Franklin is Williamson County’s largest residential market and Middle Tennessee’s most consequential city outside Nashville’s Davidson County borders. Founded in 1799 and named for Benjamin Franklin, the city’s historic downtown preserves brick storefronts, ironwork, and a public square that have appeared in more films and television productions than any small city in the South. Beyond Main Street and the Civil War battlefield, Franklin extends across roughly forty-four square miles of rolling Williamson County terrain, ranging from established 1990s and 2000s master-planned communities through 1850s farmhouse estates on multi-acre lots and trophy properties along Leipers Creek that transact in the eight-figure range. Westhaven, the city’s largest master-planned community, has closed more than 300 homes in the past 36 months and remains Franklin’s most active single development. At the same time, Leipers Fork, a small unincorporated village within Franklin’s outer boundary, holds some of the most coveted estate land in Tennessee. The two extremes coexist within twenty minutes’ drive of each other.
Franklin Market at a Glance
| Closed sales (36 months, all Franklin ZIPs) | 4,906 |
| Median closed sale price | $1,018,310 |
| Mean closed sale price | $1,273,100 |
| Median price per square foot | $334 |
| Median days on market | 12 days |
| Median year built (closed) | 2006 (new-construction-heavy) |
| Active inventory | 505 listings, $1,395,000 median list |
| 37064 (downtown Franklin + western Franklin) | 4,653 properties in dataset, largest ZIP |
| 37067 (eastern Franklin, Cool Springs corridor) | 1,316 properties |
| 37069 (north Franklin, including Westhaven) | 1,063 properties |
| Top recent closed sale | $35,000,000 (998 Dickinson Ln, Hillside Meadows, 5,488 sqft) |
| Top active listing | $35,900,000 (5284 Poor House Hollow Rd, Traceland Est) |
Source: RealTracs MLS, 36-month trailing closed sales through 2026-05-21, all Franklin ZIPs.
Current Franklin Listings
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What Makes Franklin Different
Four factors define Franklin within the broader Middle Tennessee market.
Volume and depth. Franklin’s nearly 5,000 closed sales over 36 months exceed any other Williamson or Davidson submarket Grant tracks. Inventory breadth is unmatched, and active listings at any given time typically run 400 to 600 properties.
Master-planned anchor. Westhaven, the city’s largest community, has closed 313 homes (combining naming variants) over the past 36 months at a median of $1.38M and $458 per square foot. The development’s combination of walkable village character, golf course, club amenities, and consistent architectural design has set the standard for Williamson County master-planned development.
Williamson County school zoning. Williamson County Schools is consistently ranked among the highest-performing public school systems in Tennessee, and school zoning is the single most-cited reason buyers relocate to Franklin from out of state. Specific elementary, middle, and high school assignments depend on the exact street address.
The Leipers Fork ultra-luxury enclave. Leipers Fork, an unincorporated village within Franklin’s outer boundary, has closed multiple properties above $10M in the past 36 months, including $18.25M and $10.5M at 3385 Bailey Road. Active inventory includes properties listed at $14.5M and higher. The combination of multi-acre estate land, Leiper’s Creek frontage, and the village’s preserved character produces Franklin’s deepest trophy tier.
Franklin Sub-Markets and Master-Planned Communities
Westhaven (37064 / 37069)
313 closed sales over 36 months across all naming variants. The city’s largest master-planned community, with a recognizable village center, golf course, club amenities, and a consistent traditional architectural language. Median sale $1.38M, median $458 per square foot. Inventory ranges from $700K townhomes to $4M+ estate homes on the largest lots.
Poplar Farms (37064)
81 closed sales (98 including Sec 1 variant). Established 1990s-2000s community, mid-luxury price band.
St Marlo (37067)
66 closed sales. Cool Springs-area community, accessible to the I-65 corridor.
Terra Vista (37067)
57 closed sales. Cool Springs-area, newer construction.
Stream Valley (37064)
57 closed sales. West Franklin community.
Starnes Creek (37064)
55 closed sales. West Franklin community with strong recent-construction activity.
Waters Edge (37064)
51 closed sales plus another 18 in Sec 7. Established West Franklin community.
Southbrooke (37064)
51 closed sales.
Cottonwood Estates (37064)
38 closed sales.
Sullivan Farms (37064)
35 closed sales in Section A, plus 17 in Section E. Established mid-luxury community.
Downtown Franklin (37064)
30 closed sales in the historic downtown core. Distinct character; smaller-lot historic homes, often on the National Register, with significant restoration premiums.
Bonterra, Daventry, Lookaway Farms, Lockwood Glen, SouthVale, Hill Estates, Hillsboro Acres, Boyd Mill Estates, Willowsprings, Franklin Green, Fieldstone Farms
Each with 15-25 closed sales. The connective residential fabric of Franklin’s master-planned and traditional subdivision inventory. Sub-community selection at this tier often comes down to specific street, lot size, and finish-out level.
