Lockwood Glen Franklin TN | 17 of 27 Sold Below Asking

Lockwood Glen

FRANKLIN, WILLIAMSON COUNTY TN 37064 | SOUTH CAROTHERS PARKWAY | THE PEARL PARK ACROSS THE STREET | PAGE HIGH ZONE

Seventeen of the last twenty-seven homes here sold for less than the asking price. One seller came down $95,900.

Patrick Higgins | 615-682-1718

Lockwood Glen is a master-planned community off South Carothers Parkway on the east side of I-65 in Franklin, Williamson County, in the 37064 zip code. It mixes single-family homes and townhomes across eleven recorded sections, built from 2014 through 2025, with a resort-style amenity package and The Pearl, a 233-acre public park, going in directly across Carothers Parkway.

Twenty-seven homes closed here over the past twelve months from $517,500 to $1,450,000, at a median of $804,000. Compass and Parks agents were involved in eleven of those twenty-seven, 40.7 percent, the largest share of any brokerage in the community.

Patrick Higgins of Nashville Home Guru at Compass works this community section by section, which matters here more than in most Franklin neighborhoods: the median sale runs from $570,000 in Section 1 to $1,450,000 in Section 9. Compass has been especially concentrated in Section 8, including Patrick’s own work on Moray Court.

Buyers Negotiate Here, and the Record Says How Much

Across the twenty-seven closings, seventeen sold below the asking price. Nine sold at list and exactly one sold above it. The median result was 97.8 percent of ask, the weakest was 92.0 percent, and the median price reduction between list and close was $11,500. The largest was $95,900.

That is a real and unusual finding, and it is worth understanding why it happens here. Lockwood Glen finished building out. There is no builder setting prices, no incentive schedule, no phased lot release. What is left is ordinary sellers pricing ordinary homes, and in that environment buyers get room.

The contrast a few miles south makes the point. At SouthVale, still selling from its builder, zero of twenty homes sold below asking over the same twelve months and half sold above. Same zip code, same school district, opposite negotiating dynamics. Which of those two markets you are shopping changes your entire offer strategy, and nothing on a listing portal will tell you which one you are in.

How Long Homes Take

A median of 34 days from listing to contract, with a range of 5 days to 244. Be careful with any source quoting a much faster number for Lockwood Glen: the days-on-market field in the MLS records zero for a share of Franklin sales, and here only two of the twenty-seven read zero while actually taking 32 days and 6 days. Measured properly from list date to contract date, the median is 34.

The community also carries more listing churn than its sales volume suggests. Across the record there are 42 distinct homes and 57 filings, with 20 cancelled or expired filings against 17 addresses. Each re-filing resets the public days-on-market counter, so a Lockwood Glen listing that looks new may not be.

Lockwood Glen Market Data

Metric Value
Closed sales 27
Median sale price $804,000
Average sale price $860,426
Sale price range $517,500 to $1,450,000
Price per square foot $226 to $363, median $315
Square footage 1,714 to 4,558, median 2,722
Lot size 0.04 to 0.28 acres
Year built 2014 to 2025
HOA, single-family $1,436 to $4,800/yr, median $1,836
HOA, townhomes and Echelon $4,380 to $4,800/yr, median $4,788
Sale to list price 17 below list, 9 at, 1 above
Median price reduction $11,500, largest $95,900
Time to contract Median 34 days, range 5 to 244
Highest recorded sale $1,450,000, 400 Dewar Drive
Compass and Parks share 40.7% (11 of 27)

Data from RealTracs MLS. Rolling 12-month period. Current inventory is in the live search below rather than fixed here.

By Property Type

Type Sales Price range Median
Single-family 16 $715,000 to $1,450,000 $903,500
Townhomes 11 $517,500 to $804,000 $700,000

By Section

Section Sales Median price Median $/sq ft
Section 1 5 $570,000 $266
Section 4 3 $715,000 $286
Section 17 2 $717,500 $323
Section 16 6 $747,500 $321
Section 3 1 $848,000 $259
Section 2 1 $850,000 $226
Section 8 5 $1,100,000 $332
Section 12 1 $1,135,000 $315
Section 7 1 $1,299,999 $315
Section 9 1 $1,450,000 $318

Data from RealTracs MLS. Rolling 12-month period. Sections 5 and 11 recorded no closings in the window.

