Active

225 Fairground St, Franklin TN 37064

$1,125,000
3 bed · 2,266 sqft · Built 1954 · 0.41 acres

Effortless one-level living in the heart of Franklin. Fully gutted and renovated in 2020, with 500 sq ft of newly added living space, this ranch offers turnkey convenience and an unbeatable location just steps from Franklin's most beloved coffee shops, restaurants, boutiques, Franklin Elementary, and a 5 min drive from the Downtown Square. Everything was replaced in 2020: roof, gutters, windows, electrical, plumbing, HVAC, tankless water heater, spray foam attic insulation and underground power. The interior features hardwoods, a gas fireplace, two cozy living rooms, formal dining with a vault

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CloseDaily local analysis

Facts and context beyond the MLS description

The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.

Current market context

How this property compares in Franklin

This property is offered at $496 per square foot, compared with a $359 median for active 3-bedroom homes in Franklin. Its asking price falls near the 72nd percentile of that active group. The comparison uses 318 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.

The property has been tracked for 0 days, while the current cohort averages 55 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.

$496Listing $/sqft
$359Cohort median $/sqft
318Comparable active listings
55 daysAverage market time

Nearby closed sales

Recent sold homes near this property

The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $857,500, and the median is $431 per square foot where square footage was reported.

Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.

AddressSoldHomeSold priceDistance
390 Downs Blvd May 28, 2026 $725,000 0.2 mi
210 Battle Ave Sep 10, 2026 3 bd · 2,837 sqft $1,600,000 0.2 mi
115 Battle Ave Aug 7, 2026 2 bd · 1,228 sqft $925,000 0.2 mi
106 Carolyn Ave Sep 3, 2026 3 bd · 2,089 sqft $900,000 0.4 mi
422 Figuers Dr Jun 24, 2026 4 bd · 1,774 sqft $660,000 0.4 mi
1319 W Main St Jun 25, 2026 1 bd · 524 sqft $210,000 0.4 mi
200 James Ave Jun 18, 2026 3 bd · 1,928 sqft $815,000 0.4 mi
104 Battlefield Dr Aug 5, 2026 3 bd · 2,000 sqft $1,100,000 0.4 mi

MLS timeline

Price and status history

This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.

  1. $1,125,000 · Coming Soon
  2. $1,125,000 · Coming Soon
  3. $1,125,000 · Active
  4. $1,125,000 · Active
  5. $1,125,000 · Active
  6. $1,125,000 · Active

Location reference points

How this address sits within the Franklin area

These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.

  • I-24 at Manchester53.1 miles straight-line · roughly 95 driving minutes
  • Downtown Manchester53.4 miles straight-line · roughly 95 driving minutes
  • Downtown Tullahoma53.4 miles straight-line · roughly 95 driving minutes
  • Arnold Air Force Base57.2 miles straight-line · roughly 102 driving minutes
  • Tims Ford Lake59.7 miles straight-line · roughly 107 driving minutes

Continue comparing

Similar active homes in Franklin

These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.

View all Franklin homes for sale · See the Franklin market report

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