Franklin TN Homes for Sale – June 2021 Update

Franklin TN homes for sale – The sellers market continues in Franklin with only 82 active listings on the day I wrote this compared to 1198 last year. We had 220 closings for the month of May giving us an absorption rate of less than one month. 

• 220  Franklin TN homes sold during the month of May 2021 
• 82 homes are currently listed for sale compared to 1198 for the same period last year 
• 276 homes are currently under contract
• the median sales price for Franklin homes sold during the month of May was $733,434 compared to  $569,500 last year an increase of 28%
• the median price per square foot for homes sold was $235 compared to $194 last May an increase of 21%
• the list price to sales price ratio for homes sold in May was 102.31%

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information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. View the top Franklin neighborhoods here.