Franklin TN Homes for Sale – Franklin homes continue to be in a busy sellers market with an absorption rate of 2 months and a list price to sales price ratio of 99%, it does seem like the rise in interest rates has slowed the market just a little with the average days on market creeping up to 9 days instead of the 7 days we had this time last year. Prices have continued to rise with the median price increasing 7.9% in the last 12 months.
- 254 homes sold in the month of June compared to 238 for the same month in 2017
- the median price per square foot of homes sold during the month was $177 compared to $171 for June of 2017 and increase of 3.5% year over year
- the list price to sales price ratio of homes sold was 98.71%
- the median days on market was only 9 days
- 581 Franklin TN homes are currently listed in the Nashville MLS for sale, but many of those are not completed homes and in many cases construction has not even started
- 285 homes are under contract at this time in Franklin
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For the most-up-to-date information on Franklin TN homes values, then we urge you to contact us. We can assist you with all aspects of buying or selling homes in Franklin and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Franklin real estate comes on the market or price reductions in Franklin TN real estate is posted.
Franklin TN is located just 20 miles south of downtown Nashville along I-65 in Williamson county. Blessed with a restored historic square and main street, Franklin has a lot of old world charm as well as attractions for those who enjoy fantastic shopping and dining in the Cool Springs area of Franklin. Fortune 500 businesses have also found that the Williamson county tax structure and a highly educated workforce make Franklin a very desirable location. It helps that Williamson county schools are the top ranked schools in the state, and several of the schools are ranked nationally in many publications. Find Franklin TN homes for sale here.
This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area
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(all data current as of 10/4/2023)
Listing information deemed reliable but not guaranteed. Read full disclaimer.