(courtesy of Redfin)
Median Sale Price
Median Sale Price per Sq. Ft.
Total Homes Sold
Median Days on Market
Sale-to-List Price
Homes Sold Above List Price
As of May 2024, Franklin home prices increased by 8.4% compared to the previous year, with a median sale price of $840K. On average, homes in Franklin sold after 30 days on the market, compared to 42 days last year. A total of 163 homes were sold in May this year, slightly down from 167 homes sold last year.
The Franklin housing market is moderately competitive, with homes typically receiving 3 offers and selling in about 30 days. Last month, the median sale price of a home in Franklin was $840K, reflecting an 8.4% increase from the previous year. Additionally, the median sale price per square foot rose to $321, marking a 2.9% increase over the past year.
Los Angeles homebuyers were most interested in relocating to Franklin, with Chicago and San Francisco following in popularity. For those in Franklin, Destin was the top choice for relocation, with Tullahoma and Mobile coming next.
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