Franklin, TN Real Estate Market Summary – September 8, 2026

In Franklin, TN, the overall real estate market has shown significant activity with 192 homes sold recently. The average days on market for homes was 18, indicating a fairly brisk pace of sales at about 6 homes per day.

Metric 30 Days
Number Sold 192
Sold Per Day 6.40
Average SQFT 2844
Median Sales Price $875,000
Average Sales Price $1,086,736
Average Price Per SQFT $351
Average Days on Market 18
Average Year Built 2004

 

Franklin, TN Single Family Home Analysis

The single-family home market in Franklin recorded 154 homes sold, with an average sale price of $1,211,852. Homes in this segment averaged 18 days on the market before selling.

Metric 30 Days
Number Sold 154
Sold Per Day 5.13
Average SQFT 3103
Median Sales Price $1,000,000
Average Sales Price $1,211,852
Average Price Per SQFT $372
Average Days on Market 18
Average Year Built 2001

 

Franklin, TN Condo & Townhome Analysis

In the condo and townhome market, 38 units were sold at an average sale price of $579,686. These properties had a quicker turnover with an average of 17 days on the market.

Metric 30 Days
Number Sold 38
Sold Per Day 1.27
Average SQFT 1837
Median Sales Price $575,000
Average Sales Price $579,686
Average Price Per SQFT $270
Average Days on Market 17
Average Year Built 2016

 

Buyer & Seller Analysis

  • 192 homes sold recently in Franklin, TN.
  • Average days on market was 18 days across all segments.
  • The average sale price for single-family homes was $1,211,852.
  • 38 condo and townhome units sold with an average price of $579,686.

Conclusion

The Franklin, TN real estate market continues to demonstrate steady activity, particularly in the single-family home segment. The number of homes sold highlights ongoing demand in this area.

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