Franklin, NC Housing Market Update: Prices Steady, Inventory Elevated
Franklin, NC – March 8, 2026 – Home values remain stable while inventory stays elevated, giving buyers more leverage in Franklin’s early 2026 market.
Franklin’s housing market is showing steady prices and higher inventory as early 2026 gets underway, creating more balanced conditions for buyers and sellers.
Top takeaways
- Typical home value: $288K, up 1.4% year over year.
- Median list price around $373K; median sale price about $256K.
- Homes selling below list on average, signaling buyer leverage.
- More than 200 active listings at the end of January.
Market snapshot
According to Zillow data through January 31, 2026, the typical home value in Franklin is $287,537, a 1.4% increase from a year earlier. Homes are going pending in roughly 47 days, suggesting moderate activity rather than a rapid seller-driven pace.
Inventory stood at 218 homes at the end of January, with 39 new listings added during the month. The median list price was $372,967, while the median sale price in December was $255,833. Realtor.com reports a sale-to-list ratio near 95% in late 2025, with homes selling for several percentage points below asking on average, reflecting a buyer’s market dynamic.
What’s for sale
Realtor.com currently shows hundreds of properties available, ranging from lower-priced mountain cabins and manufactured homes to higher-elevation estates and land parcels. The median listing price on that platform is reported at $120,000, reflecting a mix of land, smaller homes, and rural properties alongside higher-end offerings.
Neighborhood-level activity shows scattered listings across areas such as Riverbend Estates, Trimont Mountain Estates, and Willow Pond, with varying year-over-year changes in available homes.
Outlook
With elevated supply and homes selling below list on average, buyers appear to have negotiating room heading into spring. Sellers may need to price competitively and prepare properties carefully to stand out.
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