Franklin TN Real Estate Market Update — July 2026

July 2026 Snapshot 

• ^{185 homes closed (+13.5% YoY)} 

• ^{Median sale price: $1,100,000 (+4.8% MoM, +15.8% YoY)} 

• ^{Average sale price: $1,478,205 (+22% YoY)} 

• ^{Median days on market: 12} 

• ^{Sale-to-list ratio: 99.64%} 

• ^{Price range: $325K–$11.7M | Built 1897–2026} 

For Buyers 

This market isn't slowing down. If you're comparing new construction communities, vet builders carefully — their on-site agent represents them, not you. 

For Sellers 

New construction is real competition, but historic and character homes still win with the right prep and pricing strategy. 

Thinking about buying or selling in Franklin? Get a free home valuation or compare builder communities today.