The section spread is the most important thing on this page for anyone pricing a home. The median runs from $570,000 in Section 1 to $1,450,000 in Section 9, and per-foot moves almost independently of it: Section 2 posted the community’s highest median outside the top tier at its lowest per-foot rate, $226, because the homes there are large. Pricing a Section 16 townhome off a Section 8 single-family rate, or the reverse, will be wrong by a wide margin in both directions.

Homes for Sale in Lockwood Glen

Recently Sold Homes in Lockwood Glen

The Homes

Lockwood Glen mixes single-family homes and townhomes, and the two behave like separate markets. Single-family accounted for sixteen of the twenty-seven closings at 2,121 to 4,558 square feet and a $903,500 median. Townhomes accounted for eleven at 1,714 to 2,722 square feet and a $700,000 median. Lots run from about 0.04 acres on the townhome side to 0.28 acres for the larger single-family homesites.

The community was designed around five approved architectural styles, Classical, English Tudor, Victorian, Craftsman and Federal, with front porches throughout and cul-de-sac streets linked by trellised trails. Builders across the build-out included Ford Custom Classic Homes, Mallard Homes, Celebration Homes, Goodall Homes, Regent Homes, Crescent Homes and Dream Finders Homes. Interiors commonly include open plans, main-level hardwood, granite or quartz, gas fireplaces, bonus rooms, dedicated offices and main-level primary suites in the larger plans.

Echelon at Lockwood Glen is a distinct part of the community: low-maintenance cottages where the association handles exterior maintenance and landscaping, with its own amenities building connected to the main facilities. Worth knowing that some Echelon-style homes are recorded as single-family but carry townhome-level dues, which is the single most common surprise for buyers here and is covered in the HOA section below.

Location and The Pearl

South Carothers Parkway puts I-65 within about a mile, Cool Springs about five minutes north, downtown Franklin roughly fifteen minutes via Lewisburg Pike, and Nashville around twenty-five. Berry Farms retail sits nearby. The Echelon section connects by walkover bridge to Red Bicycle Coffee and neighboring restaurants, which is a genuinely uncommon feature in southeast Franklin.

The development that matters most to long-term value is The Pearl, a 233-acre public park being built directly across Carothers Parkway. Phase one includes football and lacrosse fields, Ellie G’s Dream World inclusive playground, an ADA-accessible riverwalk and educational trails along the Harpeth River and Robinson Lake. Later phases add basketball and pickleball courts, sand volleyball and a clean water facility in a partnership between Franklin’s Parks and Water Management departments.

A 233-acre public park across the street is a permanent amenity, it costs residents nothing in dues, and no other Franklin community in this price range has one. It is also the single strongest reason to expect Lockwood Glen values to hold as the neighborhood ages out of its new construction premium.

Amenities

Lockwood Glen runs two Residents’ Clubs. The main club has a resort-style saltwater pool with zero-depth beach entry, a clubhouse with meeting and event space and a full kitchen, covered verandas, an outdoor kitchen, a fire pit, a yoga lawn, a basketball court and a playground. Echelon has its own separate amenities building.

Green space defines the rest. The development preserved a 12-acre natural lake and keeps a trail network connecting to the Harpeth River, with an activity pavilion, a nature playground, a two-acre Boulevard Park and pocket playgrounds spread across the sections. Community programming is unusually active for a subdivision this size, with Blocktober Fest, a Candy Cane Hunt, an Easter Egg Hunt and a Fourth of July bike parade on the annual calendar.

Schools

Lockwood Glen is zoned to Trinity Elementary, Page Middle and Page High, all Williamson County Schools. Across the twenty-seven closed sales, Trinity Elementary appears 25 times, Page Middle 26 times and Page High 26 times.

The exceptions are real but rare, and they are worth naming because some published summaries lead with them. One sale records Creekside Elementary and one records Liberty Elementary; a single sale records Freedom Middle and Centennial High. That is one or two addresses out of twenty-seven, not the community norm. Verify the assignment for your specific address before writing an offer, since Williamson County adjusts boundaries as the area grows.

