Stephanie & James Crawford

Franklin, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Franklin, TN

Thu Nov 14 2019
This week the median list price for Franklin, TN is $714,750 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 466. Click here to stay informed with the Franklin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Franklin, TN

Thu Nov 14 2019
This week the median list price for Franklin, TN is $714,750 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 466. Click here to stay informed with the Franklin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Franklin market.
Median List Price $714,750
Per Square Foot $211
Days on Market 113
Price Decreased 40%
Price Increased 8%
Relisted 24%
Inventory 466
Median Rent $2,200
Most Expensive $17,900,000
Least Expensive $100,000
Market Action 40
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,618,975 5,959 5 - 10 acres 5 5 13 5 6 180
$838,950 3,835 0.25 - 0.5 acre 4 4 8 18 8 90
$629,900 3,213 0.25 - 0.5 acre 4 3 4 13 8 90
$450,000 2,440 8,000 - 10,000 sqft 3 2 20 20 20 88