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Foreclosure Auction Homes in Franklin, TN

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Franklin, TN Foreclosures

How much do homes sell for in Franklin, TN?
The average home price is currently $1,145,180.
In Franklin, TN, how many homes are available?
There are currently 4 active home listings available in Franklin.
What’s the average rental cost in Franklin, TN?
The average rental price in Franklin is $2,451.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $161,729,000.
What is currently the cheapest priced home in Franklin, TN?
The cheapest home for sale in Franklin is priced at $12,401.

Living in Franklin, TN

Franklin, TN, offers a unique blend of historic charm and modern amenities, making it an attractive place to live. Known for its beautiful downtown filled with shops and restaurants, residents enjoy a vibrant lifestyle complemented by rich cultural experiences. With a strong emphasis on education and family, Franklin is the perfect place for those seeking both community and convenience.

Current Market Conditions in Franklin, TN

The Franklin real estate market has shown resilience over recent months, characterized by steady demand that continues to outpace supply. Home buyers are drawn to the area's charm, strong community feel, and proximity to Nashville, which offers a range of employment opportunities. As a result, home values have remained stable with slight appreciation noted in several neighborhoods.

The trend in Franklin is shifting towards more urban-style living, with new developments bringing modern amenities and conveniences closer to historic areas. Younger families and professionals are adding to the vibrancy of the neighborhoods, making Franklin a desirable location.

Home Value Estimator For Franklin, TN

There are currently 40,950 real estate properties in Franklin, TN, with a median automated valuation model (AVM) price of $838,604.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, TN, is $1,145,180.00, with the most expensive house in Franklin, TN, topping out at $161,729,000.00 and the cheapest home in Franklin, TN, clocking in at $12,401.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, TN!

Rent Prices In Franklin, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, TN, is on a rollercoaster ride. The average rent price in Franklin, TN, is $2,451.00. Indeed, when looking to rent in Franklin, TN, you can expect to pay as little as $720.00 or as much as $4,140.00, with the average rent median estimated to be $2,460.00. The good news is that finding an affordable and desirable property to rent in Franklin, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Franklin, TN Foreclosure Auction Homes


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