Franklin, IN Homes for Sale

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  $200,000

  • 3 Beds
  • 1 Bath
  • 1,292 Sq Ft

  4051 W 100 N, Franklin, IN 46131

  Step into a rare piece of Hoosier history with this full-brick historic schoolhouse built in 1930, now turned into a warm and inviting single-family home. Parts have been restored but much of its original rustic charm remains, creating a truly special place that tells a story in every room. Inside, you'll love the exposed brick walls, tall windows, and unique character that make this home stand

  

  Cindy Stockhaus

  Better Homes and Gardens Real Estate Gold Key

  (317) 699-4797

  4051 W 100 N, Franklin, IN 46131
• Explore Franklin

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  /17

  $255,000

  • 3 Beds
  • 2 Baths
  • 1,656 Sq Ft

  1635 S US Highway 31, Franklin, IN 46131

  Beautifully updated, in FRANKLIN 3-bedroom, 2-bath home offering space, style, and an excellent location. A three-sided carport double doors with a latch adds convenience and protection for your vehicle. Conveniently situated near downtown Franklin, Columbus, Edinburgh Outlet Mall, and Greenwood, with northbound and southbound access to State Road 31 nearby, making travel easy and efficient.

  

  Susan Apple

  Acup Team, LLC

  (463) 223-4516

  1635 S US Highway 31, Franklin, IN 46131
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  $284,995 New Construction

  • 3 Beds
  • 2 Baths
  • 1,801 Sq Ft

  Chestnut Plan at Westwind at Cumberland, Franklin, IN 46131

  Looking for the perfect ranch-style home as your new home? Take a look at The Chestnut and its many optional upgrades. With the option to add a bonus room with a bedroom and full bathroom, you have the potential for 2,600+ square feet of living space in a ranch home.When you enter the home, you will see the first two bedrooms and a full bathroom. As you move throughout The Chestnut, notice the

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36489979, Franklin, IN 46131
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  $401,995 New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,054 Sq Ft

  Valencia Plan at Kingsbridge - Venture, Franklin, IN 46131

  The largest floorplan in the collection, this two-story home offers convenience and comfort. A separate bedroom and a study can be found off the foyer, providing space for guests and a practical home office. The Great Room, dining room and kitchen are arranged among a spacious open floorplan. Four bedrooms and a loft are located on the second floor.

  Lennar Builder

  1414 Covington Blvd Unit 36041266, Franklin, IN 46131
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  $291,995 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,963 Sq Ft

  Ironwood Plan at Bluffs at Young's Creek, Franklin, IN 46131

  Introducing the Ironwood by Arbor Homes where openness meets functionality in a thoughtfully designed floorplan.Step into a welcoming foyer with a convenient powder room near the front of the home. The garage includes built-in storage and direct access to the mudroom, perfect for stowing away sports gear or bikes during winter.The spacious great room is ideal for relaxing or entertaining guests,

  Arbor Homes Builder

  956 Ram Dr Unit 36479006, Franklin, IN 46131
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  $281,995 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,760 Sq Ft

  Juniper Plan at Bluffs at Young's Creek, Franklin, IN 46131

  Introducing The Juniper one of Arbor Homes newest two-story floorplans, offering beautiful exterior designs and flexible options to make it uniquely yours. Choose from multiple upgrades, add a basement for extra space, or expand your great room with a 2 rear and side extension. You can even add a third-car garage for more storage.Step inside to a welcoming hallway and convenient powder bath

  Arbor Homes Builder

  956 Ram Dr Unit 36458415, Franklin, IN 46131
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  $269,995 New Construction

  • 3 Beds
  • 2 Baths
  • 1,613 Sq Ft

  Bradford Plan at Westwind at Cumberland, Franklin, IN 46131

  The Bradford is the perfect ranch-style floorplan for those looking to downsize or enjoy single-level living with plenty of space. Starting at 1,611 square feet, this three-bedroom, two-bath home can be personalized to fit your lifestyle with an optional second-floor bonus room for even more living space.Step inside from the charming front porch and youre greeted by a versatile flex room. Use it

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36490232, Franklin, IN 46131
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  /29

