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City / Town Overview

Franklin, TN

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Franklin, TN real estate market currently shows 768 active listings, with 277 pending sales. Homes are averaging 51.6 days on the market before going under contract.

Inventory has increased compared to last year, with 94 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51.6 days on market compared to 52.3 days last year.

The median listing price has fallen 3.2% year-over-year, from $1,251,782 to $1,211,286.

Whether you are buying or selling in Franklin, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 114,898  ·  Density: 214.6/mi²  ·  Median household income: $116,687

Typical home value: $611,384  ·  Homeownership: 72.8%

Included Areas

Franklin: 37064, 37065, 37067, 37068, 37069

Area Map

Market Overview

Active Listings
768
⇧ 13.9% vs 674 last year
Pending
277
36% pending ratio
Median Price
$1,211,286
⇩ 3.2% vs $1,251,782 last year
Average Price
$1,983,226
⇧ 7.4% vs $1,846,669 last year
Days on Market
51.6
⇩ 1.3% vs 52 days last year

Price Per Square Foot

Median $/sqft
$405
⇧ 4.4% vs $388/sqft last year
Median Home Size
3,130 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %