Franklin, TN Housing Market 2026: What's Actually Selling Right Now

If you invest in or around Franklin, the number that matters is what homes actually close for, not what sellers are asking. Here is what Franklin sale prices look like right now, built from the closings Resideline tracked over the last six months, as of August 2026.

The snapshot

• •Closings tracked, last 6 months: 980
• •Median sold price, last 6 months: $970,000
• •Middle half of sales closed between: $700,000 and $1,500,000

What the numbers say

Resideline tracked 980 closed sales in Franklin over the last six months, with a median closing price of $970,000. 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 $700,000 and $1,500,000. 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 we track, not a complete county record, so treat the count as a large sample of the market rather than every sale that happened.

Median home price in Franklin, TN (August 2026)

The median home price in Franklin is $970,000, measured across the 980 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $700,000 and $1,500,000.

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, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $700,000 and $1,500,000. Where your target property sits inside that spread matters more than the citywide median.

The Franklin angle

Franklin is the high end of the Nashville metro and its numbers say so plainly: a $970,000 median across 980 tracked closings, with the middle half running $700,000 to $1,500,000. That $800,000 interquartile span is larger than the entire median price of most cities in Tennessee, and it reflects a range that runs from established neighborhoods near downtown Franklin to large estate properties in Williamson County. Closings climbed through the spring, from 173 in April to 274 in May and 295 in June. At this price level, a valuation error of ten percent is six figures, so comparables need to match lot size, acreage and finish level, not just bedroom count.

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 market read is the backdrop. 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. The public scoreboard currently shows 3.21% median error across 6,276+ graded closings, across 50 states. 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.