Franklin

Franklin

Located in Simpson County

$181 Average Price per Sq Ft
168 Homes For Sale

Home of Kentucky Downs and Mint Casino

Franklin is best known for Kentucky Downs, a Thoroughbred track that hosts some of the most prestigious horse races in the country, including the Kentucky Turf Cup and the Mint Million. Next door, Mint Casino has over 1,000 slot machines and table games as well as a steakhouse and a bar. “The casino also attracts a lot of performers, and its a unique for a small town to have that kind of entertainment,” says Realtor Justin Reesy, who sells homes in the city with Keller Williams First Choice Realty. Although employment is scarce in Franklin, the roughly 10,400 residents benefit from access to the nearby cities of Bowling Green and Nashville, where the country music industry is based. “Nashville has a great nightlife, so a lot of people go there to unwind,” Reesy says.

The rural town has a few restaurants and retailers, so the main draws outside its access to largers cities are the relative affordability and moderately rated school district.

Southern States Co-op is a large supplier for surrounding farms in Franklin.
Southern States Co-op is a large supplier for surrounding farms in Franklin.
One of the largest attractions to Franklin is The Mint Casino.
One of the largest attractions to Franklin is The Mint Casino.
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Relatively affordable single-family homes

Most of the houses were built between the mid-19th and mid-20th centuries. There is a mix of ranch styles, bungalows and wood-frame houses. On the city’s south end, there are several recently built developments that include New Traditional styles and Contemporary styles. Franklin’s median single-family home price is $275,000, which is in line with the state median but well below Nashville’s median and the national median. “People are mainly drawn here because the real estate is really affordable compared to Nashville and Bowling Green,” Reesy says.

There are new craftsman homes being built throughout Franklin.
There are new craftsman homes being built throughout Franklin.
There are several large wood frame style homes in Franklin.
There are several large wood frame style homes in Franklin.
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Moderately rated Simpson County Public Schools

Simpson County Public Schools has a B-plus Niche rating and a 96% graduation rate. The district’s math and reading proficiencies are about the state and national averages. Goodnight Memorial Public Library hosts story times and yoga classes.

Franklin Elementary School has an above average rating on Great Schools.
Franklin Elementary School has an above average rating on Great Schools.
Franklin-Simpson High School is the only high school serving Franklin's population.
Franklin-Simpson High School is the only high school serving Franklin's population.
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Sports at Jim Roberts Community Park

Public greenspaces are somewhat limited. The largest greenspace is Jim Roberts Community Park, which has horse show rings, multiple pavilions, a walking path along a creek, several athletic amenities and a picnic area. In the surrounding countryside, there are campsites, wineries and public golf courses.

The temperature rarely falls below into the teens and rarely rises into the 90s.

Jim Roberts Community Park has walking trails and sports fields in Franklin.
Jim Roberts Community Park has walking trails and sports fields in Franklin.
Franklin is home to Dads Bluegrass Campground.
Franklin is home to Dads Bluegrass Campground.
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Shopping and dining along Main Street

The city’s Main Street is lined with fast-food restaurants as well as local options like a diner and several cafes. Further south along Nashville Road, there are additional fast-food spots as well as several Mexican spots. There are also a few grocery stores. “A lot of people head to Nashville or Bowling Green for dining and retail,” Reesy says.

Mill House Cafe is a hotspot for the locals located on Franklin's Square.
Mill House Cafe is a hotspot for the locals located on Franklin's Square.
Franklin is home to the Frosty Freeze, a local ice cream shop that opened in 1956.
Franklin is home to the Frosty Freeze, a local ice cream shop that opened in 1956.
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Commuting to Bowling Green and Nashville

The city does not have public transportation options, so residents rely on cars. The area’s top employers are almost all fast-food franchises and retailers, so many people commute about 24 miles north on Interstate 65 to Bowling Green, where top employers include Houchens Industries and Fruit of the Loom. Commuters also travel about 45 miles south on Interstate 65 to Nashville, where top employers include Nissan North America and the State of Tennessee. The closest international airport is in Nashville as well.

Franklin’s medical center offers emergency room care. For more advanced care, people can visit TriStar Greenview Regional Hospital in Bowling Green.

According to FBI data, Franklin’s violent crime rate is below state and national averages and the property crime rate is above state and national averages. Over the past half-decade, the violent crime rate has decreased and the property crime rate has remained stable.

Franklin is located right off i65 with easy access to larger nearby cities.
Franklin is located right off i65 with easy access to larger nearby cities.
Franklin has a few Vanderbuilt clinics and emergency rooms.
Franklin has a few Vanderbuilt clinics and emergency rooms.
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William Palicia
Written By
William Palicia
Nathan Pedigo
Photography Contributed By
Nathan Pedigo
Kyo Nguyen
Video By
Kyo Nguyen

Interested in learning more about homes in this area? Reach out to Steve Cline, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Franklin Housing Trends

Housing Trends

Median List Price
$279,900
Median Sale Price
$265,312
Median Single Family Sale Price
$279,900
Median 2 Bedroom Sale Price
$132,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
324
Median Home Sale Price YoY Change
$5
Average Price Per Sq Ft
$181

Neighborhood Facts

Number of Homes for Sale
168
Months of Supply
6.20

Open Houses

  • Tuesday, Jun 17
    11am - 1pm

    1137 Bennington Place, Franklin, KY 42134

    $599,900

    • 4 Beds
    • 2.5 Baths
    • 2,776 Sq Ft
    • 1137 Bennington Place
    • New 3 days ago

    Elegance, comfort, and convenience all come together in this beautiful home near the KY/TN line. Offering 4 Bedrooms, 2.5 Baths with all bedrooms on the main level. Upstairs bonus room with closet. Open-concept great room with gas fireplace. Gorgeous hardwood floors & recessed lighting. Gourmet kitchen: gas stove, stainless appliances, custom soft-close cabinetry, spacious island. Built-in

    Jeff Wilkerson EXIT Realty Garden Gate Team

  • Sunday, Jun 15
    2 - 4pm

    204 West St, Franklin, KY 42134

    $209,900

    • 3 Beds
    • 1.5 Baths
    • 1,118 Sq Ft
    • 204 West St
    • New 16 days ago

    Cute home in a great location with a fully fenced yard, storage building, a covered porch and back patio. No carpet-easy to clean flooring throughout. Perfect for relaxing, entertaining or letting pets play. Don't miss this house at a great price!

    Lydia Smith Towe Keller Williams First Choice Realty

  • Sunday, Jun 15
    2 - 4pm

    203 Molly Ave, Franklin, KY 42134

    $249,900

    • 3 Beds
    • 2.5 Baths
    • 1,647 Sq Ft
    • 203 Molly Ave

    This 3 bed 2.5 bath home boasts over 1,600sqft and is completely renovated! Brand new HVAC and ductwork, electrical, plumbing, flooring, paint, hot water heater, all new appliances, quartz countertops, stunning master bathroom with rain down shower and more!! Step outside you will find a fenced in backyard, large covered deck, as well as a spacious patio with a fire pit, creating an ideal

    Morgan Robertson Coldwell Banker Legacy Group

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Franklin Has More Owners

Demographics

Total Population
10,009
Median Age
39
Population under 18
25.5%
On par with the national average
23.8%
Population over 65
18%
On par with the national average
19.1%

Finances

Median Household Income
$53,205
Significantly below the national average
$71,702
Average Household Income
$60,086

Education and Workforce

High School Graduates
88.6%
College Graduates
12.8%
Below the national average
34.1%
Advanced Degrees
4.3%
Below the national average
13.3%
% Population in Labor Force
58%
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Franklin