ASK ABOUT PHASE 2 NEW HOMES AND THE OPPORTUNITY TO CHOOSE A FLOOR PLAN AND DESIGN THAT FITS YOUR LIFESTYLE! Welcome to 5029 Owenruth Drive in Reese—an exceptional opportunity to experience refined living in one of Franklin’s most thoughtfully designed communities. This 4-bedroom, 3.5-bath home offers approximately 3,434 square feet of well-executed living space, blending timeless architecture with modern comfort and intentional design. The layout is both expansive and highly functional, creating a natural flow between the main living areas while offering defined spaces for privacy and flexibi
CloseDaily local analysis
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
This property is offered at $371 per square foot, compared with a $355 median for active 4-bedroom homes in Franklin. Its asking price falls near the 54th percentile of that active group. The comparison uses 413 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 150 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.
Nearby closed sales
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 $862,000, and the median is $339 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.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 5037 Owenruth Dr | Aug 19, 2026 | 5 bd · 3,545 sqft | $1,190,000 | 0.0 mi |
| 4024 Penfield Dr | Jun 30, 2026 | 3 bd · 2,162 sqft | $772,400 | 0.0 mi |
| 4064 Penfield Drive Unit D | May 22, 2026 | 3 bd · 2,084 sqft | $754,440 | 0.0 mi |
| 4072 Penfield Drive Unit B | May 22, 2026 | 3 bd · 2,179 sqft | $754,440 | 0.0 mi |
| 5003 Rizer Point Dr | Jun 29, 2026 | 4 bd · 3,621 sqft | $889,000 | 0.2 mi |
| 623 Rutherford Ln | Jul 17, 2026 | 5 bd · 3,223 sqft | $1,105,000 | 0.2 mi |
| 5008 Rizer Point Dr | Jun 6, 2026 | 4 bd · 3,463 sqft | $935,000 | 0.2 mi |
| 2013 Heflin Ln | Jun 26, 2026 | 4 bd · 2,487 sqft | $835,000 | 0.3 mi |
MLS timeline
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.
Location reference points
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.
Continue comparing
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