Market report, updated

Market Report

Search in the subdivision of Historic Downtown Franklin

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Report prepared by Mercergrouprealtors.com Mercer Group LLC

Market at a glance

Over the last 6 months, homes sold for 97.6% of list price in 71 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.65M Sold · $1.55M
$5.1M$3.7M$2.3M$900K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 1 sale in Dec. Last month: 0.

Where the market stands

All homes in this report, by status.

7homes
Active4 · 57%
Sold (6 mo)3 · 43%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

8.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$2.13M
Sold$2.48M

Average days on market

Active18 days
Sold71 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $2,129,999
Avg. days on market 18 days
Avg. price per ft² $603
Avg. living area 3,494 ft²
Avg. beds / baths 4.0 / 3.8

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$6M$4M$2M$0

Price vs. living area: 4 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 4 homes in this status.

304 Stewart St$729
114 Gist St$616
1172 Brookwood Ave$552
305 4th Ave S$518

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
305 4th Ave SFranklin, TN 37064 433,860$1,999,999$5182 days
1172 Brookwood AveFranklin, TN 37064 321,358$750,000$5522 days
304 Stewart StFranklin, TN 37064 443,257$2,375,000$72914 days
114 Gist StFranklin, TN 37064 565,503$3,395,000$61653 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.