Why Live in Frankton
Frankton is a small-town community in Madison County, surrounded by larger cities like Muncie, Kokomo, Anderson, and Indianapolis, all within an hour's drive. The town is known for its tight-knit atmosphere and family-friendly environment, with residents feeling safe walking around even after dark. Homes in Frankton range from late 1800s National Folk architecture to ranch-style designs from the 1940s to 1960s, with opportunities for new construction. Properties along Pipe Creek may require additional flood insurance. Dining options include Bernie’s Bar, MJ Scoops, and Maranatha Coffee Company, while grocery shopping is available at Dollar General and Harvest Supermarket. Local features include Jefferson Park with picnic pavilions and ball fields, and Maple Meadows Park with a disc golf course. The Frankton Community Library offers programs for all ages, and the Family Life Center hosts seasonal pickleball games. Annual events such as the Heritage Days Festival and the Souper Bowl soup-making competition bring the community together. Elwood is 7 miles away, Anderson is 15 miles away, and Indianapolis is a 45-mile trip, making Frankton a convenient location for commuters.
Home Trends in Frankton, IN
On average, homes in Frankton, IN sell after 86 days on the market compared to the national average of 50 days. The median sale price for homes in Frankton, IN over the last 12 months is $216,500, up 23% from the median home sale price over the previous 12 months.
Median Sale Price
$216,500
Median Single Family Sale Price
$220,000
Average Price Per Sq Ft
$130
Number of Homes for Sale
5
Last 12 months Home Sales
29
Median List Price
$239,900
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
23%