately 14 miles south from Franklin. Housing prices there are substantially more expensive. The median home value in Sky Valley is $241,700, which is $102,500 (42%) higher than Franklin. Rents there are somewhat more expensive. Sky Valley's median rent is $925 per month, which comes out to $176 (19%) higher than Franklin.
Webster
Webster is approximately 14 miles northeast of Franklin. The real estate prices there are significantly more expensive. The median home in Webster is valued at $300,000, which works out to $160,800 (53%) higher than Franklin. Its rents are a little less expensive. The median rent in Webster is $675 a month, which works out to $74 (10%) lower than Franklin.
