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 Size15,639 sqft
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Home Size3,802 sqft
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Beds5 Beds
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Baths4 Baths
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Year Built2023
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Lot Size1,307 sqft
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Home Size2,106 sqft
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Beds4 Beds
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Baths4 Baths
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Year Built2015
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Lot Size26,136 sqft
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Home Size5,308 sqft
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Beds6 Beds
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Baths6 Baths
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Year Built2023
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Lot Size19,602 sqft
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Home Size3,677 sqft
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Beds4 Beds
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Baths4 Baths
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Year Built2012
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Lot Size1,307 sqft
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Home Size1,656 sqft
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Beds3 Beds
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Baths2 Baths
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Year Built1975
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Lot Size
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Home Size3,669 sqft
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Beds4 Beds
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Baths6 Baths
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Year Built2023
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Lot Size3.61 ac
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Home Size3,868 sqft
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Beds4 Beds
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Baths5 Baths
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Year Built2023
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Lot Size15,246 sqft
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Home Size3,445 sqft
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Beds4 Beds
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Baths4 Baths
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Year Built2023
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Lot Size14,811 sqft
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Home Size4,307 sqft
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Beds5 Beds
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Baths5 Baths
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Year Built2023
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Lot Size18,296 sqft
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Home Size2,544 sqft
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Beds4 Beds
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Baths3 Baths
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Year Built1985
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Lot Size1.10 ac
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Home Size2,524 sqft
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Beds4 Beds
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Baths3 Baths
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Year Built1971
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Lot Size13,504 sqft
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Home Size3,290 sqft
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Beds4 Beds
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Baths3 Baths
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Year Built1994
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(all data current as of
2/6/2023)
Listing information deemed reliable but not guaranteed. Read full disclaimer.