Franklin Homes under $1 million

Welcome to Franklin, Tennessee—a charming city that beautifully blends Southern hospitality with modern living. Nestled just south of Nashville, Franklin is renowned for its rich history, vibrant culture, and stunning landscapes. With its picturesque downtown area lined with quaint boutiques, delectable eateries, and historic sites, Franklin offers a unique small-town feel while being just a short drive from the bustling energy of Music City.

Franklin is not only a great place to visit but also an incredible place to call home. For those seeking affordable housing options, the city presents a range of beautiful homes priced under $1 million. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Franklin has something for everyone. From charming bungalows with vintage character to modern single-family homes featuring spacious layouts and contemporary finishes, the real estate market here is diverse and inviting.

Families will appreciate the top-rated schools, lush parks, and a strong sense of community that Franklin fosters. Outdoor enthusiasts can enjoy the scenic beauty of the surrounding countryside, including hiking trails, rivers, and parks that provide ample opportunities for recreation and relaxation.

With its affordable housing options and a lifestyle that embraces both tradition and innovation, Franklin is not just a place to live—it’s a place to thrive. Come discover your dream home in this enchanting city, where Southern charm meets modern convenience. Your new adventure awaits in Franklin!

Newest Franklin Homes under $1 million

$549,900

3 Beds ⋅ 2 Baths ⋅ 5112621 MLS

*New, to be built, pictures are a facsimile of previous houses built*Beautiful three bedroom, two bath Ranch on 1.1 Acres. Open concept kitchen, dining and living room with cathedral ceilings. Granite counter tops, shaker style cabinets, soft close doors/drawers and kitchen island. Dining room with glass slider to your back deck overlooking your back yard. Primary bedroom with 3/4 bath, walk in closet and laundry room. Two additional bedrooms and full bath. Two car attached garage with direct entry. Full basement with plenty of storage space and could potentially be a great workshop or whatever you desire. This home has a desired floor plan! Just enough acreage for entertaining, gardening or to even have livestock. Great commuter location, within minutes to I93 and all Lakes Region/Central NH amenities. Don't miss this opportunity!

373 Smith Hill Rd, Franklin

$599,000

6 Beds ⋅ 3 Baths ⋅ 5112242 MLS

Meticulously updated and beautifully maintained, this classic New England home blends timeless character with the space, comfort and amenities of modern living. With its inviting curb appeal, professional landscape design, in-ground pool and attached barn-style garage, 121 Prospect St makes an impression before you even step inside. The home offers six bedrooms, three baths and plenty of room for guests, home offices or multigenerational living. Hardwood floors, original built-ins, a fireplace and a sunroom preserve the home's warmth and character. Thoughtful updates include granite countertops and a mini-split system. A recently completed renovation added a spacious primary suite with a cathedral ceiling and walk in closet. The outdoor spaces are equally impressive. Step out onto the rear patio and enjoy the newly renovated pool, overlooked by the back deck. Fresh pavers set the scene for summer gatherings, cookouts or quiet evenings poolside, and the landscaped lawn and fire pit area give you even more room to relax and entertain. This home offers easy access to some of the best recreation the Lakes Region has to offer. Webster Lake, hiking and snowmobile trails, kayaking and river recreation are all close by. Franklin Falls Recreation Area offers miles of hiking and mountain biking trails, and the city's growing outdoor scene puts four-season fun close to home. Interstate 93 is minutes away for trips to Concord, the White Mountains and destinations throughout New Hampshire. Nearly two centuries of New England character meet modern updates, generous living space and a backyard made to be enjoyed. 121 Prospect Street is a distinctive Franklin property ready for its next chapter. Join us for open houses Saturday, October 10th and Sunday, October 11th, 11am–1pm.

121 Prospect St, Franklin

$165,000

1 Beds ⋅ 1 Baths ⋅ 5112235 MLS

This house was built in 1830, and accordingly has need for some updating. It has the kinds of quirks you would expect from such an old home- sloping floors, low ceilings, and a need for some TLC. It also has a good deal of charm- it is essentially a cottage, right out of a story book. If a quaint home with potential, (and 2 acres of land land) appeals to you, this could be your dream home. It is located in a country setting, but only a roughly 5 minute ride from Franklin's up and coming downtown. Some of the issues you will encounter: the owner estimates that it has a 75 amp fuse box. The roof was re-done about 25 years ago, and while it hasn't leaked, it does need some work. The septic has never had an issue yet, but it is pre-1988. The windows are very old, wood framed, single paned. There is insulation in the attic, but it would seem there is none in the walls. The house is very old, and has some interesting quirks, but it has been in decent shape for the current renter (who is scheduled to move out in the next week or so). There is city water, and trash collection, high speed internet.

