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Median Home Price in Franklin, KY

The median home value in Franklin, KY is $251,551 as of 2026-06-30, down 1.97% from a year earlier.

Median Home Value

$251,551

Year-over-Year

-1.97%

Population

10,556

Franklin ranks #29 of 66 Kentucky cities tracked here by median home value, and sits 2.5% above the state's city median of $245,454. It sits in Simpson County, where the county-wide median is $257,334.

Crime in Franklin

Franklin police recorded a violent crime rate of 142 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 881 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Franklin

How much does a house cost in Franklin, KY?

The median home value in Franklin is $251,551. That's down 1.97% from a year earlier. That is about 2.5% above the typical county in Kentucky.

Is Franklin expensive compared to the surrounding area?

Homes in Franklin are cheaper than Simpson County as a whole, where the median is $257,334 — a difference of about 2.2%.

Is Franklin a safe place to live?

Franklin police reported 142 violent crimes per 100,000 residents, covering a population of about 10,556. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in KY

Bardstown · Winchester · Danville · Erlanger · Berea · Newport · Bellevue · Frankfort