The Central Franklin housing market is not very competitive. The median sale price of a home in Central Franklin was $700K last month, up 27.3% since last year. The median sale price per square foot in Central Franklin is $347, up 28.5% since last year.
What is the housing market like in Central Franklin today?
In January 2025, Central Franklin home prices were up 27.3% compared to last year, selling for a median price of $700K. On average, homes in Central Franklin sell after 87 days on the market compared to 48 days last year. There were 57 homes sold in January this year, up from 25 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$699,999
+27.3% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Central Franklin, TN
$699,999
+27.3%
United States
To compare other locations to the Central Franklin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Franklin add value to a home.
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How hot is the Central Franklin housing market?
Central Franklin is not very competitive. Homes sell in 87 days.
0
100
28
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 87 days.
Hot homes
can sell for around list price and go pending in around 50 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.6%
-0.15 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Central Franklin, TN
96.6%
-0.15 pt
United States
View houses in Central Franklin that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Central Franklin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Franklin.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Franklin has a minor risk of flooding. 283 properties in Central Franklin are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Central Franklin. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Franklin has a moderate risk of wildfire. There are 164 properties in Central Franklin that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Central Franklin.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Central Franklin has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Central Franklin is most at risk from hurricanes. 4,807 properties in Central Franklin have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Central Franklin has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Central Franklin have a Major Heat Factor®.
Central Franklin is expected to see a 185% increase in the number of days over 106ºF over the next 30 years. Central Franklin is expected to experience 7