Market Overview
Home Prices in Frankewing, TN
The median home value in Frankewing, TN is $302,188 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Frankewing are priced26% below average.
Price History
Frankewing Home Price Trend
2022
$267,653
$268K
—
2023
$270,136
$270K
+0.9%
2024
$285,313
$285K
+5.6%
2025
$284,945
$285K
-0.1%
2026
$302,188
$302K
+6.1%
City Comparison
Frankewing vs. National Median
🏠 Frankewing
$302,188
National Median
$410,000
At $302,188, homes in Frankewing cost 26% below the national median of $410,000. This makes Frankewing a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Frankewing?
20% Down Payment
$60,438
on $302,188
Monthly P&I
$1,576/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,002/mo
incl. taxes & insurance
Income Needed
$80,080
gross annual (30% rule)
10% Down Option
$30,219
+ PMI applies
Loan Amount (20% dn)
$241,750
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Frankewing, TN?
The median home value in Frankewing is $302,188 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Frankewing?
Over the past year, home values in Frankewing have increased by 6.1%.
How much do I need to earn to buy a home in Frankewing?
To comfortably afford the median home price of $302,188 with a 20% down payment ($60,438) at today's rates (6.8%), you'd need a gross annual income of approximately $80,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Frankewing compare to the national average home price?
The national median home value is approximately $410,000. At $302,188, homes in Frankewing are 26% below the national average.