509 Averwater Ct, Franklin, TN 37067
509 Averwater Ct, Franklin, TN 37067, sold for $885,000 on July 10, 2026 ($269/sq ft). 5 bd · 2.5 ba (2 full, 1 half) · 3,290 sqft · $269/sqft · 0.59 ac.
509 Averwater Ct, Franklin, TN 37067, sold for $885,000 on July 10, 2026 ($269/sq ft). 5 bd · 2.5 ba (2 full, 1 half) · 3,290 sqft · $269/sqft · 0.59 ac.
Sold July 10, 2026 · $885,000
MLS #3182980 · listed April 16, 2026 · updated July 10, 2026
5-bed, 2.5-bath home at 509 Averwater Ct in Caldwell Est Sec 2, Franklin, 3,290 sqft, sold for $885,000 on July 10, 2026 ($269/sqft), listed by RE/MAX Choice Properties.
509 Averwater Ct, a 5-bedroom, 2.5-bath home in Franklin, TN 37067, sold for $885,000 on July 10, 2026, $40,000 (4.3%) below its last list price of $925,000, after 39 days on market, over the Franklin 37067 12-month median of 24 days. The listing described it as a 1995 traditional home with a pool. At about $269/sq ft across 3,290 sq ft, the sale was about 17% below the Franklin 37067 median active list price of $325/sq ft and about 9% below the $296/sq ft median of 221 comparable home closings in the past year. It closed about 56% above its $566,700 county appraised value and about 205% above the address's prior recorded sale of $290,000 in 2002. Franklin 37067 home sales over the past 12 months: a median sale price of $1,020,000, up 13.3% from the year before; $308/sq ft, flat against (363 closings, per Realtracs). There are 99 active listings in Franklin 37067 today, and sales there have closed near 99.4% of list over the past year.
Recorded sales of this address: $290,000 in 2002, then $885,000 in 2026 (county records). The 2026 sale was about 205% above the prior sale, roughly 4.7% a year over 24.1 years, not adjusted for renovations or other improvements.
The sale price was about 56% above its $566,700 county appraised value on the Williamson County record.
Timeline: listed April 16, 2026, under contract May 25, 2026 after 39 days on market, closed July 10, 2026, per Realtracs.
Time to sell: 39 days on market, over the 12-month median of 24 days for Franklin 37067 home sales (217 closings with a recorded listing period, per Realtracs).
Recent closings in Franklin 37067: 221 comparable homes from $576,180 to $1,194,013, a median of $296/sq ft; this sale at $269/sq ft is about 9% below that median.
Market read: the Franklin 37067 homes market is balanced today, at about 3.2 months of inventory; sales there have closed near 99.4% of list over the past year.
School zone: assigned to Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond about homes for sale near 509 Averwater Ct 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 July 10, 2026.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Just 4 miles to Downtown Franklin, this beautifully maintained 5 bedroom, 2.5 bath home offers the ideal blend of space, privacy, and location in highly sought-after Williamson County. Tucked on a quiet cul-de-sac and set on a generous lot backing to private greenspace, the fully fenced backyard feels like your own retreat with peaceful wooded views, mature trees, and frequent visits from deer and wildlife. This is the kind of outdoor space buyers are searching for. Flat, usable, and private with room to truly live. Whether it's kids, pets, entertaining, or simply unwinding at the end of the day, this backyard delivers. There is ample space to create your dream setup with a pool, outdoor kitchen, fire pit, or expanded patio while still maintaining privacy and open space. Inside, the home is designed for both everyday living and flexibility. A large bonus room provides the perfect space for a media room, playroom, or hobbies, while two oversized walk-in attic storage areas offer exceptional functionality for seasonal storage, organization, or future expansion potential. A three car garage adds even more convenience. Location truly sets this home apart. Just 2 minutes to Williamson Medical Center, 5 miles to Cool Springs shopping and dining, and 19 miles to Downtown Nashville with easy access to I-65. This home offers the lifestyle, location, and livability today's buyers are searching for. For the 2026-2027 school year, Williamson County Schools for the first time in the history of their schools, is offering open-zoned/out-of-zone enrollment opportunities for eligible Williamson County residents, subject to application, capacity, and lottery if needed. Applications and details available at www.wcs.edu/about-us/school-zones or call (615) 472-4000 and ask for the zoning dept. Please due appropriate due diligence. Private. Spacious. Connected. This is Franklin living at its best.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 509 Averwater Ct (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Pending | |||
| Closed | $885,000 | -$40,000 (-4.3%) vs list | |
| Under contract | |||
| Listed | $925,000 | ||
| Deed recorded | $290,000 |
Listed April 16, 2026, this listing was on the market 39 days before it went under contract. It closed on July 10, 2026 for $885,000 (-$40,000 (-4.3%) against the last list price).