460 Prospect St, Franklin

$97,900

4 Beds ⋅ 1 Baths ⋅ 5112150 MLS

7 room, 4 bedroom, 1 bath house featuring 1844 feet of living space. With a small barn, all located on a 0.75 acre lot. Sold as-is.

4748 Lake Rd, Franklin

$415,000

3 Beds ⋅ 2 Baths ⋅ 5111683 MLS

Welcome to 96 Babbitt Road in Franklin! This inviting 3-bedroom, 2-bath home offers an open living area and a comfortable layout designed for everyday living. Built in 1999, the home offers the convenience of a newer construction while providing plenty of opportunity to make the space your own. Situated on a manageable 0.38-acre lot, the property offers a nice balance of outdoor space without the extensive maintenance that comes with a larger parcel. Inside, you’ll find three bedrooms, two bathrooms, and versatile living space that can accommodate a variety of needs. Located in a convenient Franklin location, this home puts you within easy reach of the area’s recreation, shopping, dining, schools, and amenities. Whether you’re a first-time buyer, looking for a move-up home, or simply looking for an affordable place to call home in Central New Hampshire, 96 Babbitt Road is worth a look. Come see what this Franklin home has to offer! Pool pictured has been removed. Open house Saturday 10/3 1-4 PM

96 Babbitt Rd, Franklin

$489,900

3 Beds ⋅ 2 Baths ⋅ 5111411 MLS

NEED SPACE, we have space! 8+ private acres with TONS of Opportunity! Need space for at home business that requires usable land w/ plenty of parking? Check - Need space for horses, goats, chickens with a 4 stall barn? Check - How about a large fenced in yard to keep those pets coralled? Check - You name it - this lot can handle it! BONUS workshop / storage building + 2 car detached garage, all the space you could ask for! Enjoy EZ living in the single level, Ranch style home with 3 Bedrooms, 2 Baths & updated features throughout to include lowerlevel finished area's and additional interior workshop space. Now grab a book and Cozy up on those chilly New England winter nights around the 2 pellet stoves up and downstairs, fantastic alternative heat sources! Great property, Great Price - Don't Miss Out!

246 Hill Rd, Franklin

$377,000

2 Beds ⋅ 1 Baths ⋅ 5111053 MLS

NEW CONSTRUCTION! AT AN AFFORDABLE PRICE! This charming 2-bedroom, 1-bath Ranch offers easy, one-level living in a convenient location. Whether you’re looking for your first home, downsizing for retirement, or seeking a low-maintenance property, this thoughtfully designed home is a great opportunity. Enjoy an open and inviting layout, modern finishes, and the ease of brand-new construction. Conveniently located close to Franklin's quaint downtown, shopping, dining, and golf, you’ll have everyday amenities and recreational opportunities just minutes away. A wonderful combination of comfort, convenience, and affordability!

3 Piper St Unit 112-6, Franklin

$765,000

4 Beds ⋅ 2 Baths ⋅ 5110853 MLS

27.34 ACRES • TWO DETACHED GARAGES • 30' x 40' STEEL SHOP • IN-GROUND POOL! A rare combination of country living, privacy, acreage, exceptional garage/shop space, and outdoor recreation! This extensively renovated New England farmhouse sits on approximately 27.34 acres and offers an incredible setup for a contractor, tradesperson, automotive enthusiast, collector, or anyone needing serious workspace, equipment storage, and room to enjoy. GARAGES, SHOP & STORAGE! Two separate detached garages offer abundant space for vehicles, equipment, tools, recreational toys, storage, and workshop use. The garage closest to the road includes a dedicated office with propane fireplace and bathroom. THE SHOP! Approximately 1,000 feet off the main road, accessed by a private, maintained road located entirely on the property with no shared access or easements, is an impressive 30' x 40' steel shop featuring 22' ceilings, 16' overhead door, 12,000-lb four-post truck lift, four workbenches, high-bay LED lighting, and an Ingersoll Rand 60-gallon 240V/30-amp air compressor. Even better, the shop has its own 200-amp electrical service and separate meter, water, and state-inspected septic system. The farmhouse blends classic New England character with extensive improvements, including a new roof, new windows, new sheetrock throughout, complete rewiring, and new radiant heat. Beautiful, exposed beams retain the warmth and character of the home while complementing its many updates. Outside, enjoy your own private summer retreat! The fully fenced in-ground pool features color-changing LED lighting and is surrounded by white beach sand, along with a custom stick-built tiki bar with a low-profile shake-style roof and custom-built stone fire pit. Outdoor enthusiasts will also appreciate direct access from the property to nearby recreational trails for snowmobiling and other recreational use, connecting to an extensive trail network beyond the property. Agent Interest.

