Housing market spotlight: Check out the trends in 37064, Franklin

Staff reports
·1 min read

Every Sunday, The Tennessean highlights a different ZIP code, as we strive to inform readers and help them navigate Middle Tennessee’s red hot real estate market.

Just 14 miles south of 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's historic courthouse near the public square, Friday, Oct. 15, 2021.
Franklin's historic courthouse near the public square, Friday, Oct. 15, 2021.
A view of Franklin's Christmas Tree Lighting ceremony from the rooftop of 231 Public Square building in downtown Franklin on Friday, Dec 6, 2019.
A view of Franklin's Christmas Tree Lighting ceremony from the rooftop of 231 Public Square building in downtown Franklin on Friday, Dec 6, 2019.

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 the Greater Nashville Association of Realtors.

Home prices rise

Median sales price for a home in 37064 is $817,000. At this time in 2021, the median price was $673,895.

Homes move quickly

Homes in this ZIP code move quickly, spending about 24 days on the market so far this year.

Fewer closings

Home buyers have closed on 855 homes so far this year. Last year at this time, home buyers had closed on 1,034 homes. Current inventory is 341 homes.

This article originally appeared on Nashville Tennessean: Housing market spotlight: Check out the trends in 37064, Franklin