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Franklin

Franklin

Located in Simpson County

$240,487 Average Value
$173 Average Price per Sq Ft
115 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 Teresa Perkins, 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

Parks in this Area

Area Facts

Number of Homes
4,109
Number of Homes for Sale
115
Median Year Built
1971
Months of Supply
5.30
Average Single Family Home Size Sq Ft
1,585
Below the national average
1,931
Average Townhouse Size Sq Ft
1,856
Average 1 Bedroom Size Sq Ft
1,698
Median Lot Size Sq Ft
14,374

Open Houses

  • Sunday, May 3
    Open Sun 2PM - 4PM

    205 Dew Drop Dr, Franklin, KY 42134

    $499,900

    • 3 Beds
    • 3.5 Baths
    • 2,900 Sq Ft
    • 205 Dew Drop Dr
    • New 10 days ago

    MUST SEE!! Beautiful home with striking curb appeal & welcoming front porch. Inside the open-concept great room showcases a soaring ceiling and a cozy natural gas fireplace seamlessly flowing into the kitchen. The kitchen offers lovely cabinetry, stainless steel appliances, a convenient eat-at bar, and a spacious dining area. The main-level primary suite provides a comfortable retreat with a

    Agent Photo
    Jeff Wilkerson
    EXIT Realty Garden Gate Team
    (877) 542-8634
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  • Sunday, May 3
    Open Sun 2PM - 4PM

    615 Lockeland Way, Franklin, KY 42134

    $279,900

    • 3 Beds
    • 2 Baths
    • 1,220 Sq Ft
    • 615 Lockeland Way

    Built in 2023, this well-constructed home offers the perfect blend of modern finishes and functional design. Featuring 3 bedrooms and 2 full baths with two car garage. The open-concept layout creates a comfortable flow for everyday living and entertaining. The living area showcases treyed ceilings and recessed lighting. The kitchen is equipped with granite countertops, stainless steel appliances,

    Agent Photo
    Jeff Wilkerson
    EXIT Realty Garden Gate Team
    (270) 514-4452
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  • Sunday, May 3
    Open Sun 1PM - 3PM

    385 Perdue Rd, Franklin, KY 42134

    $389,900

    • 5 Beds
    • 3 Baths
    • 2,688 Sq Ft
    • 385 Perdue Rd
    • New 1 day ago

    One of my favorite homes ever! This spacious, comfortable, and beautiful 5-bedroom home is beautifully perched on nearly an acre (.81) that is surrounded by trees, quiet, and privacy on a dead-end country lane. The main level offers a large living and dining space, 3 bedrooms, and 2 full baths. The lower level is perfect for boomerang kids, in-law suite, or even could be a short term rental! It

    Jennifer Moss EXIT Prime Realty

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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

Rental Home Trends

Number of Homes for Rent
16
Median Rent
$1,272
Median Single Family Home Rent
$1,448
Median 4 Bedroom Single Family Home Rent
$1,950
Median Townhouse Rent
$1,150
Median 3 Bedroom Townhouse Rent
$1,400
Median Condo Rent
$1,073
Median 2 Bedroom Condo Rent
$1,050

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
$79,597
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%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
29°F
Average Summer High Temperature
90°F
Annual Snowfall
5''

Area Factors

Somewhat friendly

Bike Score®®

20 / 100

Somewhat friendly

Walk Score®®

20 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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