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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

$1,955,055

AVERAGE PRICE OF 831 HOMES

$2,988,033

AVERAGE PRICE OF 456 MULTI-MILLION DOLLAR HOMES

$1,592,639

AVERAGE PRICE OF 296 NEWLY BUILT HOMES

$3,602,022

AVERAGE PRICE OF 42 HOMES WITH A POOL

$1,262,013

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $1,955,055
Avg Bedrooms 3.32 beds
Avg Bathrooms 3.34 baths

Average Price by Bedrooms

1 bedroom $324,648
2 bedrooms $829,793
3 bedrooms $944,890
4 bedrooms $1,548,171
5 bedrooms $2,358,567
Franklin Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 863 895 917 910 914
Average Price $1,924,485 $1,910,661 $1,789,723 $1,641,848 $1,635,373
Avg Price Change +0.72% +6.76% +9.01% +0.40% n/a
Median Price $1,074,020 $1,053,675 $1,010,274 $994,781 $996,890
Med Price Change +1.93% +4.30% +1.56% -0.21% n/a
Avg Bedrooms 3.35 beds 3.31 beds 3.28 beds 3.25 beds 3.25 beds
Avg Bathrooms 3.36 baths 3.29 baths 3.24 baths 3.2 baths 3.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Centennial High School 143 $867,277 60 days
Franklin High School 133 $2,187,646 98 days
Fred J Page High School 222 $1,618,942 115 days
Independence High School 222 $2,299,544 69 days
Ravenwood High School 64 $2,096,114 136 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 831 $1,955,055 92 days
Multi-Million Dollar Homes 456 $2,988,033 106 days
Newly Built Homes 296 $1,592,639 105 days
Homes with a Pool 42 $3,602,022 82 days
Reduced Price Homes 49 $1,262,013 55 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 2022 RealTracs Solutions. Listing information last updated on December 5, 2022.
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