  $386,590 New Construction

  • 5 Beds
  • 3 Baths
  • 2,736 Sq Ft

  1534 Pine Cir, Franklin, IN 46131

  This two-story home is ideal for families and features a convenient first-floor bedroom, ideal for overnight guests, along with a private study and an open layout shared between the kitchen, dining area and Great Room. The second level includes a versatile loft surrounded by four spacious bedrooms—three of which feature walk-in closets. The upper-level owner’s suite is complemented by an attached

  Lennar Builder

  1534 Pine Cir, Franklin, IN 46131
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  /52

  $273,995 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,760 Sq Ft

  Juniper Plan at Westwind at Cumberland, Franklin, IN 46131

  Introducing The Juniper one of Arbor Homes newest two-story floorplans, offering beautiful exterior designs and flexible options to make it uniquely yours. Choose from multiple upgrades, add a basement for extra space, or expand your great room with a 2 rear and side extension. You can even add a third-car garage for more storage.Step inside to a welcoming hallway and convenient powder bath

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36455520, Franklin, IN 46131
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  /53

  $276,995 New Construction

  • 3 Beds
  • 2 Baths
  • 1,613 Sq Ft

  Bradford Plan at Bluffs at Young's Creek, Franklin, IN 46131

  The Bradford is the perfect ranch-style floorplan for those looking to downsize or enjoy single-level living with plenty of space. Starting at 1,611 square feet, this three-bedroom, two-bath home can be personalized to fit your lifestyle with an optional second-floor bonus room for even more living space.Step inside from the charming front porch and youre greeted by a versatile flex room. Use it

  Arbor Homes Builder

  956 Ram Dr Unit 36446047, Franklin, IN 46131
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  $418,390 New Construction

  • 5 Beds
  • 3 Baths
  • 2,578 Sq Ft

  3768 Hanford Rd, Franklin, IN 46131

  The first floor of this two-story home is host to an inviting open floorplan consisting of a Great Room, dining area and modern kitchen. A bedroom on the primary floor is ideal for a guest suite or home office. Upstairs, there are four additional bedrooms, including the luxe owner’s suite. A versatile loft provides a shared living area on the second floor.

  Lennar Builder

  3768 Hanford Rd, Franklin, IN 46131
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  $421,995 New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,020 Sq Ft

  Paddington Plan at Kingsbridge - 3-Car Venture, Franklin, IN 46131

  The first floor of this two-story home is host to a spacious open floorplan consisting of a Great Room, dining area and modern kitchen as well as a bedroom and study placed to the side of the home. Upstairs, there are four additional bedrooms, including the restful owner’s suite, and a versatile loft provides shared living space on the second floor.

  Lennar Builder

  1414 Covington Blvd Unit 36041273, Franklin, IN 46131
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  $381,995 New Construction

  • 5 Beds
  • 3 Baths
  • 2,736 Sq Ft

  Kingston Plan at Kingsbridge - Venture, Franklin, IN 46131

  This two-story home is ideal for families and features a convenient first-floor bedroom, ideal for overnight guests, along with a private study and an open layout shared between the kitchen, dining area and Great Room. The second level includes a versatile loft surrounded by four spacious bedrooms—three of which feature walk-in closets. The upper-level owner’s suite is complemented by an attached

  Lennar Builder

  1414 Covington Blvd Unit 36041265, Franklin, IN 46131
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  $293,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,176 Sq Ft

  Aspen II Plan at Westwind at Cumberland, Franklin, IN 46131

  The Aspen II floorplan has it all- from a spacious home office, an open concept living and kitchen area, a large loft, and four bedrooms with plenty of space. You cant go wrong choosing this floorplan! Make The Aspen II your own with the many optional upgrades. If you fall in love with the interior, you will love the elevations on the exterior of this new build home!Entering off the front porch,

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36488037, Franklin, IN 46131
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  $328,995 New Construction

  • 5 Beds
  • 2.5 Baths
  • 3,198 Sq Ft

  Empress Plan at Westwind at Cumberland, Franklin, IN 46131

  Picture yourself in the spacious and flexible Empress floorplan a 3,200 sq. ft. home with five bedrooms, multiple living areas, and endless options to make it your own. Designed for those who love to entertain, The Empress offers both elegance and everyday comfort.Step inside to a welcoming living room that can double as a home office or sitting area. A powder room and formal dining room make

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36473450, Franklin, IN 46131
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  $263,995 New Construction

  • 3 Beds
  • 2 Baths
  • 1,354 Sq Ft

  Ashton Plan at Bluffs at Young's Creek, Franklin, IN 46131

  Picture yourself in The Ashton a flexible ranch-style floorplan by Arbor Homes! Starting at 1,356 square feet, The Ashton offers a split layout ideal for families or first-time homeowners. Featuring three bedrooms and two full baths, this home provides plenty of room to personalize with your choice of finishes and upgrades.Step inside from the inviting front porch to a bright, open layout. Two

  Arbor Homes Builder

  956 Ram Dr Unit 36468261, Franklin, IN 46131
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  $302,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,176 Sq Ft

  Aspen II Plan at Bluffs at Young's Creek, Franklin, IN 46131

  The Aspen II floorplan has it all- from a spacious home office, an open concept living and kitchen area, a large loft, and four bedrooms with plenty of space. You cant go wrong choosing this floorplan! Make The Aspen II your own with the many optional upgrades. If you fall in love with the interior, you will love the elevations on the exterior of this new build home!Entering off the front porch,

  Arbor Homes Builder

  956 Ram Dr Unit 36477255, Franklin, IN 46131
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  /62

  $319,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,580 Sq Ft

  Palmetto Plan at Bluffs at Young's Creek, Franklin, IN 46131

  The Palmetto is one of Arbor Homes newest and most flexible floorplans offering everything you could want in a new construction home. With multiple elevation styles, optional basements, and the choice of a full front porch or breezeway, The Palmetto can easily be tailored to your lifestyle.Step inside to a spacious front living area that can serve as a formal dining room or quiet office with

  Arbor Homes Builder

  956 Ram Dr Unit 36473074, Franklin, IN 46131
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  /57

  $320,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,813 Sq Ft

  Cooper Plan at Westwind at Cumberland, Franklin, IN 46131

  The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting.Choose from multiple elevations including an optional front porch and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath.The open layout

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36499151, Franklin, IN 46131
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  /48

  $294,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,343 Sq Ft

  Spruce Plan at Westwind at Cumberland, Franklin, IN 46131

  One of our most versatile and popular floor plans featuring an open floor plan and flex room upstairs and down.

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36502660, Franklin, IN 46131
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  $360,995 New Construction

  • 5 Beds
  • 3 Baths
  • 2,422 Sq Ft

  Hampshire Plan at Kingsbridge - Venture, Franklin, IN 46131

  This first level of this two-story home offers a flex room as an ideal space for overnight stays. The Great Room, kitchen and dining room can also be found on the first floor, arranged in an expansive floorplan. Upstairs, all four bedrooms await, plus a loft offering additional living space for the entire family.

  Lennar Builder

  1414 Covington Blvd Unit 36041264, Franklin, IN 46131
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  /57

  $331,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,813 Sq Ft

  Cooper Plan at Bluffs at Young's Creek, Franklin, IN 46131

  The Cooper offers thoughtful design and flexible options to fit every lifestyle. From its spacious foyer and turned staircase to the open-concept first floor, this floorplan is both functional and inviting.Choose from multiple elevations including an optional front porch and enjoy a two-car garage with extra storage or convert that space into a first-floor bedroom and full bath.The open layout

  Arbor Homes Builder

  956 Ram Dr Unit 36502757, Franklin, IN 46131
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  /30

  $411,680 New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,054 Sq Ft

  1560 Pine Cir, Franklin, IN 46131

  The largest floorplan in the collection, this two-story home offers convenience and comfort. A separate bedroom and a study can be found off the foyer, providing space for guests and a practical home office. The Great Room, dining room and kitchen are arranged among a spacious open floorplan. Four bedrooms and a loft are located on the second floor.

  Lennar Builder

  1560 Pine Cir, Franklin, IN 46131
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  $400,995 New Construction

  • 5 Beds
  • 3 Baths
  • 2,578 Sq Ft

  Jasper Plan at Kingsbridge - 3-Car Venture, Franklin, IN 46131

  The first floor of this two-story home is host to an inviting open floorplan consisting of a Great Room, dining area and modern kitchen. A bedroom on the primary floor is ideal for a guest suite or home office. Upstairs, there are four additional bedrooms, including the luxe owner’s suite. A versatile loft provides a shared living area on the second floor.

