Franklin, TN Housing Market 2026: What Homes Actually Sell For

Franklin produces a steady stream of closings but little consensus: sales over the last six months span a range wide enough that the median is a midpoint between different markets, not a going rate. The distribution below matters more than the headline.

The snapshot

• •Closings tracked, last 6 months: 999
• •Median sold price, last 6 months: $875,000
• •Median sold $/sqft, last 6 months: $336
• •Middle half of sales closed between: $659,000 and $1,285,000

What the numbers say

Resideline tracked 999 closed sales in Franklin over the last six months, with a median closing price of $875,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $659,000 and $1,285,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 995 closings with usable living area, the middle half sold between $295 and $427 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Franklin, TN (September 2026)

The median home price in Franklin is $875,000, measured across the 999 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $659,000 and $1,285,000.

Where Franklin sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Franklin over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $659,000 and $1,285,000. Among the 71 Tennessee markets with a published band, Franklin's middle-half spread ($659,000 to $1,285,000) ranks 53rd from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 75th percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.

How long a sale takes here

• •Listed to under contract: a median of 27 days, across 476 Franklin closings Resideline tracked in the last six months
• •Contract to closing: a median of 25 days, across 442 Franklin closings Resideline tracked in the last six months

Franklin Real Estate Market Trends in 2026

Among the Franklin closings with usable living area over the last six months, single-family houses closed at a median of $346 per square foot (774 sales), townhouses at $325 (155 sales) and condos at $323 (63 sales).

The Franklin angle

Franklin closings span a lot of ground. Across 999 closings Resideline tracked over the last six months, the median closed sale price was $875,000, and the middle half of sales closed between $659,000 and $1,285,000, a band wider than most markets we track, with considerably more distance between the median and the upper quartile than between the median and the lower one. For a subject in the upper part of the range that asymmetry matters: comps taken from around the median will understate it, and a percentage adjustment will not close the gap reliably. Select from the tier the subject actually belongs to.

Franklin market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Franklin ZIP codes: 37064.

From market read to offer price

A spread this wide means the citywide number cannot price a specific address; the step that matters is the property-level read. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Franklin address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Franklin, TN
Geography: incorporated municipality, Census place 4727740
Data updated: September 2026
Analysis period: last six months
Tracked closings: 999
Median sold price: $875,000
Median sold $/sqft: $336 (995 qualifying)
https://resideline.com/blog/franklin-tn-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/franklin-tn-housing-market">
  <img src="https://resideline.com/images/embed/franklin-tn.png" alt="Franklin, TN home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/franklin-tn-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Franklin over the last six months, and is refreshed when the data is.