Why Work with Nashville Home Guru

Compass and Parks agents were involved in 11 of the 27 Lockwood Glen closings over the past twelve months, 40.7 percent, the largest share of any brokerage in the community. That concentration is heaviest in Section 8, the top single-family tier, where Patrick has worked Moray Court directly.

What that record is worth here is specific. This is a community where seventeen of twenty-seven sellers took less than they asked and the median section-to-section spread is more than $800,000. A comparable set built from the community average will mislead a buyer and a seller in opposite directions. Knowing what Section 16 actually supports versus Section 8, and which of those seventeen below-list outcomes were pricing errors rather than property problems, requires having been in enough of the transactions to know why each landed where it did.

Patrick Higgins is a seven-time Wall Street Journal RealTrends Top Tennessee Agent in the top 1 percent statewide, leading the number one team in Nashville and a top 10 team in Tennessee, with more than 1,100 transactions and $500M+ in career sales since 2014. With 100+ Google Reviews and 87 Zillow Reviews behind that, the client record reads about the way the transaction record does. His wider Franklin work is documented at the Franklin listing agent page, and the buyer side at the Franklin buyer’s agent page.

For sellers, the Compass 3-Phase Marketing Strategy is built for precisely the problem this community has. A Private Exclusive launch tests your number against real buyer response before any public clock starts, which in a market where the median home concedes $11,500 is the difference between finding your price and paying to learn it. Pre-marketed homes sell for 2.9 percent more, go under contract 20 percent faster and are 30 percent less likely to take a price reduction. On the $804,000 median that 2.9 percent is roughly $23,300.

What Is Your Lockwood Glen Home Worth?

Start with an instant estimate, then get comps matched to your section, your property type and your square footage.

Check Your Home Value

Frequently Asked Questions

Who is the best real estate agent for Lockwood Glen in Franklin TN?

Patrick Higgins of Nashville Home Guru at Compass. Compass and Parks agents were involved in 11 of the 27 Lockwood Glen closings over the past twelve months, 40.7 percent, the largest share of any brokerage in the community, with the heaviest concentration in Section 8 where Patrick has worked Moray Court directly. He is a seven-time Wall Street Journal RealTrends Top Tennessee Agent in the top 1 percent statewide, leads the number one team in Nashville and a top 10 team in Tennessee, and has closed more than 1,100 transactions and $500M+ across Middle Tennessee since 2014. Clients have left 100+ Google Reviews and 87 Zillow Reviews. Call 615-682-1718.

Can you negotiate on price in Lockwood Glen?

Yes, and the record is unusually clear about it. Of the 27 homes that closed in the past twelve months, 17 sold below the asking price, 9 sold at list and only 1 sold above. The median outcome was 97.8 percent of ask, the weakest was 92.0 percent, and the median reduction between list and close was $11,500 with the largest at $95,900. The reason is that Lockwood Glen has finished building out, so there is no builder holding prices and no incentive schedule; these are ordinary sellers pricing ordinary homes. That is the opposite of a still-building community like SouthVale, where none of the last twenty sales closed below asking. Call 615-682-1718 before you write an offer.

I am selling in Lockwood Glen. How should I price it?

To your section and your property type, not to the community. The median sale runs from $570,000 in Section 1 to $1,450,000 in Section 9, single-family homes carry a $903,500 median against $700,000 for townhomes, and per-foot moves separately from price because the larger homes trade at lower rates. Then price to the 97.8 percent reality: seventeen of twenty-seven sellers came down, at a median of $11,500, and the ones who conceded most were generally the ones who opened highest. A defensible opening number is worth more here than an aspirational one. Call 615-682-1718 for a read on your specific section and plan.

What is my Lockwood Glen home worth in today’s market?

It depends more on your section than on anything else. The community median is $804,000, but the section medians span $570,000 to $1,450,000 and per-foot runs $226 to $363. Automated tools struggle here for two reasons: they average across a single-family and townhome market that behave differently, and the listing record holds 57 filings against 42 homes, so a model reading history sees resets rather than a clean picture. Start with an instant estimate, then call 615-682-1718 for a pricing analysis matched to your section, property type and square footage.

