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Franklin, TN Real Estate

Discover 872 homes for sale in Franklin, TN with an average price of 1,938,669 dollars. Browse current listings, view market trends, and explore neighborhood insights.

Franklin Market Overview

872
Homes for Sale
$1,249,464.79
Average Home Price
$361
Price per Sq Ft
66
Avg Days on Market

Price Distribution

15
Under $1,181K
63% of homes
0
$1,181K - $1,175K
0% of homes
0
$1,175K - $1,185K
0% of homes
9
Over $1,185K
38% of homes

Franklin Market Insights

Key market indicators and trends

Price Analysis

Market has luxury properties driving up average prices

Avg: $1,938,669 | Median: $1,175,000

Market Speed

Properties tend to stay longer on the market

121 days average

Pricing

Premium pricing per square foot indicates high demand

$577 per sq ft

Market Activity

Very active market with many new listings

34% new in 30 days

Inventory

Good selection of properties available

872 active listings

Property Types in Franklin

Residential

20

Avg: $1,066,007.75

Farm

1

Avg: $1,900,000.00

Land

2

Avg: $3,375,000.00

Residential Lease

1

Avg: $17,000.00

Franklin Neighborhood Highlights

Lynhurst

Available Homes: 2
Avg Price: $750,000.00
Price Range: $750,000.00 - $750,000.00
View Lynhurst Homes

Barrington Estates

Available Homes: 1
Avg Price: $1,348,000.00
Price Range: $1,348,000.00 - $1,348,000.00
View Barrington Estates Homes

Franklin Green Ph 1 Sec 1

Available Homes: 1
Avg Price: $669,900.00
Price Range: $669,900.00 - $669,900.00
View Franklin Green Ph 1 Sec 1 Homes

Lockwood Glen Sec2

Available Homes: 1
Avg Price: $929,000.00
Price Range: $929,000.00 - $929,000.00
View Lockwood Glen Sec2 Homes

SouthVale

Available Homes: 1
Avg Price: $1,495,455.00
Price Range: $1,495,455.00 - $1,495,455.00
View SouthVale Homes

McKays Mill

Available Homes: 1
Avg Price: $1,050,000.00
Price Range: $1,050,000.00 - $1,050,000.00
View McKays Mill Homes

Schools in Franklin

K-5

Elementary Schools

Walnut Grove Elementary

Hillsboro Elementary/ Middle School

Hunters Bend Elementary

Trinity Elementary

Winstead Elementary School

+19 more schools

6-8

Middle Schools

Grassland Middle School

Hillsboro Elementary/ Middle School

Fred J Page Middle School

Heritage Elementary

Freedom Middle School

+12 more schools

9-12

High Schools

Franklin High School

Independence High School

Fred J Page High School

Centennial High School

Ravenwood High School

+5 more schools

School District Analysis

School Coverage

Elementary Schools: 24
Coverage Rate: 94%
Full K-12 Coverage: 821 homes

Elementary Schools

Westwood Elementary School

4 properties

$5,484,800.00

Hillsboro Elementary/ Middle School

63 properties

$4,499,730.95

Fairview Elementary

14 properties

$3,979,203.50

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

449

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 3113 Friars Bridge Pass in Franklin, TN
SOLD
Aug 29, 2025

$775,000.00

Listed: $790,000.00

bed 1 bath 2,841 sqft

3113 Friars Bridge Pass, Franklin, TN

Sold after 51 days on market
Exterior view of 6055 Gracious Dr in Franklin, TN
SOLD
Aug 29, 2025

$615,000.00

Listed: $629,900.00

bed 1 bath 2,116 sqft

6055 Gracious Dr, Franklin, TN

Sold after 47 days on market
Exterior view of 1120 Bradley Dr in Franklin, TN
SOLD
Aug 29, 2025

$1,800,000.00

Listed: $1,850,000.00

bed 1 bath 5,915 sqft

1120 Bradley Dr, Franklin, TN

Sold after 18 days on market
Exterior view of 1417 Holly Hill Dr in Franklin, TN
SOLD
Aug 29, 2025

$1,030,000.00

Listed: $1,075,000.00

bed 1 bath 4,126 sqft

1417 Holly Hill Dr, Franklin, TN

Exterior view of 704 Nantucket Cir in Franklin, TN
SOLD
Aug 28, 2025

$1,100,000.00

Listed: $1,125,000.00

bed 1 bath 3,606 sqft

704 Nantucket Cir, Franklin, TN

Sold after 102 days on market
Exterior view of 109 Polk Place Dr in Franklin, TN
SOLD
Aug 28, 2025

$845,000.00

Listed: $874,999.00

bed 1 bath 2,659 sqft

109 Polk Place Dr, Franklin, TN

Sold after 75 days on market

Franklin Market Trends

872
Current Inventory
Active listings
$1,938,668.86
Avg List Price
Current market
$1,081,947.69
Avg Sold Price
Last 30 days
+79.2%
Price Change
Month over month

Market Value Analysis

Price Segments

Luxury Homes: 155 properties
Above $2,908,003.29
Value Properties: 552 properties
Price Range Spread
$29,999,400.00

Price per Sq Ft by Type

Residential: $518/sqft
Residential Lease: $2/sqft

Property Age & Construction

New Construction

192

Built after 2020

Modern Homes

281

Built 2000-2020

Established Homes

148

Built 1980-2000

Historic Character

111

Built before 1980

Average Home Age

24 years

Range: 1805 - 2026

Lifestyle & Amenities

Garage Parking

580

Avg: 2.4 spaces

Fireplaces

457

Avg: 1.6 per home

Home Sizes & Layout

Size Distribution

Spacious (3000+ sqft): 337 homes
Large (2500-3000 sqft): 86 homes
Medium (1500-2500 sqft): 165 homes
Cozy (800-1500 sqft): 86 homes

Layout Types

Single Story: 109 homes
Multi Story: 549 homes

Average Size

3,362 sqft

Market Timing Analysis

Quick Sales

296

Under 30 days

Moderate Pace

304

30-90 days

Longer Sales

270

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

1

Avg: +$280

Price Reductions

49

Avg: -$33,852

Total Activity

50

Last 30 days

Recent Price Reductions

MLS# 2946508

Aug 29, 2025

$8,399

$7,999

-$400

MLS# 2978823

Aug 29, 2025

$10,850

$10,490

-$360

MLS# 2908158

Aug 28, 2025

$11,990

$11,750

-$240

Market Activity Insights

Price Increase Rate

2%

Price Reduction Rate

98%

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 (Coldwell Banker Southern Realty ).

IDX information © 2018 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Coldwell Banker Southern 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: 2025-08-29T16:33:59+00:00