Franklin, TN Real Estate

Discover 988 homes for sale in Franklin, TN with an average price of 2,024,767 dollars. Browse current listings, view market trends, and explore neighborhood insights.

Franklin Market Overview

988
Homes for Sale
$954,860.79
Average Home Price
$315
Price per Sq Ft
1
Avg Days on Market

Price Distribution

20
Under $1,171K
83% of homes
0
$1,171K - $1,175K
0% of homes
0
$1,175K - $1,175K
0% of homes
4
Over $1,175K
17% of homes

Franklin Market Insights

Key market indicators and trends

Price Analysis

Market has luxury properties driving up average prices

Avg: $2,024,767 | Median: $1,174,500

Market Speed

Properties tend to stay longer on the market

128 days average

Pricing

Premium pricing per square foot indicates high demand

$594 per sq ft

Market Activity

Very active market with many new listings

32% new in 30 days

Inventory

Good selection of properties available

988 active listings

Property Types in Franklin

Residential

20

Avg: $1,145,028.95

Residential Lease

4

Avg: $4,020.00

Franklin Neighborhood Highlights

Poplar Farms

Available Homes: 5
Avg Price: $788,018.00
Price Range: $757,580.00 - $813,280.00
View Poplar Farms Homes

Sunset Manor

Available Homes: 1
Avg Price: $2,699,999.00
Price Range: $2,699,999.00 - $2,699,999.00
View Sunset Manor Homes

Willowsprings Sec 1

Available Homes: 1
Avg Price: $5,295.00
Price Range: $5,295.00 - $5,295.00
View Willowsprings Sec 1 Homes

Stream Valley Sec7

Available Homes: 1
Avg Price: $890,000.00
Price Range: $890,000.00 - $890,000.00
View Stream Valley Sec7 Homes

Petway Place

Available Homes: 1
Avg Price: $949,900.00
Price Range: $949,900.00 - $949,900.00
View Petway Place Homes

Historic Natchez Street

Available Homes: 1
Avg Price: $564,900.00
Price Range: $564,900.00 - $564,900.00
View Historic Natchez Street Homes

Schools in Franklin

K-5

Elementary Schools

Freedom Intermediate

Franklin Elementary

Moore Elementary

Poplar Grove K-4

Liberty Elementary

+20 more schools

6-8

Middle Schools

Freedom Middle School

Heritage Middle

Poplar Grove 5-8

Freedom Intermediate

Fred J Page Middle School

+9 more schools

9-12

High Schools

Franklin High School

Centennial High School

Fred J Page High School

Independence High School

Ravenwood High School

+4 more schools

School District Analysis

School Coverage

Elementary Schools: 25
Coverage Rate: 97%
Full K-12 Coverage: 957 homes

Elementary Schools

Hillsboro Elementary/ Middle School

85 properties

$4,630,769.25

Jordan Elementary School

4 properties

$4,387,224.50

Fairview Elementary

30 properties

$4,117,413.77

Neighborhood Spotlight

Premium Area

$24,000,000.00

Highest avg price

Largest Homes

23,138 sqft

Average size

Best Value

$0.00

Most affordable

Neighborhood Diversity

473

distinct neighborhoods available

What Makes Franklin Special

Family Friendly

Great schools and family amenities make Franklin perfect for families.

Luxury Market

Exclusive high-end properties and luxury estates in prestigious locations.

Diverse Housing

Wide variety of property types from condos to luxury estates.

Active Market

Dynamic real estate market with regular new listings and sales.

Recently Sold in Franklin

Exterior view of 5012 Rockport Ave in Franklin, TN
SOLD
Jul 23, 2026

$990,000.00

Listed: $999,990.00

bed 1 bath 3,502 sqft

5012 Rockport Ave, Franklin, TN

Sold after 59 days on market
Exterior view of 2509 Hillsboro Rd in Franklin, TN
SOLD
Jul 23, 2026

$1,066,000.00

Listed: $1,100,000.00

bed 1 bath 3,085 sqft

2509 Hillsboro Rd, Franklin, TN

Sold after 49 days on market
Exterior view of 113 Fairmore Court in Franklin, TN
SOLD
Jul 23, 2026

$1,432,115.00

bed 1 bath 2,820 sqft

113 Fairmore Court, Franklin, TN

Sold after 2 days on market
Exterior view of 3201 Aspen Grove Dr in Franklin, TN
SOLD
Jul 23, 2026

$435,000.00

Listed: $449,000.00

bed 1 bath 1,264 sqft

3201 Aspen Grove Dr, Franklin, TN

Sold after 69 days on market
Exterior view of 108 Broadwell Cir in Franklin, TN
SOLD
Jul 23, 2026

$1,100,000.00

Listed: $1,125,000.00

bed 1 bath 3,414 sqft

108 Broadwell Cir, Franklin, TN

Sold after 17 days on market
Exterior view of 4001 Ryecroft Ln in Franklin, TN
SOLD
Jul 23, 2026

$875,000.00

Listed: $874,900.00

bed 1 bath 3,005 sqft

4001 Ryecroft Ln, Franklin, TN

Sold after 18 days on market

Franklin Market Trends

988
Current Inventory
Active listings
$2,024,766.54
Avg List Price
Current market
$1,273,359.65
Avg Sold Price
Last 30 days
+59.0%
Price Change
Month over month

Market Value Analysis

Price Segments

Luxury Homes: 141 properties
Above $3,037,149.81
Value Properties: 623 properties
Price Range Spread
$35,899,100.00

Price per Sq Ft by Type

Residential: $530/sqft
Residential Income: $497/sqft
Residential Lease: $2/sqft

Property Age & Construction

New Construction

231

Built after 2020

Modern Homes

299

Built 2000-2020

Established Homes

163

Built 1980-2000

Historic Character

143

Built before 1980

Average Home Age

24 years

Range: 1805 - 2027

Lifestyle & Amenities

Garage Parking

677

Avg: 2.4 spaces

Fireplaces

524

Avg: 1.5 per home

Home Sizes & Layout

Size Distribution

Spacious (3000+ sqft): 410 homes
Large (2500-3000 sqft): 110 homes
Medium (1500-2500 sqft): 192 homes
Cozy (800-1500 sqft): 82 homes

Layout Types

Single Story: 127 homes
Multi Story: 662 homes

Average Size

3,411 sqft

Market Timing Analysis

Quick Sales

321

Under 30 days

Moderate Pace

368

30-90 days

Longer Sales

299

Over 90 days

Recent Price Changes

Track the latest price movements in Franklin real estate market. See which homes have had price adjustments in the last 30 days.

Price Increases

2

Avg: +$6,335

Price Reductions

48

Avg: -$57,818

Total Activity

50

Last 30 days

Recent Price Reductions

MLS# 3232608

Jul 24, 2026

$15,500

$15,000

-$500

MLS# 3185844

Jul 24, 2026

$9,800

$9,550

-$250

MLS# 3283751

Jul 23, 2026

$7,249

$6,998

-$251

Market Activity Insights

Price Increase Rate

4%

Price Reduction Rate

96%

Market Stability

Active

Franklin Homes for Sale

Realtracs IDX Logo

MLS Information Disclaimer

Properties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Big Bear Realty).

IDX information © 2018 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Big Bear Realty. IDX information is provided exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: 2026-07-24T12:02:00+00:00