Franklin, TN
Housing market overview · Updated weekly
$830,000median sale price
Homes sold
92
Last 12 weeks
Days on market
90
Average pace
Active listings
373
4.1 months supply
Sale-to-list
97.2%
Below asking
The Franklin housing market is currently classified as a leaning buyer's with a median sale price of $830,000. Prices have risen 2.1% compared to last year, with homes spending an average of 90 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Franklin?
The median home sale price in Franklin is $830,000, up 2.1% from last year.
How long do homes stay on market in Franklin?
Homes typically spend 90 days on market before going under contract.
Is Franklin a buyer's or seller's market?
With 4.1 months of supply, Franklin is currently a leaning buyer's.
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