Market Intelligence · TN / Franklin

Franklin, TN 37064 Housing Market

The typical home in Franklin, Tennessee 37064 is valued at $911,270, up 2.3% over the past year. The median list price stands at $1,112,500, with homes spending a median of 61 days on the market.

Updated September 2026Median value$901K

The median home value in Franklin, TN 37064 is $901K as of September 2026, up 2.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 37064 range

$829K to $974K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.8% over 12 months

Sep 2025$877K

Low $877KHigh $901K

Sep 2026$901K

The numbers

What is the 37064 housing market like?

As of September 2026

Typical home value

$901K

2.8%YoY

Median list price

$1.11M

5.1%MoM

Days on market

1.7%MoM

Homes for sale

481

1.0%MoM

Price cuts

18.5%

27.4%MoM

New listings

150

14.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

37064 housing market forecast 2027

+0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37064 to rise 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 37064 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 37064?

Zillow's forecast does not call for a drop: it expects typical home values in 37064 to rise 0.8% by September 2027, after a 2.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 37064 home prices compare?

37064$901,467
Franklin$941,539
Tennessee$265,881
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Franklin: 3 ZIPs; Tennessee: 587 ZIPs; United States: 26,262 ZIPs).

Context

Franklin's 37064 ZIP has 481 homes for sale as of September 2026, with 150 new listings added that month. The median list price of $1,112,500 reflects the area's position in the upper end of the regional market. At 61 days on market, homes are taking a moderate amount of time to sell. One in five listings, or 18.5%, have seen a price cut. For sellers, the combination of steady appreciation, moderate time on market, and increasing price adjustments suggests a balanced market where pricing strategy matters.

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Down payment20% · $180,293

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Common questions

What people ask us.

What is the typical home value in 37064?

The typical home in Franklin 37064 is valued at $911,270, up 2.3% over the past year.

How long do homes typically stay on the market?

As of September 2026, the median days on market is 61.

How many homes are currently for sale in this ZIP?

There are 481 homes for sale in 37064 as of September 2026, with 150 new listings that month.

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Nearby ZIP markets.

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