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City / Town Overview

Franklin, TN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The Franklin, TN real estate market currently shows 1,049 active listings, with 333 pending sales. Homes are averaging 63.4 days on the market before going under contract.

Inventory has increased compared to last year, with 163 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63.4 days on market compared to 63 days last year.

The median listing price has fallen 10.5% year-over-year, from $1,228,227 to $1,099,693.

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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, 37069

Cadet: 37068

Area Map

Market Overview

Active Listings
1,049
⇧ 18.4% vs 886 last year
Pending
333
32% pending ratio
Median Price
$1,099,693
⇩ 10.5% vs $1,228,227 last year
Average Price
$1,786,447
⇩ 3.3% vs $1,846,898 last year
Days on Market
63.4
⇧ 0.6% vs 63 days last year

Price Per Square Foot

Median $/sqft
$382
⇩ 0.9% vs $385/sqft last year
Median Home Size
3,008 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 %