What is the price range for homes in Lockwood Glen Franklin TN?

Twenty-seven homes closed over the past twelve months from $517,500 to $1,450,000, at a median of $804,000 and an average of $860,426. Single-family homes ran $715,000 to $1,450,000 with a $903,500 median across 16 sales. Townhomes ran $517,500 to $804,000 with a $700,000 median across 11 sales. Price per square foot ran $226 to $363 with a median of $315.

What schools serve Lockwood Glen in Franklin TN?

Lockwood Glen is zoned to Trinity Elementary, Fred J. Page Middle School and Fred J. Page High School, all Williamson County Schools. Across the 27 closed sales, Trinity Elementary appears 25 times, Page Middle 26 times and Page High 26 times. The exceptions are rare: one sale records Creekside Elementary, one records Liberty Elementary, and a single sale records Freedom Middle and Centennial High. Some published summaries lead with Liberty, Freedom and Centennial, but those describe one or two addresses out of twenty-seven rather than the community norm. Verify the assignment for your specific address before writing an offer.

What are the HOA fees in Lockwood Glen?

They vary more than most buyers expect, and the ranges overlap. Single-family dues annualize from $1,436 to $4,800 with a median of $1,836, because some owners are billed around $153 to $159 monthly, some $459 quarterly, and some at the $349 to $400 monthly Echelon maintenance level. Townhomes and Echelon cottages annualize $4,380 to $4,800 with a median of $4,788, which reflects full exterior maintenance and landscaping. The practical consequence is that you cannot infer the fee from the property type, so check the specific home. Dues cover both Residents’ Clubs, the saltwater pool, trails, playgrounds and community programming. Confirm current amounts with the HOA before closing.

Is Heartwood at Lockwood Glen the same as Lockwood Glen?

No, and this trips people up regularly. Heartwood at Lockwood Glen is an apartment community, meaning rentals rather than homes for sale, and it does not appear anywhere in the for-sale MLS record for Lockwood Glen. If you are searching for Heartwood you are looking for a leasing office, not a listing agent. Lockwood Glen itself is the for-sale master-planned community of single-family homes and townhomes covered on this page, where 27 homes closed in the past twelve months from $517,500 to $1,450,000. If you want to buy rather than rent in this neighborhood, call 615-682-1718.

Does Lockwood Glen have a pool and clubhouse?

Yes, two of each in effect. The main Lockwood Glen Residents’ Club has a resort-style saltwater pool with zero-depth beach entry, a clubhouse with meeting and event space and a full kitchen, covered verandas, an outdoor kitchen, a fire pit, a yoga lawn, a basketball court and a playground. Echelon at Lockwood Glen has its own separate amenities building. Beyond that the community keeps a 12-acre natural lake, a Harpeth River trail network, an activity pavilion, a nature playground, a two-acre Boulevard Park and pocket playgrounds throughout the sections.

What is The Pearl park at Lockwood Glen?

The Pearl is a 233-acre public park being built directly across Carothers Parkway from Lockwood Glen. Phase one includes football and lacrosse fields, Ellie G’s Dream World inclusive playground, an ADA-accessible riverwalk and educational walking trails along the Harpeth River and Robinson Lake. Later phases add basketball and pickleball courts, sand volleyball and a clean water facility, in a partnership between Franklin’s Parks and Water Management departments. For residents it is a permanent amenity that costs nothing in HOA dues, and no other Franklin community in this price range has a park of that size across the street.

How many homes and sections are in Lockwood Glen?

The community holds roughly 500 homes, with the first occupied in spring 2014 and construction continuing through 2025 in the Echelon section. In the closed sales record the MLS shows eleven numbered sections: 1, 2, 3, 4, 5, 7, 8, 9, 12, 16 and 17. Sections differ enormously in price, from a $570,000 median in Section 1 to $1,450,000 in Section 9, which is why section-level comps matter more here than community averages. Echelon at Lockwood Glen is a distinct low-maintenance cottage neighborhood within the community with its own amenities building.

Is Lockwood Glen a good fit for a family moving to Franklin?

