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1018 Market St, Franklin, TN 37067

1018 Market St, Franklin, TN 37067, Active at $745,000 ($303/sq ft). 4 bd · 2.5 ba (2 full, 1 half) · 2,460 sqft · $303/sqft · 0.18 ac.

Active · $745,000

4 beds2.5 baths2,460 sq ft$303 /sq ft0.18 acres

MLS #3242411 · listed June 9, 2026 · 83 days on market · updated August 4, 2026

4-bed, 2.5-bath home at 1018 Market St in McKays Mill Sec 6, Franklin, 2,460 sqft, $745,000 ($303/sqft), by Benchmark Realty, LLC.

The quick read

1018 Market St is a 4-bedroom, 2.5-bath home in Franklin, TN 37067, offered at $745,000, about $303/sq ft across 2,460 sq ft.

At $303/sq ft, this home is about 7% above the McKays Mill median list price per square foot of $282.

Market read: the Franklin 37067 homes market is balanced, at about 3.7 months of inventory.

All-in, about $4,644/mo at 20% down (6.81% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $755/mo, roughly 16% of the all-in monthly payment.

At the current 6.81% 30-year rate, principal and interest on this home runs about $3,889/mo; at the 6.56% rate of about three months ago it would be roughly $3,791/mo, so monthly P&I is about $98 higher now.

School zone: assigned to Clovercroft Elementary School, Fred J Page Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.

Next step: ask Grant Hammond anything about 1018 Market St (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of August 4, 2026. RealTracs via IDX.

This is a standard residential home, not a permitted short-term rental.

Description of 1018 Market St

Huge price reduction and ready to sell! Great chance to own a home in McKays Mill! Welcome to this beautifully updated 4-bedroom, 2.5-bath home in the heart of Franklin, offering 2,460 square feet of thoughtfully designed living space. Freshly repainted throughout and featuring all-new flooring, this move-in-ready home combines modern updates with timeless comfort. Luxury vinyl plank flooring flows throughout the main living areas downstairs, while high-quality carpeting adds warmth and comfort to the upstairs bedrooms. The spacious kitchen is a true centerpiece, showcasing gorgeous quartz countertops, a large center island, new appliances- 2025, a generous pantry, and a sunny eat-in dining area. The main level also features a dedicated home office, formal dining room, and convenient laundry room. The inviting family room, open to the kitchen, is filled with natural light and anchored by a cozy gas fireplace flanked by custom built-in shelving, creating the perfect gathering space. Upstairs, all four bedrooms are generously sized, including a spacious primary suite featuring a walk-in closet and a luxurious en suite bath with dual vanities, a soaking tub, and a separate walk-in shower. A beautifully landscaped yard offers mature trees and plantings with a rear alley garage entry and courtyard area that will remind you of an English cottage. New Roof 2025! Located in beautiful Franklin, this exceptional home offers the perfect blend of style, functionality, and comfort in one of Middle Tennessee's most desirable communities.

Listing remarks via the RealTracs Internet Data Exchange.

Highlights

2-car garageBuilt 2004

Full property details

Complete reported fields for 1018 Market St (reference).

MLS #3242411
StatusActive
Price$745,000
Price / sqft$303
Bedrooms4
Bathrooms2.5 (2 full, 1 half)
Living area2,460 sqft
Lot size0.18 acres
Year built2004
All 30 property fields
Garage spaces2
Stories2
HeatingNatural Gas
CoolingYes
BasementCrawl Space
ConstructionFiber Cement
ParkingGarage Door Opener, Garage Faces Rear, Attached
Annual taxes$2,681
AppliancesDishwasher, Disposal, Gas Range, Microwave
Interior featuresBookcases, Ceiling Fan(s), Entrance Foyer, Open Floorplan, Pantry, Walk-In Closet(s)
FireplaceYes
Water sourcePublic
SewerPublic Sewer
UtilitiesNatural Gas Available, Water Available, Underground Utilities
Garage typeAttached Garage, Yes
HOA dues$108 / mo
SubdivisionMcKays Mill Sec 6
CountyWilliamson
ListedJune 9, 2026
Days on market83
UpdatedAugust 4, 2026

Listing activity

DateEventPriceChange
Last recorded sale$250,896
Listed$745,000
  • Listed at $745,000, about 197% above the last recorded sale ($250,896, April 30, 2004).
  • County assessment: $429,300 total appraised value (land $100,000 + improvements $329,300).

County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.

Cost of ownership

Estimated monthly ownership for 1018 Market St at $745,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.

List price$745,000
HOA dues$108 / mo
Property tax basisAssessed value × 25% (TN residential ratio) × the Williamson County rate

Financing 1018 Market St, Franklin

Estimated total monthly payment for 1018 Market St is about $4,644/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $3,889, estimated property tax $248, homeowners insurance $399, and HOA dues $108. Estimate only; not a loan offer.

Principal & interest$3,889/mo
Property tax (est.)$248/mo
Homeowners insurance (est.)$399/mo
HOA dues$108/mo
Estimated total$4,644/mo
7.25%6.13%6.81%January 14, 2025August 28, 2026
30-year fixed ranged 6.13% to 7.25% over the last 104 readings, currently 6.81% (Mortgage News Daily, as of August 28, 2026).

