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Franklin and Williamson County Real Estate Market Report: August 2026

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Franklin and Williamson County Real Estate Market Report: August 2026

Franklin and Williamson County Real Estate Market Report: August 2026

This is the August 2026 edition, reporting July 2026 closed data, the most recent complete month. Williamson County crossed a threshold this month that is worth stating plainly: the median sale price passed $1,000,000 for the first time.

Every figure below carries its period and source. Where the data complicates a simple story, we say so.

The Headline: Williamson Crosses $1 Million, the Region Loosens

  • Williamson County median sale price: $1,035,000. Average sale price: $1,354,577.
  • Williamson County days on market: 28. Months of supply: 4.59.
  • Regional active inventory up 9 percent year over year, while closings are down 8 percent.
  • Regional months of supply at 4.92, up 17 percent from 4.2 a year ago.
  • New listings down 19 percent year over year across the region.
  • The average-to-median spread widened to $189,375. The upper tier is carrying the market.
$1,035,000
Williamson Median
28 days
Williamson DOM
4.59
Months of Supply
$1,354,577
Williamson Average

What Is Your Franklin Home Actually Worth Today?

County medians are context. We will give you a neighborhood-level and product-level read on your specific property.

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Williamson County: The Top of the Regional Market

MetricJuly 2026
Median sale price$1,035,000
Average sale price$1,354,577
Months of supply4.59
Days on market28
List to contract51 days

Source: Middle Tennessee 10-county market reporting, July 2026.

Williamson County remains the engine at the top of the Middle Tennessee market. Crossing the million-dollar median is a symbolic threshold, and the more informative number sits next to it: the average of $1,354,577 runs well above the median, which tells you the upper tier is doing disproportionate work.

Absorption remains fast. Homes are going to contract in 28 days, the second-quickest pace among the region’s major counties, on 4.59 months of supply.

The Regional Picture, and Why It Complicates the Headline

MetricJuly 2026Year over Year
Median sale price, 10-county region$457,500Up 2%
Average sale price, 10-county region$646,875Up 6%
Active inventory14,174Up 9%
Months of supply4.92Up 17%, from 4.2
New listings5,864Down 19%
Closings3,428Down 8%
Days on market, closed33Up 6%
List to contract58 daysUp 14%

Source: Middle Tennessee 10-county market reporting, July 2026.

Read the Inventory Numbers Together, Not Separately

Active inventory is up 9 percent while new listings are down 19 percent. Those two facts are only compatible in one way: homes are sitting longer rather than more homes arriving. Days on market is up 6 percent and list-to-contract time is up 14 percent, which confirms it. This is a market loosening through slower absorption, not through a surge of new supply. For sellers, that distinction matters more than the inventory headline does, because it means pricing and presentation are doing more work than they were a year ago.

The Average-to-Median Spread

The gap between the regional average sale price and the regional median widened to $189,375 in July 2026. The regional average rose 6 percent year over year while the median rose only 2 percent.

That divergence has a plain reading: the upper tier is appreciating and the middle is close to flat. Williamson County, with a median of $1,035,000 and an average of $1,354,577, is where much of that upper-tier activity sits. Sellers in the middle of the market should not read Williamson County’s headline as a description of their own position.

How the Counties Compare

CountyMedianAverageMonths of SupplyDays on Market
Williamson (Franklin, Brentwood)$1,035,000$1,354,5774.5928
Davidson (Nashville)$483,590$673,1355.9731
Wilson$510,058$580,1504.5127
Rutherford$430,500$496,8664.02
Maury$422,100$495,3134.91

Source: Middle Tennessee 10-county market reporting, July 2026. Rutherford recorded 495 closings and the tightest supply in the region; Maury carried the slowest pipeline at roughly 125 days from list to closed.

Davidson County carries the loosest supply among the largest counties at 5.97 months, which is the closest thing in the region to a balanced market. Rutherford is the tightest at 4.02 months. Williamson sits between them at 4.59, tight for a market at its price point.

What This Means If You Are Selling in Franklin

Seller Guidance for This Market

  • Williamson County is still absorbing quickly at 28 days on market. Well-priced homes are not sitting.
  • But list-to-contract across the region has lengthened 14 percent year over year. The margin for an aggressive launch price has narrowed.
  • New listings are down 19 percent, so you face less new competition than a year ago. Use that.
  • If you are in the middle of the market rather than the upper tier, price to the median trend of roughly 2 percent growth, not to the 6 percent average.
  • Presentation is doing more work than it was. Days on market is rising across the region.

What This Means If You Are Buying in Franklin

Buyer Guidance for This Market

  • You have 9 percent more active inventory to choose from than a year ago. Selection has genuinely improved.
  • Longer list-to-contract times mean more room to negotiate than the 28 day Williamson figure suggests on its own.
  • Williamson County’s million-dollar median is a real barrier. Spring Hill at roughly $550,000 and Thompsons Station at roughly $890,000 are the standard alternatives.
  • Confirm school zoning by address, not by neighborhood, and confirm the county on any Spring Hill property.
  • Well-priced Williamson inventory still moves in under a month. Be pre-approved before you tour.

Relocating Into This Market?

The Hetherington Team specialises in buyers moving into Nashville and Franklin from out of state. We will tell you where your budget actually reaches.

