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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

$2,095,854

AVERAGE PRICE OF 923 HOMES

$450,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,128,221

AVERAGE PRICE OF 528 MULTI-MILLION DOLLAR HOMES

$1,607,434

AVERAGE PRICE OF 303 NEWLY BUILT HOMES

$3,977,628

AVERAGE PRICE OF 66 HOMES WITH A POOL

$1,600,153

AVERAGE PRICE OF 52 REDUCED PRICE HOMES

Average Home

Average Price $2,095,854
Avg Bedrooms 3.26 beds
Avg Bathrooms 3.34 baths

Average Price by Bedrooms

1 bedroom $5,043,988
2 bedrooms $824,031
3 bedrooms $1,013,258
4 bedrooms $1,551,388
5 bedrooms $2,354,649
Franklin Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 922 851 791 782 724
Average Price $2,046,448 $2,009,801 $1,975,437 $1,957,951 $1,973,654
Avg Price Change +1.82% +1.74% +0.89% -0.80% +0.39%
Median Price $1,108,107 $1,096,175 $1,098,251 $1,099,716 $1,098,785
Med Price Change +1.09% -0.19% -0.13% +0.08% +0.25%
Avg Bedrooms 3.33 beds 3.4 beds 3.4 beds 3.41 beds 3.35 beds
Avg Bathrooms 3.38 baths 3.47 baths 3.45 baths 3.43 baths 3.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Centennial High School 142 $1,043,290 60 days
Franklin High School 150 $2,772,451 81 days
Fred J Page High School 274 $1,614,169 103 days
Independence High School 234 $2,436,099 68 days
Ravenwood High School 56 $2,026,856 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 923 $2,095,854 85 days
Distressed Homes 1 $450,000 103 days
Multi-Million Dollar Homes 528 $3,128,221 99 days
Newly Built Homes 303 $1,607,434 95 days
Homes with a Pool 66 $3,977,628 63 days
Reduced Price Homes 52 $1,600,153 50 days