Leipers Fork (37064 outer)
18 closed sales in the named subdivision, plus additional Leipers Fork-area inventory under other names. Multi-acre estate properties with creek frontage. The recent $18.25M closing at 3385 Bailey Road sets the high-water mark for the area. Active inventory currently includes $14.5M at 5476 Leipers Creek Road and $10M at 3360 Sweeney Hollow Road.
Franklin Pricing Tiers
Entry to Mid-Market: Under $750,000
1,248 closed sales over 36 months. Primarily older 1990s Sullivan Farms, Fieldstone Farms, and outer Franklin Green inventory, plus a small share of Westhaven townhomes and entry-level Cottonwood Estates. The deepest entry-band inventory in Williamson County.
Mid-Luxury: $750,000 to $1.5M
2,634 closed sales. The heart of the Franklin market. Covers most Westhaven, Poplar Farms, Terra Vista, Stream Valley, Starnes Creek, and Waters Edge inventory plus the better Sullivan Farms and Lockwood Glen properties.
Established Luxury: $1.5M to $3M
837 closed sales. Larger Westhaven homes, the better Cool Springs-area communities, premium Sullivan Farms estates, and the higher-tier downtown Franklin restorations. Median Franklin estate-tier inventory falls in this band.
Top Tier: $3M to $5M
132 closed sales. Largest Westhaven estate homes, multi-acre Hillsboro Pike properties, and the upper-tier custom builds throughout the city.
Trophy Tier: $5M and Above
55 closed sales. Concentrated in Leipers Fork, the outer estate corridors along Bailey Road, Hillsboro Pike, and Murfreesboro Road, and select Hidden River and Avalon estate properties. Recent closings include $35M at 998 Dickinson Lane (Hillside Meadows), $18.25M and $10.5M at 3385 Bailey Road (Leipers Fork), $18.1M at 1020 Harmony Hills Drive (a 65,151-square-foot compound), $17.5M at 2014 Old Hillsboro Road, $16.35M at 4640 Murfreesboro Road East (2023 build), $12.75M at 2407 Hidden River Lane, $11.8M at 513 King Richards Court (Tor of Avalon), and $9.9M at 512 King Richards Court.
Active trophy inventory currently includes $35.9M at 5284 Poor House Hollow Road (Traceland Estate), $30M at 5715 Greenbrier Road, $24M at 2465 Old Charlotte Pike (Crow Robin), $19.995M at 3530 Bailey Road, and $14.5M in Leipers Fork.
Living in Franklin
Franklin’s daily rhythm is shaped by its historic downtown, its master-planned village centers, and Williamson County’s school zoning. The historic Main Street and Public Square anchor the city’s commercial and social identity, with restaurants, retail, and event space that draw both residents and out-of-town visitors. Westhaven Village provides a secondary commercial center for the western Franklin residents. Cool Springs Galleria and the broader Cool Springs corridor concentrate the eastern Franklin retail anchors.
Franklin’s parks and natural features include Pinkerton Park, Harlinsdale Farm (a former thoroughbred horse farm converted to public greenspace), Bicentennial Park along the Harpeth River, the Carnton Plantation and battlefield site, and the broader Williamson County trail system. Leiper’s Fork’s village character, on the western edge of the city, preserves a working-village feel with restaurants, music venues, and antique shops at small scale.
Franklin is served by Williamson County Schools (WCS) with assigned attendance zones by street address. WCS ranks consistently among Tennessee’s top public school districts. Several private school options serve Franklin including Battle Ground Academy, Franklin Road Academy, Christ Presbyterian Academy, and others. Specific public school assignments depend on the exact street address and Grant verifies zoning during showings.
Franklin’s commute profile depends heavily on destination. Downtown Nashville is twenty-five to forty minutes via I-65, depending on traffic. The Cool Springs office corridor is five to ten minutes from most Franklin addresses. Nashville International Airport is thirty minutes off-peak. For commuters with downtown Nashville offices, the I-65 corridor and Franklin Road both function as primary arteries.
Franklin Homes FAQs
How much do homes cost in Franklin, TN?
Franklin single-family homes have closed at a median price of around $850,000 over the last 36 months, with active inventory ranging from the high $400,000s for resale ranches to over $5 million for estate properties in Westhaven, Laurelbrook, and the Leiper’s Fork area. The Williamson County premium versus Davidson County runs roughly 15 to 25 percent at comparable price points.
What is the difference between Franklin and Brentwood?
Brentwood sits closer to Nashville with shorter commute times and higher median pricing, typically $1.2 million plus. Franklin spans a much larger geographic footprint, includes historic downtown Franklin as an active retail and dining district, and offers more variety in price tier and home style. Franklin also has more active master-planned community inventory.
Is downtown Franklin worth living in?
Downtown Franklin and the surrounding Five Points historic district offer a rare combination of walkable retail, Main Street dining, and preserved 19th-century architecture. Single-family homes within walking distance of Main Street command a substantial premium and rarely come to market. Most new residents to the downtown core come from out-of-state relocations seeking the walkable small-town feel.
