Franklin, TN housing market
Prices, days on market, supply and market temperature for Franklin, Tennessee, with the source and date next to every number.
Franklin housing market at a glance
As of August 31, 2026, the median sale price in Franklin, Tennessee was $863,000, up 12.8% from a year earlier. Homes took a median of 49 days to sell and sold for an average of 98.3% of list price. With 3.4 months of supply and 531 homes for sale, our blended rating is a balanced market, leaning toward sellers.
Source: Redfin Data Center. Figures are rolling 3-month values ending August 31, 2026.
Is Franklin a buyer’s or seller’s market?
Months of supply is how long it would take to sell every active listing at the current pace of sales. Under 4 months favors sellers, 4 to 6 months is balanced, and over 6 months favors buyers. The rating shown here also blends Zillow’s Market Temperature Index and Realtor.com county data. It describes recent sales and is not a forecast. See all cities.
Franklin home prices, days on market and price per square foot
Three years of Redfin rolling 3-month figures, from Sep 2023 to Aug 2026.
Median sale price
Days on market
Price per square foot
| Period ending | Median price | Days on market | Price / sq ft | Sale-to-list | Months of supply |
|---|---|---|---|---|---|
| Aug 2026 | $863,000 | 49 | $331 | 98.3% | 3.4 |
| Jul 2026 | $875,000 | 47 | $333 | 98.3% | 3.2 |
| Jun 2026 | $860,000 | 48 | $337 | 98.2% | 3.4 |
| May 2026 | $850,000 | 52 | $334 | 98.1% | 4 |
| Apr 2026 | $850,000 | 68 | $336 | 97.8% | 4.8 |
| Mar 2026 | $844,000 | 83 | $330 | 97.5% | 4.7 |
| Feb 2026 | $825,000 | 93 | $333 | 97.6% | 3.5 |
| Jan 2026 | $834,660 | 82 | $330 | 97.8% | 3.1 |
| Dec 2025 | $837,500 | 69 | $334 | 97.9% | 2.7 |
| Nov 2025 | $827,945 | 60 | $330 | 97.9% | 3.3 |
| Oct 2025 | $805,000 | 54 | $326 | 97.9% | 3.4 |
| Sep 2025 | $765,000 | 54 | $320 | 98.1% | 3.4 |
A year earlier (the period ending Aug 2025), the median sale price was $765,000 and homes took a median of 50 days to sell.
How Franklin compares with nearby cities
Numbers only. These are different places with different home types, so a lower or higher number is not a ranking. Same source and period for each.
Franklin housing market FAQ
Is Franklin, TN a buyer’s or seller’s market?
As of August 31, 2026, we rate Franklin a balanced market, leaning toward sellers, with the trend cooling. The rating blends Zillow’s Market Temperature Index, Redfin’s months of supply and Realtor.com county data, and the sources do not always agree. It is a snapshot of recent sales, not a forecast.
What is the median home price in Franklin, TN?
The median sale price was $863,000 for the three months ending August 31, 2026, up 12.8% from a year earlier (source: Redfin Data Center). The median is the middle sale price, so half of homes sold for more and half for less.
How long do homes take to sell in Franklin, TN?
The median was 49 days on market for the three months ending August 31, 2026, and homes sold for an average of 98.3% of list price (source: Redfin Data Center). Individual homes vary widely by price range and condition.
What is the price per square foot in Franklin, TN?
The median sale price per square foot was about $331 for the three months ending August 31, 2026, up 1.0% from a year earlier (source: Redfin Data Center). It varies a lot by home size, age and location.
How much inventory is there in Franklin, TN?
Redfin counted 531 homes for sale at the end of the period ending August 31, 2026, which is 3.4 months of supply at the recent pace of sales. Months of supply is how long it would take to sell every active listing at the current pace of sales.
Where can I see homes for sale in Franklin?
This site does not display live listings. To see homes that fit your budget and timeline, tell me what you are looking for through the Get Matched form and I will send you options.
Where these numbers come from
- Redfin Data Center (redfin.com/news/data-center): median sale price, price per square foot, days on market, sale-to-list ratio, inventory and months of supply for Franklin, rolling 3-month figures ending August 31, 2026.
- Zillow Research (zillow.com/research/data): Market Temperature Index, one input to the rating.
- Realtor.com Research (realtor.com/research/data): Williamson County hotness and listing activity, one input to the rating.
These figures are general market statistics for the whole city and may not reflect any one home, price range or neighborhood. Redfin updates its files monthly and this page refreshes automatically. This page is general information, not legal, tax, lending or financial advice. Equal Housing Opportunity.
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