  Lennar Builder

  1414 Covington Blvd Unit 36041274, Franklin, IN 46131
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  /62

  $308,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,580 Sq Ft

  Palmetto Plan at Westwind at Cumberland, Franklin, IN 46131

  The Palmetto is one of Arbor Homes newest and most flexible floorplans offering everything you could want in a new construction home. With multiple elevation styles, optional basements, and the choice of a full front porch or breezeway, The Palmetto can easily be tailored to your lifestyle.Step inside to a spacious front living area that can serve as a formal dining room or quiet office with

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36497311, Franklin, IN 46131
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  /61

  $292,995 New Construction

  • 3 Beds
  • 2 Baths
  • 1,801 Sq Ft

  Chestnut Plan at Bluffs at Young's Creek, Franklin, IN 46131

  Looking for the perfect ranch-style home as your new home? Take a look at The Chestnut and its many optional upgrades. With the option to add a bonus room with a bedroom and full bathroom, you have the potential for 2,600+ square feet of living space in a ranch home.When you enter the home, you will see the first two bedrooms and a full bathroom. As you move throughout The Chestnut, notice the

  Arbor Homes Builder

  956 Ram Dr Unit 36452839, Franklin, IN 46131
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  /53

  $283,995 New Construction

  • 3 Beds
  • 2.5 Baths
  • 1,963 Sq Ft

  Ironwood Plan at Westwind at Cumberland, Franklin, IN 46131

  Introducing the Ironwood by Arbor Homes where openness meets functionality in a thoughtfully designed floorplan.Step into a welcoming foyer with a convenient powder room near the front of the home. The garage includes built-in storage and direct access to the mudroom, perfect for stowing away sports gear or bikes during winter.The spacious great room is ideal for relaxing or entertaining guests,

  Arbor Homes Builder

  1419 Crabapple Rd Unit 36491112, Franklin, IN 46131
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  /33

  $339,995 New Construction

  • 5 Beds
  • 2.5 Baths
  • 3,198 Sq Ft

  Empress Plan at Bluffs at Young's Creek, Franklin, IN 46131

  Picture yourself in the spacious and flexible Empress floorplan a 3,200 sq. ft. home with five bedrooms, multiple living areas, and endless options to make it your own. Designed for those who love to entertain, The Empress offers both elegance and everyday comfort.Step inside to a welcoming living room that can double as a home office or sitting area. A powder room and formal dining room make

  Arbor Homes Builder

  956 Ram Dr Unit 36503932, Franklin, IN 46131
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  /48

  $304,995 New Construction

  • 4 Beds
  • 2.5 Baths
  • 2,343 Sq Ft

  Spruce Plan at Bluffs at Young's Creek, Franklin, IN 46131

  One of our most versatile and popular floor plans featuring an open floor plan and flex room upstairs and down.

  Arbor Homes Builder

  956 Ram Dr Unit 36484829, Franklin, IN 46131
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  $495,000

  • Land
  • 22 Acres
  • $22,500 per Acre

  2069 W 300 S, Franklin, IN 46131

  PROPERTY DESCRIPTIONLandProz is pleased to present the Fairview Properties LLC property in Johnson County, IN.This well-located tract offers an excellent opportunity for residential use in a quiet rural setting. The property features mostly level topography with only 18 feet of total elevation change, making it ideal for a custom-built home, hobby farm, or small residential estate

  Eric Richards LandProz of Indiana

  2069 W 300 S, Franklin, IN 46131
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  $225,000

  • Land
  • 33.67 Acres
  • $6,683 per Acre

  W S 900 W, Franklin, IN 46131

  This 33+/- acre property, located entirely within the floodplain, offers a great mix of income and recreation. With 10+/- acres of tillable land for farming or leasing, and 23 acres of mature hardwoods, it's perfect for hunting, hiking, and outdoor enjoyment. Sugar Creek runs through the property, adding natural beauty and the opportunity for water activities. Located just a short drive from

