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338 3rd Ave S, Franklin, TN 37064

338 3rd Ave S, Franklin, TN 37064, sold for $985,000 on August 31, 2026 ($608/sq ft). 2 bd · 2 ba · 1,621 sqft · $608/sqft · 0.18 ac.

Sold August 31, 2026 · $985,000

2 beds2 baths1,621 sq ft$608 /sq ft0.18 acres

MLS #3189757 · listed May 4, 2026 · updated August 31, 2026

2-bed, 2-bath home at 338 3rd Ave S in Historic Downtown Franklin, Franklin, 1,621 sqft, sold for $985,000 on August 31, 2026 ($608/sqft), listed by Hamilton Young LLC.

The quick read

338 3rd Ave S, a 2-bedroom, 2-bath home in Franklin, TN 37064, sold for $985,000 on August 31, 2026, $10,000 (1.0%) below its last list price of $995,000, after 61 days on market, well over the Franklin 37064 12-month median of 25 days. The listing described it as a fully restored 1892 Victorian. At about $608/sq ft across 1,621 sq ft, the sale was about 55% above the Franklin 37064 median active list price of $392/sq ft. It closed about 51% above its $653,700 county appraised value and about 46% above the address's prior recorded sale of $675,000 in 2021. Franklin 37064 home sales over the past 12 months: a median sale price of $1,132,520, up 5.4% from the year before; $373/sq ft, up 5.1% (1151 closings, per Realtracs). There are 609 active listings in Franklin 37064 properties today, and sales there have closed near 99% of list over the past year.

Recorded sales of this address: $675,000 in 2021, then $985,000 in 2026 (county records). The 2026 sale was about 46% above the prior sale, roughly 7.0% a year over 5.6 years, not adjusted for renovations or other improvements.

The sale price was about 51% above its $653,700 county appraised value on the Williamson County record.

Timeline: listed May 4, 2026, under contract July 4, 2026 after 61 days on market, closed August 31, 2026, per Realtracs.

Time to sell: 61 days on market, well over the 12-month median of 25 days for Franklin 37064 home sales (783 closings with a recorded listing period, per Realtracs).

Recent closings in Franklin 37064: 608 comparable homes from $641,000 to $1,327,855, a median of $325/sq ft.

Market read: the Franklin 37064 properties market is balanced today, at about 3.7 months of inventory; sales there have closed near 99% of list over the past year.

School zone: assigned to Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.

Next step: ask Grant Hammond about homes for sale near 338 3rd Ave S or what this sale means for a home you own nearby; he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Sale per Realtracs via IDX; figures as of August 31, 2026.

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

Description of 338 3rd Ave S

Welcome to 338 3rd Ave South, one of downtown Franklin's most cherished addresses. This rare Victorian gem, built in 1892 and fully restored in 2018, sits just blocks from Main Street! Rustic hardwood floors, contrasting contemporary finishes, neutral tones, soaring 11-foot ceilings, a covered front porch, and a back patio. Can be sold fully furnished! Two bedrooms and two full bathrooms make this an ideal primary residence, weekend retreat, or investment property!

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

Built 1892Fully furnished

Full property details

Complete reported fields for 338 3rd Ave S (reference).

MLS #3189757
Statussold
Closing price$985,000
ClosedAugust 31, 2026
Last list price$995,000
Price / sqft at closing$608
Bedrooms2
Bathrooms2
Living area1,621 sqft
All 25 property fields
Lot size0.18 acres
Year built1892
Stories1
HeatingCentral
CoolingYes
BasementCrawl Space
ConstructionWood Siding
Annual taxes$4,563
AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
SubdivisionHistoric Downtown Franklin
CountyWilliamson
ListedMay 4, 2026
UpdatedAugust 31, 2026

Listing activity

DateEventPriceChange
Back on market
Off market
Closed$985,000-$10,000 (-1.0%) vs list
Pending
Under contract
Listed$995,000
Deed recorded$675,000

Listed May 4, 2026, this listing was on the market 61 days before it went under contract. It returned to active status on September 17, 2026. It closed on August 31, 2026 for $985,000 (-$10,000 (-1.0%) against the last list price).

  • Sold for $985,000 (August 31, 2026), about 46% above the prior recorded sale ($675,000, January 28, 2021).
  • County assessment: $653,700 total appraised value (land $315,000 + improvements $338,700).

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

Sale summary

338 3rd Ave S sold for $985,000 on August 31, 2026, $10,000 (1.0%) below its last list price of $995,000. This home is no longer for sale; the figures below are the recorded sale, per Realtracs.

Closing price$985,000
Closed
Listed
Under contract
Days on market61 (listing to contract)
Last list price$995,000
Sale to list price99.0%
Prior recorded sale$675,000 ()
Change since the prior sale+46% (+7.0% a year, unadjusted)
Area median days on market (12 mo)25 days, Franklin 37064 (783 closings)
County appraised value$653,700
Sale vs. appraised value+51%
Price per sq ft at closing$608

Closing price and date per Realtracs via IDX. Not an estimate of current value.

How this home is priced

How 338 3rd Ave S compares in Franklin 37064

MetricThis homeFranklin 37064 activeRecently sold
Sale price / sq ft$608$392 median$325 median
Price position-+55% vs median~99% of list
Recent closings--608 sales

This sale beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 8, 2026.

