Year-over-year, Franklin’s rolling three-month data points to moderate price growth and a clear shift in balance between buyers and sellers. Typical home values are up about 4 percent compared with last year, while median list prices have risen by roughly 6 percent. At the same time, months of supply has climbed sharply, more than doubling over the past year.
Looking at the most recent rolling three-month period ending in September 2026, prices and activity tell a more nuanced story. The typical home value sits just under $395,000, close to the median list price, and the average sale-to-list ratio is about 98 percent, suggesting sellers are pricing near where buyers are willing to pay. Homes are spending a median of 49 days on the market, longer than a year ago, and only about 30 percent of properties are selling above list price.
Inventory and demand indicators highlight this transition toward a less intense seller advantage. Active listings are up slightly year-over-year, while homes sold and pending sales are down, indicating buyers have more options and are taking more time to decide. With months of supply now at 3.7, Franklin sits in a softer seller’s market than in prior years. In this kind of evolving environment, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands the latest local trends.
