Franklin TN homes for sale – The sellers market continues here in Franklin with multiple offers on many new listings first day on the market.
- 272 Franklin TN homes sold during the month of August 2021
- 140 homes are currently listed for sale making the absorption rate around 2 weeks – a normal market would be 4 to 5 months
- 193 homes are currently under contract
- the median sales price for homes sold during the month of August was $725,000 compared to $561,338 last year an increase of 29%
- the median price per square foot for homes sold was $267 compared to $206 for August of 2020 an increase of 29%
- the average list price to sales price ratio for homes sold in August was 103.52%
According to the national association of realtors, the number of growing households has outpaced the number of homes in the last 10 years by over 5 million. It’s their estimate that we have a need for 5 million new homes at this time to have a balanced market. Ad that to the current political environment driving many businesses and people into middle Tennessee from other states that have a less than favorable environment for business and you have a sellers market that could continue for a long time. The biggest risk would be a significant increase in interest rates that nob0dy expects any time soon.
Search for Franklin TN homes for sale here – 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.
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Lot Size4,356 sqft
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Home Size3,155 sqft
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Beds4 Beds
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Baths4 Baths
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Year Built2013
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Lot Size20,909 sqft
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Home Size3,550 sqft
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Beds4 Beds
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Baths6 Baths
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Year Built1989
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Lot Size
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Home Size3,020 sqft
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Beds4 Beds
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Baths4 Baths
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Year Built2022
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Lot Size7,841 sqft
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Home Size2,021 sqft
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Beds3 Beds
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Baths2 Baths
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Year Built1997
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Lot Size2.00 ac
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Home Size1,938 sqft
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Beds3 Beds
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Baths2 Baths
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Year Built1975
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Lot Size5.58 ac
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Home Size1,578 sqft
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Beds2 Beds
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Baths1 Bath
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Year Built1918
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Lot Size2,178 sqft
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Home Size2,145 sqft
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Beds3 Beds
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Baths3 Baths
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Year Built2014
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Lot Size7,406 sqft
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Home Size2,792 sqft
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Beds4 Beds
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Baths3 Baths
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Year Built2001
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Lot Size11,326 sqft
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Home Size2,490 sqft
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Beds4 Beds
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Baths3 Baths
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Year Built1978
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Lot Size10,890 sqft
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Home Size4,467 sqft
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Beds4 Beds
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Baths5 Baths
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Year Built2007
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Lot Size8,712 sqft
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Home Size2,926 sqft
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Beds4 Beds
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Baths4 Baths
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Year Built2013
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Lot Size7,841 sqft
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Home Size1,978 sqft
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Beds3 Beds
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Baths3 Baths
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Year Built2002
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(all data current as of
5/25/2022)
Listing information deemed reliable but not guaranteed. Read full disclaimer.