  Isaac Uebelhor Midwest Land & Lifestyle LLC

  W S 900 W, Franklin, IN 46131
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  $390,000

  • 5 Beds
  • 3 Baths
  • 4,569 Sq Ft

  1238 Atlas Ln, Franklin, IN 46131

  This well-maintained 5 bedroom, 2.5 bath is move-in ready! The open floor plan offers 2,960 square feet of bright, comfortable living space. The kitchen features shaker cabinets, stone countertops, a stylish backsplash, a large island, and a breakfast bar-perfect for everyday meals and entertaining. The bathrooms include a walk-in shower and double vanity for added comfort. A 2nd-floor laundry

  Eli Skinner Simplify Real Estate

  1238 Atlas Ln, Franklin, IN 46131
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  $397,900 New Construction

  • 4 Beds
  • 3 Baths
  • 2,278 Sq Ft

  Cortland Plan at Winterfield, Franklin, IN 46131

  Step into the Cortland by D.R. Horton, America’s Builder, where contemporary design meets timeless comfort in a sprawling 2,278 square foot ranch haven. This exquisite residence is a masterclass in modern architecture, boasting four spacious bedrooms and three luxurious bathrooms thoughtfully arranged to maximize both privacy and connection. The heart of the home is the magnificent open-concept

  D.R. Horton Builder

  1138 Winterfield Blvd Unit 36206602, Franklin, IN 46131
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  $442,600 New Construction

  • 5 Beds
  • 3.5 Baths
  • 3,062 Sq Ft

  1157 Jubilee Ln, Franklin, IN 46131

  Welcome to the Johnstown by D.R. Horton, America’s Builder—a residence that redefines spaciousness and modern luxury. Boasting an impressive 3,062 square feet, this home is designed to accommodate every aspect of a busy lifestyle with its 5 generous bedrooms, 3.5 bathrooms, and a versatile 3-car garage that provides ample room for vehicles and storage alike. The main level is a masterclass in

  D.R. Horton Builder

  1157 Jubilee Ln, Franklin, IN 46131
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  $334,900 New Construction

  • 3 Beds
  • 2 Baths
  • 1,818 Sq Ft

  Muncie Plan at Winterfield, Franklin, IN 46131

  Welcome to the Muncie floorplan in Winterfield. This thoughtfully upgraded single-story floorplan elevates the ranch-style living experience by expanding into 1,818 square feet of meticulously utilized space. Featuring 3 bedrooms and 2 bathrooms, this layout provides an even more expansive open-concept living area designed for those who value both communal gathering and quiet personal retreats.

  D.R. Horton Builder

  1138 Winterfield Blvd Unit 39577263, Franklin, IN 46131
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  $337,995 New Construction

  • 5 Beds
  • 2.5 Baths
  • 2,961 Sq Ft

  Norway Plan at Bluffs at Young's Creek, Franklin, IN 46131

  One of our newest floor plans and has quickly become one of our most popular. The open kitchen facing the large Great Room separated by a long bar-top is perfect for everything from late night entertaining to homework sessions, just one example of the flexibility of this floor plan. The den can also become a first floor 5th bedroom. The upstairs includes a loft, laundry room and a total of 4

  Arbor Homes Builder

  956 Ram Dr Unit 36447982, Franklin, IN 46131
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  $364,900 New Construction

  • 5 Beds
  • 3 Baths
  • 2,600 Sq Ft

  Henley Plan at Winterfield, Franklin, IN 46131

  Presenting the Henley floor plan by D.R. Horton, America’s Builder. This expansive 5-bedroom, 3-bathroom residence is masterfully designed to provide space for everyone, blending sophisticated style with the practical needs of a modern, active lifestyle. The main level is defined by its thoughtful versatility. Just off the foyer, a dedicated study offers a quiet sanctuary, perfect for a

  D.R. Horton Builder

  1138 Winterfield Blvd Unit 36206608, Franklin, IN 46131
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  $339,990

  • 3 Beds
  • 2 Baths
  • 1,804 Sq Ft

  1303 Crabapple Rd, Franklin, IN 46131

  Located in Franklin, this beautifully maintained single-family home, built in 2019, offers 1,804 square feet of well-designed living space all on one level. The spacious living room boasts high and vaulted ceilings, creating an open, airy feel that flows seamlessly into the open floor plan. The kitchen is a standout, granted countertops, a large island with bar seating, and a stylish backsplash,

