Franklin, TN homes $1 million and up
How many Franklin homes are valued at $1 million or more, next to nearby cities, from the U.S. Census Bureau and Redfin.
Franklin homes by value
The Census Bureau estimates that 18.7% of owner-occupied homes in Franklin are valued at $1 million or more, and 58.6% between $500,000 and $999,999. Redfin's median sale price was $863,000 as of August 31, 2026. Census values are the owners' own estimates, so they are not the same as sale prices.
Share of homes valued at $1 million or more
Numbers only, listed alphabetically after Franklin. These are different places with different home types, so a higher or lower share is not a ranking.
| City | $500K to $999K | $1M or more | Median home value |
|---|---|---|---|
| Franklin | 58.6% | 18.7% | $705,400 |
| Brentwood | 38.2% | 52.6% | $1,031,300 |
| Columbia | 7.2% | 0.8% | $308,700 |
| Murfreesboro | 25.8% | 1.9% | $402,100 |
| Nolensville | 63.3% | 18.4% | $777,800 |
| Spring Hill | 47.2% | 1.4% | $493,800 |
| Thompson's Station | 52.7% | 23.0% | $700,500 |
Franklin $1 million homes FAQ
What share of Franklin homes are worth $1 million or more?
According to the Census Bureau's American Community Survey (2020-2024), 18.7% of Franklin city's owner-occupied homes are valued at $1 million or more, and 58.6% between $500,000 and $999,999. Values are the owners' own estimates.
What is the median sale price in Franklin?
$863,000 for the three months ending August 31, 2026, up 12.8% from a year earlier (source: Redfin Data Center).
Why does the Census share differ from the Redfin median?
The Census figure is the share of owner-occupied homes by the owner's own value estimate, averaged over five years of survey responses. Redfin's median is the middle price of homes that actually sold in the most recent three months. They measure different things.
Where can I see homes over $1 million in Franklin?
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Source: U.S. Census Bureau, American Community Survey, 5-year estimates for 2020-2024. Estimates have margins of error. This page is general information, not legal, tax, lending or financial advice. I do not rank neighborhoods or steer buyers toward or away from any area. Equal Housing Opportunity.
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