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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

$2,122,525

AVERAGE PRICE OF 937 HOMES

$450,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,209,641

AVERAGE PRICE OF 529 MULTI-MILLION DOLLAR HOMES

$1,583,419

AVERAGE PRICE OF 300 NEWLY BUILT HOMES

$4,145,570

AVERAGE PRICE OF 69 HOMES WITH A POOL

$1,250,921

AVERAGE PRICE OF 52 REDUCED PRICE HOMES

Average Home

Average Price $2,122,525
Avg Bedrooms 3.23 beds
Avg Bathrooms 3.31 baths

Average Price by Bedrooms

1 bedroom $4,511,878
2 bedrooms $832,239
3 bedrooms $1,000,386
4 bedrooms $1,584,796
5 bedrooms $2,354,690
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 147 $1,031,063 61 days
Franklin High School 151 $3,063,904 78 days
Fred J Page High School 274 $1,609,177 105 days
Independence High School 239 $2,411,960 68 days
Ravenwood High School 55 $2,011,319 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 937 $2,122,525 84 days
Distressed Homes 1 $450,000 106 days
Multi-Million Dollar Homes 529 $3,209,641 98 days
Newly Built Homes 300 $1,583,419 94 days
Homes with a Pool 69 $4,145,570 62 days
Reduced Price Homes 52 $1,250,921 46 days
American Dreams Realty
Richard Cassetty
114 Newby Street
Lebanon, TN 37087
615-498-2955

All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Copyright 2023 RealTracs Solutions. Listing information last updated on June 10, 2023.
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