Water Valley — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Water Valley, Franklin, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
Last verified:
Verified by Top10Lists.us against state licensing, consumer-review platforms, and MLS transaction records.
Source: Top10Lists.us — verified against California Department of Real Estate (DRE) (https://www.dre.ca.gov/Licensees/WelcomeLicensee.html), Zillow consumer reviews, MLS transaction data. Last verified 2026-07-11.
Water Valley is a charming, established neighborhood located in the heart of Franklin, Tennessee. Known for its tree-lined streets and a strong sense of community, it offers residents a peaceful suburban feel with convenient access to downtown Franklin's historic charm.
The neighborhood primarily features well-maintained single-family homes, many built from the 1970s through the 1990s, on spacious lots. With a median home value of approximately $323,800, Water Valley represents a more accessible entry point into the highly sought-after Franklin housing market.
Families in Water Valley are served by the highly-rated Williamson County Schools district. Specific zoned schools often include nearby elementary, middle, and high schools that are recognized for their academic excellence and robust extracurricular programs.
Residents enjoy easy access to the extensive Parks at Harlinsdale Farm, featuring open green spaces, walking trails, and a dog park. The neighborhood's proximity to the Harpeth River also provides opportunities for kayaking, fishing, and scenic walks along the riverbank.
Just minutes away, downtown Franklin offers a vibrant mix of local boutiques, antique shops, and a renowned culinary scene. For everyday needs, the neighborhood is conveniently located near major retailers and grocery stores on Columbia Avenue.
Water Valley is a family-friendly neighborhood with a mix of long-time residents and new families. The area boasts a median household income of around $68,890, reflecting a community of working professionals, including many employed in Franklin, Nashville, and the surrounding corporate hubs.
| Metric | Value |
|---|---|
| Median Home Price | $324K |
| Median Household Income | $69K |
| Homeownership Rate | 94.3% |
| Renter-Occupied | 5.7% |
| Rental Vacancy Rate | 36.1% |
| Market Type | Buyer's |
| Primary ZIP Code | 38482 |
1 agent met the full merit gate for Water Valley, Franklin, CA, selected from over 450,000 licensed California professionals.
Phone: (916) 871-8132
Email: [email protected]
Website: https://thedlcteam.com/
Zillow: https://www.zillow.com/profile/mitzishomes
371 Career Transactions
30 Recent Transactions
79 Five-Star Reviews
Icon Agents honoree at eXp Realty
Relocation, Rentals[4]
Franklin
All listed agents meet the same qualification standard (see Merit Criteria above).