Assumes 20% down, 30-year fixed at 6.81% (Mortgage News Daily, as of August 28, 2026). Property tax uses the Franklin, Williamson County rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
5.81%$3,501/mo$4,256/mo-$388/mo
6.31%$3,693/mo$4,448/mo-$196/mo
6.81%$3,889/mo$4,644/mocurrent
7.31%$4,090/mo$4,845/mo+$201/mo
7.81%$4,295/mo$5,050/mo+$406/mo

Principal & interest on a 30-year fixed at 20% down ($596,000 loan), with property tax, insurance, and HOA held constant at $755/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.

Buy versus rent, 1018 Market St

Owning 1018 Market St runs about $4,644/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.

Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.

Property-tax outlook

The Williamson County appraised value of $429,300 trails the $745,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,713 now to roughly $2,973 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.

How this home is priced

How 1018 Market St compares in McKays Mill

MetricThis homeMcKays Mill activeRecently sold
Price / sq ft$303$282 median-
Price position70th pctile+7% vs median-
McKays Mill vs Franklin 37067 area--13%-

This listing beside the active McKays Mill market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.

How this home compares in McKays Mill

Among the 24 active homes in McKays Mill, this home at $303/sq ft falls in the 70th percentile on price per square foot.

McKays Mill trades about 13% below Franklin 37067 area on a price-per-square-foot basis.

Taken together, this home reads toward the higher end per square foot for McKays Mill.

Computed by Grant Hammond from 24 McKays Mill comparables (RealTracs via IDX), as of August 30, 2026, refreshed weekly.

Home prices by high-school zone in Williamson County

Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.

High-school zoneMedian $/sq ft
Brentwood$367/sq ft
Ravenwood$351/sq ft
Franklin$349/sq ft
Independence$338/sq ft
Fred J. Page$327/sq ft
Centennial$306/sq ft
Nolensville$300/sq ft
Summit$271/sq ft
Fairview$261/sq ft

Computed by Grant Hammond from active Williamson County listings (RealTracs via IDX).

Competition & market pace

Active listings103 in Franklin 37067 homes
Recent absorptionabout 27.8 sales / mo
Months of inventory3.7 months, a balanced market

Supply-side and recent-sale context for Franklin 37067 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37067 homes closings. Source RealTracs via IDX, as of August 29, 2026.

Location & neighborhood

1018 Market St sits in McKays Mill Sec 6, Franklin, Williamson County.

McKays Mill market snapshot

In McKays Mill, homes there are priced around $282 per square foot; inventory in Franklin 37067 homes is running at about 3.7 months, a balanced market.

Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.

Approximately 17 miles from downtown Nashville (straight-line distance).

Assigned schools

1018 Market St is zoned for Clovercroft Elementary School, Fred J Page Middle School, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.

Middle
Fred J Page Middle School

Ask Grant about 1018 Market St

Get the full details, recent comparable sales, and any off-market options for 1018 Market St - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

Similar active listings

Comparable active listings near 1018 Market St, by price and size.

Listed with Benchmark Realty, LLC. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.

Nashville real estate insights

Read: Franklin TN Home Prices: The Williamson County Market Pulse
Franklin TN Home Prices: The Williamson County Market Pulse

Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.

Jimmy Franks Sells Franklin Mansion to Kenny Chesney

Country music star Kenny Chesney purchased a Franklin mansion from Jimmy Franks, representing one of the most notable celebrity real estate transactions in Williamson County.

Read: Middle Tennessee Real Estate Market Update July 2026
Middle Tennessee Real Estate Market Update July 2026

July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

Read: Brentwood, TN New Construction: 3 Subdivisions to Watch This Summer
Brentwood, TN New Construction: 3 Subdivisions to Watch This Summer

Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.

Popular searches in Franklin

Frequently asked questions about 1018 Market St

Is 1018 Market St, Franklin still for sale?

As of the latest update (August 4, 2026), 1018 Market St, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

How much does 1018 Market St, Franklin cost?

1018 Market St, Franklin is listed at $745,000, about $303 per square foot across 2,460 square feet.

How many bedrooms and bathrooms does 1018 Market St, Franklin have?

4 bedrooms and 2.5 bathrooms (2 full, 1 half).

What is the price per square foot?

About $303 per square foot ($745,000 across 2,460 sqft).

When was 1018 Market St, Franklin built?

1018 Market St, Franklin was built in 2004.

Does 1018 Market St, Franklin have a garage?

Yes, 2 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $108 per month, as listed.

What subdivision is 1018 Market St, Franklin in?

1018 Market St, Franklin is in the McKays Mill Sec 6 subdivision of Franklin.

What is the estimated monthly payment for 1018 Market St, Franklin?

About $4,644 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $3,889, estimated property tax $248, insurance $399, and HOA $108. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 1018 Market St, Franklin zoned for?

1018 Market St, Franklin is zoned for Clovercroft Elementary School, Fred J Page Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

Is 1018 Market St, Franklin a short-term-rental property?

No, 1018 Market St, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.

How do I schedule a tour of 1018 Market St, Franklin?

Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.

How do I make an offer on 1018 Market St, Franklin?

Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.

Are more photos and details available for 1018 Market St, Franklin?

Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.

Who can tell me more about 1018 Market St, Franklin?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 1018 Market St, Franklin priced compared to the market?

At about $303 per square foot, 1018 Market St, Franklin ranks in the 70th percentile of active McKays Mill listings by price per square foot, roughly 7% above the McKays Mill median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Franklin 37067 homes market favoring buyers or sellers?

The Franklin 37067 homes market is currently balanced, at about 3.7 months of inventory, per RealTracs as of 2026-08-29.

Thinking of selling in McKays Mill Sec 6?

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