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
509 Averwater Ct sold for $885,000 on July 10, 2026, $40,000 (4.3%) below its last list price of $925,000. This home is no longer for sale; the figures below are the recorded sale, per Realtracs.
| Closing price | $885,000 |
|---|---|
| Closed | |
| Listed | |
| Under contract | |
| Days on market | 39 (listing to contract) |
| Last list price | $925,000 |
| Sale to list price | 95.7% |
| Prior recorded sale | $290,000 () |
| Change since the prior sale | +205% (+4.7% a year, unadjusted) |
| Area median days on market (12 mo) | 24 days, Franklin 37067 (217 closings) |
| County appraised value | $566,700 |
| Sale vs. appraised value | +56% |
| Price per sq ft at closing | $269 |
| HOA dues (as listed) | $159 / mo |
Closing price and date per Realtracs via IDX. Not an estimate of current value.
| Metric | This home | Franklin 37067 active | Recently sold |
|---|---|---|---|
| Sale price / sq ft | $269 | $325 median | $296 median |
| Price position | - | -17% vs median | ~99.4% of list |
| Franklin 37067 vs greater Franklin | - | -11% | - |
| Recent closings | - | - | 221 sales |
This sale beside the active Franklin 37067 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 8, 2026.
Its sale at $269/sq ft compares with a median of $325/sq ft across the 219 active homes in Franklin 37067 today.
Franklin 37067 trades about 11% below greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the lower end per square foot for Franklin 37067.
Computed by Grant Hammond from 219 Franklin 37067 comparables (Realtracs via IDX), as of October 8, 2026, refreshed weekly.
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 zone | Median $/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).
| Active listings | 99 in Franklin 37067 homes |
|---|---|
| Recent absorption | about 30.9 sales / mo |
| Months of inventory | 3.2 months, a balanced market |
Over the past 12 months, homes in Franklin 37067 homes sold at about 99.4% of list price.
Recorded sales in Franklin 37067 homes: 363 in the past 12 months.
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 September 27, 2026.
509 Averwater Ct sits in Caldwell Est Sec 2, Franklin, Williamson County.
In Franklin 37067, homes there are priced around $325 per square foot; inventory in Franklin 37067 homes is running at about 3.2 months, a balanced market; recent sales closed near 99.4% of list price; 221 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).
509 Averwater Ct is zoned for Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 509 Averwater Ct. 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.
Comparable homes that closed near 509 Averwater Ct in the past 12 months, by price and size. Closing prices per Realtracs.
Comparable listings near 509 Averwater Ct, by price and size.
Listed by Jodi Culp, RE/MAX Choice Properties. 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.
Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.
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.
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.
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.
No. 509 Averwater Ct, Franklin sold for $885,000 on July 10, 2026, per Realtracs. Ask Grant Hammond, Compass RE, about homes for sale nearby.
509 Averwater Ct was listed on April 16, 2026 and went under contract on May 25, 2026, after 39 days on the market, per Realtracs.
No. The asking price has been $925,000 since it was listed on April 16, 2026.
$885,000, closing on July 10, 2026, $40,000 (4.3%) below its last list price of $925,000; about $269 per square foot across 3,290 square feet.
Below. It sold for $885,000, $40,000 (4.3%) below its last list price of $925,000, per Realtracs.
The prior recorded sale was $290,000 on June 10, 2002 (county records). The 2026 sale was about 205% above the prior sale, roughly 4.7% a year over 24.1 years, not adjusted for renovations or other improvements.
Per the listing, a 1995 traditional home with a pool. 3,290 square feet, 5 bedrooms, 2.5 bathrooms (2 full, 1 half), on 0.59 acres.
Franklin 37067 home sales over the past 12 months: a median sale price of $1,020,000, up 13.3% from the year before; $308/sq ft, flat against (363 closings, per Realtracs).
It sold for $885,000, about 56% above its $566,700 county appraised value on the Williamson County record.
5 bedrooms and 2.5 bathrooms (2 full, 1 half).
509 Averwater Ct, Franklin was built in 1995.
509 Averwater Ct, Franklin is in the Caldwell Est Sec 2 subdivision of Franklin.
HOA dues were $159 per month, as listed.
39 days on market from listing to contract, over the 12-month median of 24 days for Franklin 37067 home sales (217 closings with a recorded listing period, per Realtracs).
At about $269 per square foot, it sold about 9% below the $296 median of 221 recent comparable closings in Franklin 37067, per Realtracs. Computed by Grant Hammond.
509 Averwater Ct, Franklin is zoned for Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
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 Caldwell Est Sec 2 as they come up.
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 509 Averwater Ct?
This home sold for $885,000 on July 10, 2026. Grant Hammond, Compass RE, can show what yours could sell for, from this sale and the other recent closings in Caldwell Est Sec 2.
