Every Sunday, The Tennessean highlights a different ZIP code, as we strive to inform readers and help them navigate Middle Tennessee’s real estate market.
Just 14 miles from Nashville, downtown Franklin is home to boutiques, restaurants and the historic Franklin Theatre. Spring, fall and winter festivals attract thousands to the area known for its preservation efforts and quaint feel.
Franklin is the seat of Williamson County, founded in 1799.
By the numbers, here’s what’s going on in 37064 according to data from Greater Nashville Realtors.
Home prices rise
Median sales price of a home in 37064 is $895,000 year to date. Last year at this time, median sales price was $805,000. At about this time in 2021, the median price was $673,895.
Homes on market longer
Homes are spending about 46 days on the market so far this year. Last year, homes were spending about 26 days on the market.
Closings dip
Home buyers have closed on 931 homes so far this year. By this time last year, home buyers had closed on 997 homes. Current inventory is 314 homes.
This article originally appeared on Nashville Tennessean: Housing market spotlight: Check out the trends in 37064, Franklin