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Franklin, TN 37064 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Franklin, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 2.55
ActiveActive listings: 3838PendingPending sales: 9797
Franklin, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $933k$933kSoldMedian sold price (last 6 months): $995k$995k
What homes actually sell for in Franklin, TN
Distribution of 953 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $725k to $1.55M
$390k to $721k: 188 sales$390k$721k to $1.05M: 280 sales280sales$1.05M to $1.38M: 149 sales$1.05M$1.38M to $1.72M: 98 sales$1.72M to $2.05M: 57 sales$1.72M$2.05M to $2.38M: 45 sales$2.38M to $2.71M: 28 sales$2.38M$2.71M to $3.04M: 13 salesMedian $995k

What the numbers say

As of August 26, 2026, Resideline is tracking 38 active listings and 97 pending sales in ZIP code 37064. That pending-to-active ratio of 2.55 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $932,910, while the median of the 953 closed sales Resideline tracked over the last six months was $995,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 37064 has been on the market for 900 days.

Frequently asked questions

What is the median home price in 37064?

The median closed sale price in Franklin, TN 37064 was $995,000 over the last six months, based on 953 closed sales tracked by Resideline. The middle half of those sales ranged from $725,000 to $1,550,000.

Is 37064 a buyer's or seller's market?

Resideline is currently tracking 97 pending sales against 38 active listings in 37064, a pending-to-active ratio of 2.55. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 37064 currently looks like a seller's market.

Nearby ZIP code market data

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