Is Franklin, TN 37069 a buyer’s or seller’s market?
Franklin is a seller’s market. With about 3.3 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 29% of U.S. ZIP codes, and #120 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Franklin housing market right now
In the three months ending August 31, 2026, 12% of homes in Franklin, TN 37069 sold above their list price, the typical home went under contract in 58 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 120 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (47 days then) and the median sale price rose 23% to $982,075. Overall, Franklin is less competitive than a year ago, which gives buyers more room.
Within Williamson County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Franklin ranks #120 of 299 TN ZIP codes with enough sales (score 32 out of 100).
Nearby, College Grove 37046 (31% sold over asking) and Thompsons Station 37179 (22% sold over asking) are even more competitive.
Run the numbers for 37069
Nearby markets
Arrington 37014Seller’s market $351 /sq ftBrentwood 37027Balanced $346 /sq ftCollege Grove 37046Balanced $368 /sq ftFairview 37062Buyer’s market $247 /sq ft Browse all markets →Towns like Franklin nearby
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Questions about Franklin real estate
Is Franklin a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Franklin, TN 37069 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Franklin?
The typical home went under contract in 58 days in the latest three months.
Do homes in Franklin sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Franklin?
About 0.40% of a home’s value a year in Williamson County, or roughly $1,600 on a $400,000 home.
What is the median home price in Franklin?
The median sale price was $982,075 in the three months ending August 31, 2026, about $349 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology