Housing · Franklin
Franklin, KY housing market
The typical Franklin home is worth about $249,000, about the same as a year ago, 7% above the Kentucky typical home.
Home values, sales, trends and how Franklin compares with the towns next door — updated as new data is published.
The market right now
Franklin at a glance
Typical home value
$249K
▼ 0.4% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
FranklinKentucky
Show as a table
| January | Franklin | Kentucky |
|---|---|---|
| 2017 | $121,000 | $131,000 |
| 2018 | $125,000 | $138,000 |
| 2019 | $132,000 | $146,000 |
| 2020 | $145,000 | $155,000 |
| 2021 | $168,000 | $173,000 |
| 2022 | $198,000 | $191,000 |
| 2023 | $223,000 | $207,000 |
| 2024 | $238,000 | $216,000 |
| 2025 | $251,000 | $229,000 |
| 2026 | $250,000 | $233,000 |
| August 2026 | $249,000 | $233,000 |
Affordability
4.2 years of income
The typical Franklin home costs about 4.2 years of the town's median household income, more than across Kentucky (3.7 years).
How Franklin ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
55%
Kentucky: 68.3%
Median tax bill
$1,313
Kentucky: $1,544
Median rent
$1,010
Kentucky: $967
Typical home built
1973
Kentucky: 1982
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.