Home prices
Franklin's median home value is $412,400. This is roughly $203,320 (33%) lower compared to nearby areas.In comparison to the rest of the nation it is approximately $194,900 (89%) higher, and is roughly $229,500 (125%) higher in comparison to the city of Huntsville.
Rents
The median rent in Franklin is $1,481 a month. Compared to its surrounding areas this is roughly $813 (35%) lower.Compared to the entire nation it is about $419 (39%) higher, and compared to the city of Huntsville it is roughly $654 (79%) higher.
Nearby places
Brentwood
Brentwood is Franklin's neighbor to the northeast. The housing prices there are substantially more expensive. The median home value in Brentwood is $655,400, which is $243,000 (37%) higher than Franklin. Rent there is a little more expensive. The median monthly rent in Brentwood is $2,085, which comes out to $604 (28%) higher than Franklin.
Thompson's Station
Thompson's Station is Franklin's neighbor to the south. Its real estate prices are similar. The median home value in Thompson's Station is $420,400, which works out to $8,000 (1%) higher than Franklin. Its rents are a little more expensive. In Thompson's Station the median monthly rent is $1,827, which works out to $346 (18%) higher than Franklin.
Nolensville
Nolensville is approximately 9 miles east from Franklin. Its real estate prices are a bit more expensive. Nolensville's median home value is $455,700, which is $43,300 (9%) higher than Franklin. The rent there is significantly more expensive. In Nolensville the median rent is $2,263 per month, which works out to $782 (34%) higher than Franklin.
Forest Hills
Forest Hills is about 10 miles north from Franklin. The housing prices there are significantly more expensive. The cost of the median home in Forest Hills is $853,000, which comes out to $440,600 (51%) higher than Franklin. The rent there is significantly more expensive. Forest Hills's median rent is $3,234 a month, which works out to $1,753 (54%) higher than Franklin.
Oak Hill
Oak Hill is approximately 11 miles north of Franklin. Real estate prices there are substantially more expensive. The median home in Oak Hill is valued at $694,100, which comes out to $281,700 (40%) higher than Franklin. Rents there are somewhat more expensive. Oak Hill's median rent is $2,059 per month, which works out to $578 (28%) higher than Franklin.