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Franklin, Tennessee Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
98
Sold (12M)
109
Median Price
$1.2M
Market Condition
Buyer's Market

Franklin, Tennessee Market Meter

Buyer'sSeller's
Buyer's Market

10.1 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$1.2M
Avg Price/Acre
$117K
Avg Days on Market
131
Months of Supply
10.1
YoY Price Change
+308.2%
New Listings (3M)
38

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-136
1-2 acres1357
2-5 acres1469
5-10 acres-61232
10-20 acres171026
20-50 acres-2515
50-100 acres1359
100+ acres1355
TOTAL52951109
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres6 sold / 5 listed
1-2 acres7 sold / 7 listed
2-5 acres9 sold / 11 listed
5-10 acres32 sold / 22 listed
10-20 acres26 sold / 25 listed
20-50 acres15 sold / 15 listed
50-100 acres9 sold / 8 listed
100+ acres5 sold / 5 listed

Median Price by Acreage

$0$3.0M$6.0M
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$229.0M
Last 12 months
Active Listings
98
Current inventory
Avg Days on Market
131
Time to sell
Price Trend (YoY)
+308.2%
Year over year

Franklin, Tennessee Land Market Analysis

How much is land worth in Franklin, Tennessee?

The median price for land in Franklin, Tennessee is currently $117K per acre. For a typical parcel, the median sale price is $1.2M. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $375K while premium lots reached $5.0M.

Is now a good time to buy land in Franklin, Tennessee?

Franklin, Tennessee is currently a buyer's market with 10.1 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 308.2% year-over-year.

What is the months of supply for land in Franklin, Tennessee?

Franklin, Tennessee currently has 10.1 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the average price per acre in Franklin, Tennessee?

Land in Franklin, Tennessee averages $18.7M per acre. The median price per acre is $117K, which may be more representative of typical transactions. Most parcels sold are around 10.0 acres.

What is the median land price in Franklin, Tennessee?

The median land price in Franklin, Tennessee stands at $1.2M. This translates to roughly $117K per acre for the typical parcel size. The average price is $2.1M, indicating some higher-priced properties pulling up the average.

What is the total amount sold in Franklin, Tennessee last year?

Over the past 12 months, Franklin, Tennessee saw 109 properties sold, totaling $229.0M in sales volume. In just the last 3 months, 29 properties changed hands.

What is the absorption rate for land in Franklin, Tennessee?

The 3-month absorption rate in Franklin, Tennessee is 9.9%. The 12-month rate is 9.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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