Market report, updated

Market Report

Search in the subdivision of Reese

Mercer Group LLC logo
Report prepared by Mercergrouprealtors.com Mercer Group LLC

Market at a glance

Over the last 6 months, homes sold for 99.2% of list price in 15 days on average.

Average price, last 12 months

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

List · $117K Sold · $117K
$1.3M$900K$500K$100K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in May. Last month: 0.

Where the market stands

All homes in this report, by status.

14homes
Active6 · 43%
Under contract4 · 29%
Sold (6 mo)4 · 29%

Buyer's or seller's market?

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

9.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$884K
Under contract$962K
Sold$600K

Average days on market

Active110 days
Under contract130 days
Sold15 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 6
Average list price $884,333
Avg. days on market 110 days
Avg. price per ft² $358
Avg. living area 2,443 ft²
Avg. beds / baths 3.2 / 3.2

Price vs. living area

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

$1.5M$1M$500K$0

Price vs. living area: 6 homes plotted, up to $1.5M 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 6 homes in this status.

2012 Lost Lake Way$396
1072 Pique Pl$368
1054 Pique Pl$365
1060 Pique Pl$343
1066 Pique Pl$341
5012 Penfield Dr$336

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2012 Lost Lake WayFranklin, TN 37069 443,271$1,298,500$39623 days
1060 Pique PlFranklin, TN 37069 332,115$726,900$343113 days
1066 Pique PlFranklin, TN 37069 332,126$725,900$341113 days
1054 Pique PlFranklin, TN 37069 332,395$874,900$365113 days
1072 Pique PlFranklin, TN 37069 332,412$889,900$368113 days
5012 Penfield DrFranklin, TN 37069 332,344$789,900$336186 days
Mercer Group LLC logo

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.

Mercergrouprealtors.com Mercer Group LLC

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

board logo

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.