Franklin, KY Homes under $200,000

/7
$144,900
- Land
- 3.00 Acres
- $48,300 per Acre
548 Vances Mill Rd, Franklin, KY 42134

Cleared and ready to build on, 3 acres available in North Simpson County. Just minutes from Franklin, Bowling Green & KY/TN state line. Additional acreage available.

Ashley Searcy Crye-Leike Executive Realty, Inc.

548 Vances Mill Rd, Franklin, KY 42134
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/25
$189,900
- 2 Beds
- 2 Baths
- 1,120 Sq Ft
511 Hall-Leffew Rd, Franklin, KY 42134

This one-of-a-kind, fully renovated 2-bedroom, 2-bathroom home offers 1,120 sq ft of beautifully upgraded living space on 1.29 acres. Move-in ready with a brand-new HVAC system installed in 2023 and continued renovations through 2024-2025, this home has been completely transformed inside and out. The interior was fully gutted and rebuilt with texturized walls, fresh paint, new trim, baseboards,

Amanda Griffis Grateful Acres Realty

511 Hall-Leffew Rd, Franklin, KY 42134
/4
$144,900
- Land
- 3.02 Acres
- $47,980 per Acre
Lot 3 Vances Mill Rd, Franklin, KY 42134

3 acres between Franklin and Bowling Green. Cleared and ready for your forever home. No deed restrictions. Additional acreage available.

Stacy House Crye-Leike Executive Realty

Lot 3 Vances Mill Rd, Franklin, KY 42134
/5
$129,900
- 2 Beds
- 1 Bath
- 986 Sq Ft
511 Johnson St, Franklin, KY 42134

DO NOT DISTURB TENANTS. Investor Special!! House is currently rented. This sale includes lots 7, 8, & 9 of the W.H. Meador Subdivsion all being sold together. Tons of potential with this one! Bring us your offer!! Cash or Conventional Only!

Britney Smith RE/MAX Creative Realty

511 Johnson St, Franklin, KY 42134
/22
$199,999
- 3 Beds
- 1 Bath
- 1,540 Sq Ft
311 W Madison St, Franklin, KY 42134

House is being sold AS-IS.

Bethany Andrews Crye-Leike Executive Realty

311 W Madison St, Franklin, KY 42134
/26
$194,900
- 2 Beds
- 1 Bath
- 1,088 Sq Ft
115 Peden Mill Rd, Franklin, KY 42134

Charming brick home on a spacious ~0.7-acre lot, offering privacy and convenience. Recently updated with fresh paint, new LVP flooring, new windows, new roof, and new HVAC. The property features mature trees, deck, and covered patio perfect for outdoor living. Inside, the remodeled interior offers a cozy, country feel. Located seconds from Walmart and the interstate.. Just a short drive to the

Kory McDonald Crye-Leike Executive Realty

115 Peden Mill Rd, Franklin, KY 42134
/16
$196,000
530 W Washington St, Franklin, KY 42134

Don't miss this renovated duplex in the heart of Franklin, KY—perfect for investors or owner-occupants! This turnkey property includes a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, both featuring modern updates. Each unit has new flooring, fresh paint, updated kitchens, and remodeled bathrooms. Conveniently located near downtown Franklin, with easy access to shopping, dining, and I-65

Debbie Johnson Keller Williams First Choice Realty

530 W Washington St, Franklin, KY 42134
/17
$135,000
- Land
- 3.14 Acres
- $42,994 per Acre
0 Macedonia Rd Unit RA20240780, Franklin, KY 42134

Small piece of heaven close to all amenities. This property is within minutes of everything-- schools, hospitals, convenient to the interstate and all of your shopping needs. Water and electricity available.

Nichole Mann CB/The Advantage Realtor Group

0 Macedonia Rd Unit RA20240780, Franklin, KY 42134

Kentucky Franklin

Home Trends in Franklin, KY

On average, homes in Franklin, KY sell after 60 days on the market compared to the national average of 47 days. The average sale price for homes in Franklin, KY over the last 12 months is $286,047, up 6% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$259,900

Median Single Family Price

$271,450

Median 2 Bedroom Price

$132,000

Average Price Per Sq Ft

$181

Number of Homes for Sale

144

Last 12 months Home Sales

309

Months of Supply

5.60

Median List Price

$274,900

Median Discount From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Franklin, you'll find a diverse selection of properties with 8 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Franklin, KY.

Franklin Types of Homes for Sale

Franklin Real Estate Listings

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