Franklin County, TN Home Values & Market Trends
The median home price in Franklin County, TN is $259,662.4. There were 832 home sales in Franklin County, TN over the past 12 months. The median residential Franklin County, TN home value for transactions over the previous year is $255,000. The number of current listings in Franklin County, TN is 64, and the percentage of properties for sale is 64.00%. The county has 15 foreclosures, 1 bank owned properties, 14 headed for auction, and 64 properties for sale.
Franklin County, TN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Winchester | $ 350,494 $ 179/sqft | Sewanee | $ 565,122 $ 226/sqft |
| Estill Springs | $ 389,550 $ 224/sqft | Cowan | $ 215,878 $ 151/sqft |
| Decherd | $ 120,800 $ 85/sqft | Belvidere | $ 480,839 $ 146/sqft |
| Huntland | $ 412,805 $ 190/sqft | Sherwood | $ -- $ -- |
Housing Market Summary for Franklin County, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $237.3K | $256K | 7.84% |
| Median Sold Price | $247.7K | $256K | 3.33% |
| Homes For Sale | 60 | 61 | 1.67% |
| Homes Sold | 454 | 420 | -7.49% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Franklin County, TN
Browse Homes in Franklin County, TN
Franklin County, TN home values range from $18,836 to $10,377,662. Sewanee is the priciest city with a median listing home price of $690,000, and Cowan is most affordable with average house prices of around $119,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Franklin County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Franklin County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Franklin County, TN ranges from the highest value of $296,362 in Huntland to the lowest value of $296,362 in Huntland. Bank owned homes and properties account for 0.01% of properties in Franklin County, TN. There are 8 cities within Franklin County, TN; Huntland containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsCowan has 3 auction properties, the highest number of properties going to auction in a single city in the state of Franklin County, TN. Auction homes and other auction properties account for 0.08% of all properties in Franklin County, TN. There are 8 cities within Franklin County, TN; of those cities, the median estimated home value for homes going to auction ranges from $265,882 in Estill Springs to the lowest value of $170,522 in Estill Springs.
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More Real Estate Resources for Franklin County, TN
Guide for Franklin County, TN
Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
