How competitive is the Franklin housing market?

Franklin is moderately competitive as of May 2026, with a Sold Score of 45/100 (Fair Chance of Selling). **Pending ratio** is 0.38 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +3.1% — more choices for buyers than a year ago. **Median days on market** is 51. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 27.1% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 45/100 (Fair Chance of Selling) · Pending ratio: 0.38 · Inventory YoY: +3.1% · Median days on market: 51 · Sellers cutting price: 27.1% · Median listing price: $322,400 (+7.5% YoY)