Franklin, TN Home Values & Market Trends
Real estate market trends reflect that there have been 1,996 transactions over the past year in Franklin. The median value for residential home transactions that occurred over the previous year is $794,840.21. The number of current listings in Franklin is 117, and the percentage of properties for sale in the city is 117.00%. Franklin, TN currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 117 properties for sale.
Franklin, TN Real Estate Market Overview
Housing Market Summary for Franklin, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $760K | $828K | 8.95% |
| Median Sold Price | $802.3K | $828K | 3.20% |
| Homes For Sale | 117 | 120 | 2.56% |
| Homes Sold | 1,021 | 1,144 | 12.05% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Franklin, TN
Browse Homes in Franklin, TN
Franklin home values range from $19,146 to $70,635,072. The median estimated value of a home in Franklin is $794,840.21. The median list price of a home is 799,450, and the total count of properties in the city is 38,865.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Franklin, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Franklin, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Franklin, TN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Franklin, TN. There are 3 zips within Franklin, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37067 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Franklin, TN. Auction homes and other auction properties account for 0.01% of all properties in Franklin, TN. There are 3 zips within Franklin, TN; of those zips, the median estimated home value for homes going to auction ranges from $1,153,662 in 37067 to the lowest value of $414,395 in 37067.
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More Real Estate Resources for Franklin, TN
Guide for Franklin, TN
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Tennessee Foreclosure Laws
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