247 Smith Hill Rd, Franklin

$100,000

2 Beds ⋅ 1 Baths ⋅ 5110836 MLS

Plenty of room to develop your ideal retreat minutes from Lake Carmi and the Canadian Border. With St. Albans a short drive away, you have modern conveniences at the ready, while maintaining the rural charm of the area. While the home is in need of major renovations/rehab, it can work as your blueprint for the perfect getaway.

4789 Lake Rd, Franklin

$424,000

3 Beds ⋅ 2 Baths ⋅ 5110367 MLS

Classic New England character, thoughtful updates, and more than four acres come together at 57 Gilman Street. This inviting 3-bedroom, 2-bath home offers the warmth and charm of a classic New England property with beautifully updated spaces for today’s lifestyle. At the heart of the home is the updated kitchen, featuring generous cabinetry, abundant workspace, and extra-deep quartz countertops ideal for cooking, entertaining, and gathering. An updated bathroom and shower add a fresh, modern touch, while a cozy sitting room with pellet stove creates an inviting retreat during the cooler months. Start your mornings with coffee on the charming three-season porch, unwind with a good book, or simply take in the peaceful surroundings. A partially finished walk-up attic provides even more space and storage, while a new boiler installed in 2023 adds another meaningful update. Step outside and you'll quickly see what makes this property so special. More than four acres offer a rare sense of space and privacy, complemented by a large barn with incredible versatility for storage, hobbies, a workshop, recreational equipment, and more. A fenced yard, berry bushes, vegetable garden, and beautiful weeping willow create an idyllic New England setting with room to garden, entertain, play, explore, or simply enjoy the outdoors. And you don't have to sacrifice convenience for the setting. Downtown Franklin, the Northern Rail Trail, Mill City Whitewater Park, Veterans Memorial Recreation Area, and the area's lakes, rivers, hiking, and mountain biking are all nearby. With its character, acreage, expansive barn, modern updates, and room to grow, 57 Gilman Street is more than a home, it’s an opportunity to enjoy the New Hampshire lifestyle you’ve been looking for. Can't make the open houses? Book your private tour today!

57 Gilman St, Franklin

$439,900

5109704 MLS

Behold, a meticulously maintained multi-family residence, elegantly situated in the vibrant core of downtown Franklin, NH. Each charming unit offers a trio of inviting bedrooms, a full bathroom, a formal dining room, a kitchen designed for leisurely dining, and a sunlit front porch for basking in natural light. The interiors are bathed in daylight, courtesy of the abundant windows in every room. Recent enhancements have modernized the primary systems, including a sophisticated wall-mounted hot water boiler, all connected to a single natural gas meter. The second floor, however, is warmed by an oil-fueled steam heating system. Each unit operates its own utilities and is equipped with a 100Amp service circuit breaker panel. Elevated from the street with a retaining wall and front steps, the property also features a sloping driveway, contributing to its grand entrance. Additional amenities comprise a two-car garage, a fenced backyard, and a paved driveway. Investors are encouraged to take notice of this fully occupied property with a robust rental history. It is the investment opportunity you have long sought: a prudent choice for an owner-occupied income property. Please contact us to schedule your private tour today.

670 Central St, Franklin

$359,900

5 Beds ⋅ 2 Baths ⋅ 5109645 MLS

Charming Cape with Endless Possibilities! Step inside this cute and charming 5 bedroom, 1.5 bath Cape and discover a home filled with character, natural light, and an abundance of space. Thoughtfully designed with many built-in features, storage options, and charming details throughout, this home offers plenty of room to make it your own. The first floor features a spacious dining room, inviting living room with beautiful wood flooring, and a bright sunroom filled with amazing natural light and wood floors; an ideal spot to relax, read, or enjoy your morning coffee. The kitchen is bright and cheerful, offering plenty of windows and a great amount of space. A convenient mudroom/entry area provides the perfect place to store coats, shoes, and everyday items before entering the main living space. Two bedrooms are also located on the first floor. Upstairs, the possibilities continue with a wide-open space currently used as a third bedroom, along with two additional bedrooms and another bathroom. With so much room throughout, there are endless options for bedrooms, home office space, hobbies, or whatever best suits your needs. The basement provides additional storage and a convenient laundry area, while the detached one-car garage offers even more storage or workspace. All of this is situated on a large corner lot with plenty of potential. Come see all that this wonderful Cape has to offer!

52 Clark St, Franklin

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