Franklin, TN Real Estate

Discover 923 homes for sale in Franklin, TN with an average price of 1,910,289 dollars. Browse current listings, view market trends, and explore neighborhood insights.

Franklin Market Overview

923
Homes for Sale
$2,875,899.55
Average Home Price
$2
Price per Sq Ft
1792
Avg Days on Market

Price Distribution

6
Under $1,150K
55% of homes
0
$1,150K - $1,150K
0% of homes
0
$1,150K - $1,150K
0% of homes
5
Over $1,150K
45% of homes

Franklin Market Insights

Key market indicators and trends

Price Analysis

Market has luxury properties driving up average prices

Avg: $1,910,289 | Median: $1,150,000

Market Speed

Properties tend to stay longer on the market

123 days average

Pricing

Premium pricing per square foot indicates high demand

$572 per sq ft

Market Activity

Very active market with many new listings

34% new in 30 days

Inventory

Good selection of properties available

923 active listings

Property Types in Franklin

Residential Lease

3

Avg: $2,965.00

Farm

2

Avg: $938,500.00

Land

5

Avg: $1,949,800.00

Commercial Sale

1

Avg: $20,000,000.00

Franklin Neighborhood Highlights

None

Available Homes: 3
Avg Price: $659,000.00
Price Range: $100,000.00 - $1,198,000.00
View None Homes

Highland Gardens

Available Homes: 1
Avg Price: $3,000.00
Price Range: $3,000.00 - $3,000.00
View Highland Gardens Homes

Kinnard Springs

Available Homes: 1
Avg Price: $4,299,000.00
Price Range: $4,299,000.00 - $4,299,000.00
View Kinnard Springs Homes

Grassland

Available Homes: 1
Avg Price: $3,200,000.00
Price Range: $3,200,000.00 - $3,200,000.00
View Grassland Homes

Simmons Ridge Sec8

Available Homes: 1
Avg Price: $2,495.00
Price Range: $2,495.00 - $2,495.00
View Simmons Ridge Sec8 Homes

Legends Ridge

Available Homes: 1
Avg Price: $950,000.00
Price Range: $950,000.00 - $950,000.00
View Legends Ridge Homes

Schools in Franklin

K-5

Elementary Schools

Grassland Elementary

Franklin Elementary

Moore Elementary

Liberty Elementary

Johnson Elementary

+20 more schools

6-8

Middle Schools

Grassland Middle School

Freedom Middle School

Freedom Intermediate

Fred J Page Middle School

Poplar Grove 5-8

+10 more schools

9-12

High Schools

Franklin High School

Centennial High School

Fred J Page High School

Independence High School

Ravenwood High School

+5 more schools

School District Analysis

School Coverage

Elementary Schools: 25
Coverage Rate: 96%
Full K-12 Coverage: 886 homes

Elementary Schools

Hillsboro Elementary/ Middle School

80 properties

$4,594,369.84

Westwood Elementary School

8 properties

$4,110,612.50

Jordan Elementary School

3 properties

$3,408,299.67

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

470

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 110 Irvine Ln in Franklin, TN
SOLD
Jun 12, 2026

$720,000.00

bed 1 bath 2,577 sqft

110 Irvine Ln, Franklin, TN

Sold after 11 days on market
Exterior view of 228 Halberton Dr in Franklin, TN
SOLD
Jun 12, 2026

$1,156,700.00

Listed: $1,299,900.00

bed 1 bath 4,233 sqft

228 Halberton Dr, Franklin, TN

Sold after 16 days on market
Exterior view of 3004 Smith Ln in Franklin, TN
SOLD
Jun 12, 2026

$2,635,000.00

Listed: $2,750,000.00

bed 1 bath 5,963 sqft

3004 Smith Ln, Franklin, TN

Sold after 10 days on market
Exterior view of 1609 Longmont Ct in Franklin, TN
SOLD
Jun 12, 2026

$3,500.00

bed 1 bath 2,942 sqft

1609 Longmont Ct, Franklin, TN

Sold after 2 days on market
Exterior view of 1417 Southampton Ct in Franklin, TN
SOLD
Jun 12, 2026

$700,000.00

Listed: $710,000.00

bed 1 bath 2,100 sqft

1417 Southampton Ct, Franklin, TN

Sold after 66 days on market
Exterior view of 2076 Wilson Pike in Franklin, TN
SOLD
Jun 11, 2026

$520,000.00

bed 1 bath 1,842 sqft

2076 Wilson Pike, Franklin, TN

Franklin Market Trends

923
Current Inventory
Active listings
$1,910,289.14
Avg List Price
Current market
$1,266,432.23
Avg Sold Price
Last 30 days
+50.8%
Price Change
Month over month

Market Value Analysis

Price Segments

Luxury Homes: 142 properties
Above $2,865,433.72
Value Properties: 577 properties
Price Range Spread
$35,899,100.00

Price per Sq Ft by Type

Residential: $519/sqft
Residential Income: $503/sqft
Residential Lease: $2/sqft

Property Age & Construction

New Construction

206

Built after 2020

Modern Homes

286

Built 2000-2020

Established Homes

158

Built 1980-2000

Historic Character

137

Built before 1980

Average Home Age

25 years

Range: 1805 - 2027

Lifestyle & Amenities

Garage Parking

623

Avg: 2.3 spaces

Fireplaces

491

Avg: 1.5 per home

Home Sizes & Layout

Size Distribution

Spacious (3000+ sqft): 385 homes
Large (2500-3000 sqft): 88 homes
Medium (1500-2500 sqft): 191 homes
Cozy (800-1500 sqft): 78 homes

Layout Types

Single Story: 133 homes
Multi Story: 599 homes

Average Size

3,341 sqft

Market Timing Analysis

Quick Sales

313

Under 30 days

Moderate Pace

368

30-90 days

Longer Sales

240

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

9

Avg: +$14,246

Price Reductions

41

Avg: -$32,556

Total Activity

50

Last 30 days

Recent Price Increases

MLS# 3224986

Jun 11, 2026

$18,866

$19,116

+$250

MLS# 3217928

Jun 11, 2026

$17,136

$17,390

+$254

MLS# 3224998

Jun 11, 2026

$19,722

$19,972

+$250

Recent Price Reductions

MLS# 3217185

Jun 12, 2026

$16,999

$16,749

-$250

MLS# 3168150

Jun 12, 2026

$14,990

$13,990

-$1,000

MLS# 3230111

Jun 12, 2026

$7,749

$7,500

-$249

Market Activity Insights

Price Increase Rate

18%

Price Reduction Rate

82%

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: 2026-06-12T18:36:40+00:00