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Homes for Sale Under 500K in Franklin, TN

484 Homes for Sale

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Showing 1 - 42 of 484 homes for sale in Franklin, TN

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Franklin, TN Housing Market Overview

Franklin is a balanced market, giving buyers and sellers room to negotiate. With 4.6 months of supply and homes averaging 58 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

58

Inventory

574

Oct 2021Jul 2024Oct 2026

Median Home Price

$854,600Up 7.23%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
574 Up 75.54%
Newly Listed Homes
694 Up 17.63%
Months of Supply
4.6 Up 84.00%

Housing Demand

Homes Sold
375 Down 6.25%
Sale-to-List Ratio
98% Up 0.16%
Homes Sold Above List
15.5% Up 63.26%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from Realtracs® through Nov 8, 2026, 11:45 AM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
  • mls-imgIDX Logo
    Based on information from the Greater Chattanooga REALTORS® (or, alternatively, from the MLS of Chattanooga, Inc.) through Nov 8, 2026, 11:45 AM. IDX information is provided exclusively for consumers' personal, non-commercial use; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 the Greater Chattanooga REALTORS®. All Rights Reserved.

    Angela Fowler | Angela Fowler Real Estate, LLC. | (423) 320-4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir Ringgold, GA 30736
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Homes Available icon

484

Homes Available

Median List Price icon

$ 854,600

Median List Price

Avg on Market icon

58 Days

Avg on Market