How this home compares in Franklin 37064

Its sale at $608/sq ft compares with a median of $392/sq ft across the active homes in Franklin 37064 today.

Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of October 8, 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 listings609 in Franklin 37064 properties
Recent absorptionabout 164.6 sales / mo
Months of inventory3.7 months, a balanced market

Over the past 12 months, homes in Franklin 37064 properties sold at about 99% of list price.

Recorded sales in Franklin 37064 properties: 1151 in the past 12 months.

Supply-side and recent-sale context for Franklin 37064 properties. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 properties closings. Source Realtracs via IDX, as of September 27, 2026.

Location & neighborhood

338 3rd Ave S sits in Historic Downtown Franklin, Franklin, Williamson County.

Franklin 37064 market snapshot

In Franklin 37064, homes there are priced around $392 per square foot; inventory in Franklin 37064 properties is running at about 3.7 months, a balanced market; recent sales closed near 99% of list price; 608 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 8, 2026.

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

Assigned schools

338 3rd Ave S is zoned for Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.

Elementary
Franklin Elementary
Middle
Freedom Middle School

Ask Grant about 338 3rd Ave S

Get the full details, recent comparable sales, and any off-market options for 338 3rd Ave S. This home has sold; ask about similar homes for sale nearby or what this sale means for a home you own. Grant Hammond, Compass RE, replies personally, usually the same day.

Sent straight to Grant Hammond, Compass RE. Used only to respond to your inquiry, never sold or spammed. By submitting, you agree to be contacted about this property.

Similar & nearby

Recent sales nearby

Comparable homes that closed near 338 3rd Ave S in the past 12 months, by price and size. Closing prices per Realtracs.

Similar listings nearby

Comparable listings near 338 3rd Ave S, by price and size.

Listed by Ashley W. Roberts, Hamilton Young 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.

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

September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

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

August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.

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.

Popular searches in Franklin

Frequently asked questions about 338 3rd Ave S

Is 338 3rd Ave S, Franklin still for sale?

No. 338 3rd Ave S, Franklin sold for $985,000 on August 31, 2026, per Realtracs. Ask Grant Hammond, Compass RE, about homes for sale nearby.

How long has 338 3rd Ave S been on the market?

338 3rd Ave S was listed on May 4, 2026 and went under contract on July 4, 2026, after 61 days on the market, per Realtracs.

Has the price of 338 3rd Ave S changed?

No. The asking price has been $995,000 since it was listed on May 4, 2026.

What did 338 3rd Ave S, Franklin sell for?

$985,000, closing on August 31, 2026, $10,000 (1.0%) below its last list price of $995,000; about $608 per square foot across 1,621 square feet.

Did 338 3rd Ave S, Franklin sell above or below the asking price?

Below. It sold for $985,000, $10,000 (1.0%) below its last list price of $995,000, per Realtracs.

What did 338 3rd Ave S, Franklin sell for before?

The prior recorded sale was $675,000 on January 28, 2021 (county records). The 2026 sale was about 46% above the prior sale, roughly 7.0% a year over 5.6 years, not adjusted for renovations or other improvements.

What kind of home is 338 3rd Ave S, Franklin?

Per the listing, a fully restored 1892 Victorian. 1,621 square feet, 2 bedrooms, 2 bathrooms, on 0.18 acres.

How have Franklin 37064 home prices moved over the past year?

Franklin 37064 home sales over the past 12 months: a median sale price of $1,132,520, up 5.4% from the year before; $373/sq ft, up 5.1% (1151 closings, per Realtracs).

How does the sale price of 338 3rd Ave S, Franklin compare with its county appraised value?

It sold for $985,000, about 51% above its $653,700 county appraised value on the Williamson County record.

How many bedrooms and bathrooms does 338 3rd Ave S, Franklin have?

2 bedrooms and 2 bathrooms.

When was 338 3rd Ave S, Franklin built?

338 3rd Ave S, Franklin was built in 1892.

What subdivision is 338 3rd Ave S, Franklin in?

338 3rd Ave S, Franklin is in the Historic Downtown Franklin subdivision of Franklin.

How long did 338 3rd Ave S, Franklin take to sell?

61 days on market from listing to contract, well over the 12-month median of 25 days for Franklin 37064 home sales (783 closings with a recorded listing period, per Realtracs).

How does the sale of 338 3rd Ave S, Franklin compare with recent sales nearby?

At about $608 per square foot, it sold about 87% above the $325 median of 608 recent comparable closings in Franklin 37064, per Realtracs. Computed by Grant Hammond.

What schools is 338 3rd Ave S, Franklin zoned for?

338 3rd Ave S, Franklin is zoned for Franklin Elementary, Freedom Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

How do I find homes for sale near 338 3rd Ave S, Franklin?

Ask Grant Hammond, Compass RE, through the form on this page or call or text (615) 945-7123; he can send active listings and recent sales in Historic Downtown Franklin as they come up.

Who can tell me more about 338 3rd Ave S, Franklin?

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

Own a home near 338 3rd Ave S?

This home sold for $985,000 on August 31, 2026. Grant Hammond, Compass RE, can show what yours could sell for, from this sale and the other recent closings in Historic Downtown Franklin.

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