Are Franklin schools highly rated?
Franklin properties sit within Williamson County Schools or Franklin Special School District, depending on exact address. School district boundaries do not always follow neighborhood lines, and a small move can change district assignment significantly. Buyers should verify current assignment through the Williamson County Schools boundary lookup tool before making an offer.
How long do Franklin homes take to sell?
Median days on market for Franklin single-family homes runs around 35 to 50 days over the last 36 months, slightly longer than Davidson County overall because Franklin’s buyer pool skews more toward relocation buyers who need longer decision timelines. Master-planned community resales move faster than older established neighborhoods.
What new construction is happening in Franklin?
Franklin has the most active new-construction pipeline in Middle Tennessee, anchored by Westhaven, Berry Farms, Tollgate Village, and ongoing build-out within Laurelbrook and Reserve at Berry Farms. New-construction pricing ranges from the high $600,000s for production builds in Berry Farms to over $4 million for custom estate homes in Westhaven and Laurelbrook.
Where are the luxury homes in Franklin?
The highest-end Franklin inventory clusters in Laurelbrook, Westhaven, the Reserve at Berry Farms, Annandale, and along Old Hillsboro Road extending toward Leiper’s Fork. Estate properties on 10 plus acre lots regularly trade between $4 million and $10 million along Old Hillsboro Road. Westhaven and Laurelbrook concentrate the high-end production and semi-custom inventory.
How long is the commute from Franklin to Nashville?
Commute times from central Franklin to downtown Nashville run roughly 30 to 45 minutes via Interstate 65 during peak hours and 25 to 35 minutes off-peak. Properties west of I-65 toward Leiper’s Fork add 10 to 15 minutes. The Cool Springs commercial district provides a closer-in employment alternative for many Franklin residents.
What is Westhaven?
Westhaven is a 1,500-acre master-planned community at the south end of Franklin, anchored by an 18-hole Tom Fazio-designed golf course, an Athletic Club, multiple pools, and a Town Center retail district. Home prices range from the high $700,000s for cottages to over $4 million for custom estates on the golf course. Westhaven has been the dominant Franklin master-planned community for over 20 years.
Are there gated communities in Franklin?
Yes. Gated Franklin communities include Annandale, Governors Club (located in Brentwood but Franklin-adjacent), Laurelbrook, and several smaller gated enclaves along Old Hillsboro Road and within the Reserve at Berry Farms. Westhaven is not fully gated but operates with controlled access at certain perimeter entrances.
Working with Grant Hammond in Franklin
Franklin is the most volume-deep Williamson County submarket, which changes the brokerage value proposition. Pricing precision matters because the breadth of master-planned community inventory produces direct comparables in nearly every transaction; getting comp selection right is critical. Off-market awareness matters most at the upper-tier ($3M+) and trophy ($5M+) ends, where Leipers Fork and the outer estate corridors transact more often through relationship than through portal exposure. Sub-community literacy matters because Westhaven alone has dozens of distinct sub-sections, each with its own price band, age cohort, and resale dynamics.
Grant Hammond has been a Nashville real estate broker for 25 years with more than $1 billion in career sales. His luxury residential practice concentrates in Davidson County’s western luxury corridor (Belle Meade, Green Hills, Forest Hills) plus Williamson County, with active representation across Brentwood and Franklin. Grant has direct relationships with builders active in Westhaven, the broader Williamson County master-planned community network, and the inspection, title, and lending professionals experienced with the full Franklin price range.
For Franklin buyers and sellers, the value of an experienced broker compounds across the transaction. Broker fees are not set by law and are fully negotiable.
Related Middle Tennessee Submarkets
Brentwood Homes for Sale – Adjacent Williamson County submarket, $1.47M median, twenty featured subdivisions
Belle Meade Homes for Sale – Davidson County top-tier luxury, $2.7M median
Forest Hills Homes for Sale – Davidson County trophy estate concentration
Green Hills Homes for Sale – Davidson County established mid-luxury
Germantown Homes for Sale – Walkable urban luxury, Hanover anchor
East Nashville Homes for Sale – Davidson eclectic mid-luxury, historic + new infill
Nashville Homes for Sale – Davidson County overview
Nashville’s 20 Most Expensive Homes – Top of Middle Tennessee luxury, updated as new closings occur
Nashville Authority Hubs and Cross-Silo Resources
Nashville High-Rise and Mid-Rise Condos – Master guide across 12 condo neighborhoods and 45+ buildings
Nashville Trophy Condominium Inventory – Buildings over $1.2M across the urban core
Nashville Condo STR Permission Guide – NOOSTR-permitted buildings for short-term rental investment
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Nashville Condo Construction Timeline – Pre-construction and just-delivered inventory
Nashville Vacation Rental Resources – Investment data, market news, and ownership guides
Davidson and Williamson County Mortgage Rates – Current rates and financing context for Davidson and Williamson Counties
Nashville Condos for Sale – Master guide across 12 condo neighborhoods and 45+ buildings
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