States · Tennessee

Franklin County, Tennessee.

Typical home $315,281 (+2.5% in a year), asking rent $1,417 . Tullahoma-Manchester, TN metro.

What it costs per month · Franklin County, TN $1,655/mo

to buy the typical home at today's mortgage rate — +$951 (+135%) since Jan 2020.

What the home itself did
1 year
Up $7,666 +2%
$307,616$315,281 since Sep 2025
5 years
Up $66,262 +27%
$249,019$315,281 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Franklin County $1,655 Tennessee $1,737 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Franklin County$1,655
  • Tennessee$1,737
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in Franklin County, TN rose 2.5% over the past year — faster than the nation's +1.2%.

Franklin County, TN home values

Against the state and national figures. Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 Franklin County $315,281 Tennessee $330,844 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Franklin County$315,281
  • Tennessee$330,844
  • United States$366,157

Property taxes

The Census’s survey of what owners say they pay. Levy by levy, and a check of one home’s own bill, the site covers Ohio’s.

Median bill $1,246/yr ACS 2020–2024 · on a $236,900 median home
Effective rate 0.53% median bill ÷ median value, same survey
Payment ÷ income 33% of the median household income ($63,494, ACS 2020–2024) — 30% is the standard affordability line
HUD Fair Market Rent $980/mo two-bedroom, FY2026 — the official benchmark housing assistance is priced against
Where the bill is headed $1,658/yr an estimate: that same rate on today's $315,281 typical value — reassessment hasn't finished catching up

Got this county's reappraisal notice in hand? Check your property taxes — anonymous, and it helps close the two-year data gap.

The reassessment wedge (index, Dec 2017 = 100)

Home values move monthly; tax bills move when the assessor catches up. The space between the lines is the catch-up still to come — tax data is ACS, roughly two years behind, and that lag is the point. Where a roll segment appears, named by its release year, it bridges to the median bill on current assessment rolls (AssessorSearch Data Lab, a different instrument, shown only where it agrees with ACS levels).

100 150 200 2018 2019 2020 2021 2022 2023 2024 2025 2026 Home value 196 Median tax bill 140
100 150 200 2018 2022 2026
  • Home value196
  • Median tax bill140

Zip codes in Franklin County, TN

By share of each zip's area inside this county — a zip straddling a boundary appears here and in its neighbour, which is the truth of it.

Zip activate to sort by Zip City activate to sort by City In county sorted descending, activate to sort ascending Rent activate to sort by Rent 1-yr Δ activate to sort by 1-yr Δ Home value activate to sort by Home value 1-yr Δ activate to sort by 1-yr Δ
37324 Decherd 100% — — $253,995 +1.6%
37345 Huntland 100% — — $230,110 +5.1%
37318 Cowan 100% — — $188,663 +0.2%
37376 Sherwood 97% — — $198,768 +8.7%
37398 Winchester 94% $1,612 — $358,592 +1.3%
37330 Estill Springs 93% — — $314,053 +1.9%
37306 Belvidere 91% — — $308,291 +6.1%
37375 Sewanee 66% — — $420,437 +4.0%
37388 Tullahoma 34% $1,487 — $295,011 +2.1%
37328 Elora 5% — — $264,734 +6.2%
37335 Flintville 3% — — $256,623 +3.5%
37380 Sequatchie 1% — — $223,196 +0.9%
37356 Monteagle 1% — — $365,507 +1.3%
37352 Lynchburg 1% — — $352,565 +6.4%
37366 Pelham 0% — — $233,612 +9.0%