$2,300,000
$514/sqft400 Ernest Rice Ln, Franklin, TN
Key market indicators and trends
Market has luxury properties driving up average prices
Avg: $1,944,534 | Median: $1,162,000
Properties tend to stay longer on the market
127 days average
Premium pricing per square foot indicates high demand
$575 per sq ft
Very active market with many new listings
32% new in 30 days
Good selection of properties available
914 active listings
11
Avg: $2,674,462.73
8
Avg: $2,320,000.00
2
Avg: $3,274,500.00
2
Avg: $1,720,225.00
1
Avg: $0.00
Johnson Elementary
Franklin Elementary
Moore Elementary
Poplar Grove K-4
Liberty Elementary
+20 more schools
Freedom Middle School
Poplar Grove 5-8
Heritage Middle
Grassland Middle School
Fred J Page Middle School
+10 more schools
Franklin High School
Centennial High School
Fred J Page High School
Independence High School
Ravenwood High School
+5 more schools
3 properties
76 properties
29 properties
$24,000,000.00
Highest avg price
23,138 sqft
Average size
$1,150.00
Most affordable
457
distinct neighborhoods available
Great schools and family amenities make Franklin perfect for families.
Exclusive high-end properties and luxury estates in prestigious locations.
Wide variety of property types from condos to luxury estates.
Dynamic real estate market with regular new listings and sales.
Listed: $2,000,000.00
9591 Clovercroft Rd, Franklin, TN
727 Sir Winston Pl, Franklin, TN
1011 Murfreesboro Rd, Franklin, TN
Listed: $829,900.00
2025 Hollydale Aly, Franklin, TN
Listed: $599,900.00
112 Ormesby Pl, Franklin, TN
Listed: $945,000.00
543 Marigold Dr, Franklin, TN
209
Built after 2020
267
Built 2000-2020
159
Built 1980-2000
144
Built before 1980
26 years
Range: 1805 - 2027
617
Avg: 2.4 spaces
489
Avg: 1.5 per home
Average Size
3,379 sqft
295
Under 30 days
358
30-90 days
261
Over 90 days
Track the latest price movements in Franklin real estate market. See which homes have had price adjustments in the last 30 days.
2
Avg: +$50,050
48
Avg: -$54,569
50
Last 30 days
MLS# 3254906
Jun 30, 2026
$5,599
$6,599
+$1,000
MLS# 3250349
Jul 4, 2026
$8,650
$8,499
-$151
MLS# 3190672
Jul 3, 2026
$44,900
$42,500
-$2,400
MLS# 3169777
Jul 3, 2026
$11,500
$9,999
-$1,501
Price Increase Rate
4%
Price Reduction Rate
96%
Market Stability
Active
400 Ernest Rice Ln, Franklin, TN
540 Franklin Rd, Franklin, TN
250 Pennystone Cir, Franklin, TN
5290 Old Harding Rd, Franklin, TN
215 Lewisburg Ave, Franklin, TN
3465 Carothers Pkwy, Franklin, TN
0 Owl Hollow Rd, Franklin, TN
6 N Lick Creek Rd, Franklin, TN
813 Hillsboro Rd, Franklin, TN
3029 Hartland PVT Lane, Franklin, TN
0 Pinewood Road, Franklin, TN
0 Pinewood Road, Franklin, TN
0 Pinewood Road, Franklin, TN
5215 Backbone Ridge Rd, Franklin, TN
4327 Long Ln, Franklin, TN
5620 Leipers Creek Rd, Franklin, TN
5620 Leipers Creek Rd, Franklin, TN
1200 Vintage Grove Ln, Franklin, TN
3 N Lick Creek Rd, Franklin, TN
3007 Kathryn Avenue, Franklin, TN
5155 Fire Tower Rd, Franklin, TN
5575 Big East Fork Rd, Franklin, TN
111 Carr Ave, Franklin, TN
339 Main St, Franklin, TN
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: 2026-07-04T21:30:55+00:00