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Watch This Month’s Neighborhood Breakdowns

How to Read This Report

Capture Conditions and Limitations

  • Figures are from Middle Tennessee 10-county market reporting for July 2026, the most recent complete month.
  • County figures are countywide. They are not Franklin figures, and Franklin neighborhoods vary widely around them.
  • A median describes a market, never a home. Your property’s value depends on neighborhood, product type and condition.
  • Submarket figures for Spring Hill, Thompsons Station and Arrington come from 2026 submarket trackers and cover different periods. Arrington in particular is a thin market where monthly medians move sharply on small sample sizes.
  • School data is published by third parties and by the Tennessee Department of Education. Attendance zones change; confirm by address.

Frequently Asked Questions About the Franklin and Williamson County Market

What is the median home price in Williamson County, TN?

The Williamson County median sale price was $1,035,000 in July 2026, crossing the million-dollar threshold, with an average sale price of $1,354,577. That places Williamson well above the 10-county Middle Tennessee median of $457,500 and Davidson County’s $483,590. The gap between Williamson’s median and average indicates that upper-tier transactions are carrying a disproportionate share of the market, which is consistent with the regional pattern.

Is the Franklin TN housing market slowing down in 2026?

It is loosening rather than slowing sharply, and the mechanism matters. Regional active inventory is up 9 percent year over year while new listings are down 19 percent, which means homes are sitting longer rather than more homes arriving. Regional days on market rose 6 percent to 33 days and list-to-contract time rose 14 percent to 58 days. Williamson County itself still absorbs quickly at 28 days on market on 4.59 months of supply, so well-priced Franklin homes are not sitting.

Is it a buyer’s or seller’s market in Williamson County right now?

It leans seller but has moved toward balance. Williamson County holds 4.59 months of supply with homes going to contract in 28 days, which favours sellers. What has changed is that regional inventory is up 9 percent, days on market are up 6 percent and list-to-contract times are up 14 percent year over year, giving buyers more selection and more negotiating room than a year ago. Sellers retain the advantage on well-priced homes; the penalty for overpricing has grown.

How long does it take to sell a house in Franklin, TN?

Williamson County homes averaged 28 days on market in July 2026, with 51 days from list to contract. Across the broader 10-county Middle Tennessee region the figures were 33 days on market and 58 days list to contract, both up year over year, by 6 percent and 14 percent respectively. Williamson remains one of the faster-absorbing markets in the region, second only to Wilson County at 27 days among the major counties.

Why is the average sale price so much higher than the median in Middle Tennessee?

The regional average-to-median spread widened to $189,375 in July 2026, with the average at $646,875 against a median of $457,500. That spread reflects upper-tier transactions pulling the average upward. The year-over-year pattern confirms it: the regional average rose 6 percent while the median rose only 2 percent, meaning the top of the market is appreciating while the middle is close to flat. Williamson County, at a $1,035,000 median and $1,354,577 average, is where much of that upper-tier activity sits.

Which Middle Tennessee county has the most inventory?

Davidson County, home to Nashville, carries the loosest supply among the region’s largest counties at 5.97 months, the closest thing in Middle Tennessee to a balanced market, with 31 days on market. Rutherford County is the tightest at 4.02 months of supply. Williamson County sits at 4.59 months and Wilson County at 4.51. Regionally, months of supply reached 4.92 in July 2026, up 17 percent from 4.2 a year earlier.

What are the more affordable alternatives to Franklin?

Spring Hill, with a 2026 median around $550,000 and one of the region’s most active new-construction markets, is the most common alternative, though buyers must confirm whether an address falls on the Williamson or Maury county side because that determines the school district. Thompsons Station, at a 2026 median around $890,000, sits entirely within Williamson County and offers more land at a lower price than Franklin’s core. Countywide, Maury’s median was $422,100 and Rutherford’s $430,500 in July 2026.

Are home prices still rising in Middle Tennessee?

Yes, but modestly and unevenly. The regional median rose 2 percent year over year to $457,500 in July 2026 while the regional average rose 6 percent to $646,875. That divergence indicates growth concentrated in the upper tier rather than across the market, with middle segments showing gains in the 1 to 3 percent range. Williamson County crossed the $1,035,000 median mark, continuing to lead the region on price.

Should I buy in Franklin now or wait?

Conditions for buyers have improved from a year ago: regional active inventory is up 9 percent, days on market are up 6 percent, and list-to-contract time is up 14 percent, all of which mean more selection and more negotiating room. At the same time new listings are down 19 percent, so the improvement comes from slower absorption rather than fresh supply, and well-priced Williamson County homes still go to contract in 28 days. Buyers who are ready should be pre-approved and prepared to act on the right property rather than waiting for a broad correction the data does not show.

Where can I get a current valuation on my Franklin home?

County medians and regional statistics provide context but cannot value an individual property, since Franklin neighborhoods vary widely around the county figures and condition and product type drive much of the difference. The Hetherington Team prepares neighborhood-level and product-level valuations using current closed-sale data for the specific area, which is the only basis on which a listing price should be set in a market where list-to-contract times are lengthening and the penalty for overpricing has grown.

Get a Real Read on Your Property

The Hetherington Team works Franklin, Brentwood, Williamson County and greater Nashville. Neighborhood-level data, not county headlines.

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