Franklin, TN Market Snapshot: August 2026

Here's a look at where the Williamson County housing market stands this week, built on the latest available numbers for the Franklin area.

The median list price in Williamson County sits at $1,136,328, down 3.3% from a year ago, though it has held steady with no change over the past month. Homes are typically spending 59 days on the market, and inventory stands at 1,700 active listings against 4.8 months of supply. Last month brought 588 new listings, while 544 listings saw a price cut, suggesting many sellers are adjusting expectations to meet current conditions.

Zooming out, Franklin itself remains a city of about 85,575 residents, with a median home value around $646,300 and a median household income near $115,000, according to the latest Census data. About 64% of homes are owner-occupied, and the typical home in the city was built around 2001.

Together, these figures paint a picture of a market with solid inventory and some room for negotiation, shaped by a long-established housing stock and a stable homeownership base.

If you're curious how these numbers might apply to your own situation, Joshua Lowery is happy to walk through the details with you.

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This update reflects publicly available market and U.S. Census data as of the date above. It is general information, not a home valuation, appraisal, or legal, tax, or investment advice.