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Franklin

Why you'd want to live in Franklin

Franklin, Tennessee has a unique blend of history and new growth. Founded in 1799 and named after Benjamin Franklin. One of the bloodiest battles in the Civil War took place here, bringing thousands of historic tourists each year to visit the site of the Battle of Franklin, Carnton, the Carter House and many other historic locations throughout the City. In 2009, The National Trust for Historic Preservation awarded Franklin the prestigious title of Distinctive Destination for offering an authentic visitor experience by combining dynamic downtowns, cultural diversity, attractive architecture and a strong commitment to historic preservation. In the same year the American Planning Association named the downtown Franklin area a Top Ten Great Neighborhood for the Downtown Franklin’s outstanding historic character and architecture and meaningful protection measures the City has adopted to ensure Franklin’s unique sense of place is not compromised by future growth and development. via franklintn.gov

Franklin Market Report

$1,900,295

AVERAGE PRICE OF 890 HOMES

$3,003,784

AVERAGE PRICE OF 469 MULTI-MILLION DOLLAR HOMES

$1,437,300

AVERAGE PRICE OF 294 NEWLY BUILT HOMES

$3,236,749

AVERAGE PRICE OF 46 HOMES WITH A POOL

$867,180

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $1,900,295
Avg Bedrooms 3.29 beds
Avg Bathrooms 3.26 baths

Average Price by Bedrooms

1 bedroom $457,513
2 bedrooms $707,657
3 bedrooms $1,123,183
4 bedrooms $1,489,669
5 bedrooms $2,208,318
Franklin Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 917 910 914 n/a n/a
Average Price $1,789,723 $1,641,848 $1,635,373 n/a n/a
Avg Price Change +9.01% +0.40% n/a n/a n/a
Median Price $1,010,274 $994,781 $996,890 n/a n/a
Med Price Change +1.56% -0.21% n/a n/a n/a
Avg Bedrooms 3.28 beds 3.25 beds 3.25 beds n/a n/a
Avg Bathrooms 3.24 baths 3.2 baths 3.22 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Centennial High School 183 $819,227 63 days
Franklin High School 162 $2,211,936 68 days
Fred J Page High School 228 $1,580,448 99 days
Independence High School 207 $2,177,876 61 days
Ravenwood High School 68 $2,082,681 125 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 890 $1,900,295 79 days
Multi-Million Dollar Homes 469 $3,003,784 87 days
Newly Built Homes 294 $1,437,300 105 days
Homes with a Pool 46 $3,236,749 66 days
Reduced Price Homes 47 $867,180 48 days