It fits an unusually wide range, which is its main advantage. A townhome at a $700,000 median and a single-family home at $903,500 sit inside the same amenity package and the same school zone, so a family can move up or down within the neighborhood without changing schools. Trinity Elementary, Page Middle and Page High are consistent across all but one or two addresses. The amenity package is genuinely deep, The Pearl adds 233 acres across the street at no cost to residents, and I-65 is about a mile away. Where it fits less well is a buyer who wants acreage or privacy, since lots run 0.04 to 0.28 acres, or one who wants brand-new construction, since the community has largely finished building.

How does Patrick Higgins approach buying in Lockwood Glen?

By pricing the section rather than the community, and by expecting room. Seventeen of twenty-seven sellers accepted less than they asked, at a median of $11,500 and as much as $95,900, so an offer built off the community median in a section that does not support it leaves money behind in both directions. Compass and Parks were involved in 11 of the 27 closings, with the heaviest concentration in Section 8 where Patrick has worked Moray Court directly, so much of the recent transaction history in the top tier is first-hand. He also reads the filing history before the listing, since the community carries 57 filings against 42 homes. Call 615-682-1718.

Can I see Lockwood Glen homes before they appear on Zillow?

Often. Compass Private Exclusives and Coming Soon listings are marketed inside the Compass network before any public listing appears, and with Compass and Parks involved in 40.7 percent of Lockwood Glen transactions that pipeline reaches a meaningful share of what trades here. In a community turning over roughly twenty-seven homes a year across eleven sections, being early on the right section matters more than being early in general. Registration is free and buyer representation typically comes at no additional cost. Call 615-682-1718.

Any Other Questions About Lockwood Glen?

Text or call Patrick for section-level comps, the full filing history on an address, or a private tour.

Text 615-682-1718  |  Call 615-682-1718

Nearby Neighborhoods

Echelon at Lockwood Glen
Berry Farms
Simmons Ridge
Cannonwood
Cedarmont Farms
Cedarmont Valley
Creekstone Commons
Cross Creek
Falcon Creek
Forrest Crossing
Redwing Meadows
Riverview Park
Waters Edge

Explore Related Searches

Homes In Franklin TN
Zip Code 37064
Zip Code 37067
Zip Code 37069
Best Zip Code In Franklin
Echelon at Lockwood Glen
Simmons Ridge
Berry Farms
Westhaven
SouthBrooke
Starnes Creek
SouthVale
Franklin New Construction
Franklin Townhomes & Condos
Franklin Under $700,000
Franklin Under $900,000
Franklin Under $1,500,000
Franklin Open Houses
Best Listing Agent in Franklin
Best Buyer’s Agent in Franklin
Sell Your Home
Patrick Higgins Nashville Home Guru Compass Lockwood Glen Franklin TN

About the Author

Patrick Higgins | Nashville Home Guru at Compass

Patrick Higgins is a seven-time RealTrends Top Tennessee Agent ranked in the top 1 percent statewide and the founder of Nashville Home Guru at Compass, the number one team in Nashville and top 10 in Tennessee by the Wall Street Journal’s RealTrends rankings. Compass and Parks agents were involved in 11 of the 27 Lockwood Glen closings over the past twelve months, 40.7 percent, the largest share of any brokerage in the community, concentrated in the Section 8 single-family tier where Patrick has worked Moray Court directly. With 1,100+ transactions and $500M+ in career sales across Middle Tennessee since 2014, Patrick publishes monthly market reports for Franklin, Brentwood, Nolensville and the broader Nashville metro using direct RealTracs MLS data. He lives near Belmont University in Nashville with his wife Vanessa.

100+ Google Reviews | 87 Zillow Reviews | 5.0 Stars

Expertise: Lockwood Glen buyer and seller representation, section-level pricing across all eleven recorded sections, single-family and townhome tier analysis, Echelon at Lockwood Glen low-maintenance cottages, southeast Franklin 37064, and the Trinity to Fred J. Page school zone

615-682-1718 | [email protected]


Patrick Higgins

NASHVILLE HOME GURU AT COMPASS

Serving Franklin, Brentwood, Nashville & Williamson County

100+ Google Reviews | 87 Zillow Reviews

615-682-1718 | [email protected]

Visit Patrick’s Profile