| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $318,575 | +7.6% YoY |
| Median price per sq ft | $182 | 1,759 sq ft median |
| Median days on market | 65 | -11% YoY |
| Active listings | 132 | -3% YoY |
| New listings this month | 24 | September 2026 |
| Listings with a price cut | 25% | Share of active |
| Pending-to-active ratio | 39.0% | 52 pending |
| Inventory vs 2019 | 145% | Active listings vs same month in 2019 |
Metropolitan market · Kentucky · September 2026 data
What is the Franklin, KY real estate market doing?
As of September 2026, the median home listed in Franklin, KY asks $318,575, up 7.6% year over year. Homes spend a median of 65 days on market, with 132 active listings and 25% carrying a price cut; pending contracts equal 39% of active listings, and inventory sits at 145% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.
Median listing price
$318,575
▲ 7.6% YoY
Median $ / sq ft
$182
1,759 sq ft median
Median days on market
65
September 2026
Active listings
132
For sale now
New listings
24
September 2026
Listings with price cuts
25%
Share of active
Inventory vs 2019
145%
Same month, 2019 = 100
Pending / active
39%
Contract activity
What is the Franklin, KY housing market doing right now?
The Franklin, KY housing market lists at a $318,575 median as of September 2026, up 7.6% year over year, with a 65-day median market time and 132 homes for sale (25% with a price cut). Active inventory is 145% of the 2019 level, reading as a balanced market by days-on-market pace.
Franklin housing market statistics
The table summarizes Franklin's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Franklin?
Franklin home prices are up 7.6% year over year and +0.5% month over month as of September 2026, at a $318,575 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Franklin KY · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Franklin KY · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Franklin?
Franklin has 132 active listings, 24 new this month, 52 pending as of September 2026. About 25% of active listings have cut their price, and inventory sits at 145% of its 2019 level — a balanced market by pace.
Is Franklin a good real estate investment?
Franklin scores 43/100 on WealthyBud's composite Investor Score, ranking #599 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
43/100
#599 of 933 covered metros
Franklin scores 43/100 on our composite Investor Score (#599 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 145% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 7.6% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Franklin ranks on the trending markets index.
How much is a monthly mortgage payment in Franklin?
A home at Franklin's $318,575 median listing runs about $1,744 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$1,574/mo
−$170/mo vs today
At today's rate · 7.28%
$1,744/mo
National weekly average
If rates rise 1% · 8.28%
$1,920/mo
+$176/mo vs today
Principal & interest on the $318,575 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Franklin?
To buy Franklin’s $318,575 median listing with 20% down, a household needs about $82,000 a year in gross income, keeping principal, interest and property tax ($1,914/mo) at 28% of income. That is 1.4× the area’s $57,392 median household income, so a typical Franklin household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $318,575 | September 2026 |
| Down payment (20%) | $63,715 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $1,744/mo | Rate as of 2026-10-01 |
| Property tax (0.64% effective rate) | $170/mo | Census ACS |
| Income needed (28% rule) | $82,000 | Gross household income / yr |
| Median household income | $57,392 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Franklin housing market?
Longer-run demand in Franklin shows up in 396 homes permitted in 2025; net migration of +305 residents. Natural-hazard risk rates Very Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
396
▲ 94.1% vs 2024
20.0 per 1,000 residents
Net migration (2022–2023)
+305
▲ people, via tax-return records
net income flow +$8.42M/yr
Natural-hazard risk
Very Low
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadFranklin housing market FAQ
What is the median home price in Franklin?
As of September 2026, the median listing price in Franklin, KY is $318,575, up 7.6% year over year (source: public records and industry data). Figures cover the Franklin, KY metro area.
How much does it cost to buy a home in Franklin?
The median home listed in Franklin asks $318,575 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,744 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Franklin?
The median property in Franklin spends 65 days on the market, with 132 homes actively listed and 25% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Franklin?
With a median 65 days on market and 25% of active listings carrying a price cut, pending contracts at 39% of active listings, Franklin reads as a balanced market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Franklin a good place to invest in real estate?
Franklin scores 43/100 on WealthyBud's Investor Score, ranking #599 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Franklin?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Franklin and the wider Kentucky market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Franklin, KY metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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