  Jass Samra Keller Williams Indy Metro NE

  1303 Crabapple Rd, Franklin, IN 46131
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  $363,600 New Construction

  • 4 Beds
  • 2 Baths
  • 1,771 Sq Ft

  1111 Winterfield Blvd, Franklin, IN 46131

  Discover the Chatham by D.R. Horton, America’s Builder—a floorplan that has become a favorite for those seeking the perfect balance of style, space, and single-level convenience. This home offers an expansive 1,771 square feet of living space, featuring 4 spacious bedrooms and 2 elegant bathrooms designed to accommodate modern lifestyles with ease. The heart of the Chatham is its open-concept

  D.R. Horton Builder

  1111 Winterfield Blvd, Franklin, IN 46131
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  /11

  $369,995 New Construction

  • 5 Beds
  • 3.5 Baths
  • 2,580 Sq Ft

  1228 Pegasus Dr, Franklin, IN 46131

  Welcome to the Palmetto B, a thoughtfully designed new construction home that blends modern style with everyday comfort. This beautiful Brick B elevation makes a strong first impression, complemented by premium vinyl siding and striking black dimensional shingles for timeless curb appeal.Inside, 9 first-floor walls and additional windows throughout the home create an open, light-filled

  Arbor Homes Builder

  1228 Pegasus Dr, Franklin, IN 46131

Showing Results 1 - 40, Page 1 of 4

Why Live in Franklin

Franklin, Indiana, a small college town located about 25 miles southeast of downtown Indianapolis, offers a unique blend of small-town charm and proximity to urban amenities. As the seat of Johnson County, Franklin is home to Franklin College, a historic liberal arts institution that contributes to the town's distinctive atmosphere. The city features a mix of historic homes and modern subdivisions, with architectural styles ranging from Victorian-era houses along Jefferson Street to contemporary custom homes further out. The Franklin Community School Corporation serves most local students and is highly rated within the county. Franklin's economy benefits from its access to Interstate 65, with major companies like Amazon and Target having distribution centers nearby. The downtown area is vibrant, with attractions such as the Historic Artcraft Theatre, which hosts vintage movie screenings and film festivals. Public art and events, including the Hops & Vines festival and the Johnson County Fair, are integral to the community's cultural scene. Outdoor enthusiasts can explore 13 parks and the 17-mile Franklin Greenway Trail, with Youngs Creek Park being a notable highlight. Safety is a strong point, with violent crime rates significantly lower than the national average. Franklin has also taken measures to mitigate flooding risks following a historic flood in 2008. Public transportation is available, and the city is approximately 35 miles from Indianapolis International Airport.

Learn more about living in Franklin

Frequently Asked Questions

What is the average home price in Franklin, IN?

Homes for sale in Franklin, IN have an average home price of $357,561.

How many homes have sold over the last 12 months in Franklin, IN?

511 homes have sold in Franklin, IN over the last 12 months.

What are the most popular zip codes in Franklin, IN?

The most popular zip codes in Franklin, IN include 46131, 46184, 46106, 46143 and 46142.

How much do you need to make to afford a house in Franklin?

The median home price in Franklin is $336,742. If you put a 20% down payment of $67,300 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Franklin. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Franklin, IN?

Franklin, IN has highly rated public and private schools. Some of the best schools in Franklin based on Niche Grades are Whiteland Elementary School, Webb Elementary School and Clark-Pleasant Middle School. Browse all the schools in Franklin, IN to learn more.

Home Trends in Franklin, IN

On average, homes in Franklin, IN sell after 42 days on the market compared to the national average of 55 days. The median sale price for homes in Franklin, IN over the last 12 months is $319,000, up 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$319,000

Median Single Family Sale Price

$329,997

Median Townhouse Sale Price

$215,000

Median 2 Bedroom Sale Price

$320,000

Average Price Per Sq Ft

$167

Number of Homes for Sale

100

Last 12 months Home Sales

511

Months of Supply

2.30

Median List Price

$336,742

Median Change From 1st List Price

2%

Median Home Sale Price YoY Change

10%