Your Real Estate Market Update
Franklin, TN
Single-Family Homes
Sarah Geiger
Franklin, TN
Fri Aug 07 2026
This week the median list price for Franklin, TN is $1,332,500 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 566.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $1,332,500 | |
| Median Price of New Listings | $999,900 | |
| Per Square Foot | $393 | |
| Average Days on Market | 101 | |
| Median Days on Market | 63 | |
| Price Decreased | 37% | |
| Price Increased | 3% | |
| Relisted | 20% | |
| Inventory | 566 | |
| Median Rent | ||
| Market Action | 33 | |
| Slight Seller's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $3,149,000 | 5,141 | 2.5 - 5 acres | 4 | 5 | 18 | 2 | 6 | 98 |
| $1,719,495 | 4,238 | 0.25 - 0.5 acre | 4 | 4.5 | 12 | 14 | 13 | 49 |
| $1,081,500 | 3,149 | 0.25 - 0.5 acre | 4 | 3.5 | 19 | 12 | 13 | 49 |
| $775,000 | 2,451 | 8,000 - 10,000 sqft | 4 | 2.5 | 27 | 15 | 8 | 63 |