Franklin, IN Homes for Sale

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  $339,500

  • 4 Beds
  • 2.5 Baths
  • 2,188 Sq Ft

  1286 Murphy Dr, Franklin, IN 46131

  Built in 2023, this stunning two-story home offers the feel of new construction with thoughtful upgrades already in place. The open-concept main level is perfect for both everyday living and entertaining, filled with natural light and wonderful flow. Upstairs, a spacious loft provides flexible additional living space ideal for a home office, media area, or playroom. The primary suite is a true

  

  Marti Nye

  F.C. Tucker Company

  (317) 751-2352

  1286 Murphy Dr, Franklin, IN 46131
• Explore Franklin

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  $408,000

  • 4 Beds
  • 2.5 Baths
  • 2,296 Sq Ft

  1198 Supernova Dr, Franklin, IN 46131

  JUST LIKE NEW and it includes many upgrades beyond the builders options to bring this masterpiece to you....Presenting an attractive property with 2296 square feet of living area built in 2023, offers modern living spaces; this is a property of exceptional design and craftsmanship. The heart of this home resides in its open floor plan, where a spacious kitchen awaits, featuring a kitchen bar and

  

  Karen O'Neill

  Hoosier, REALTORS®

  (317) 676-5958

  1198 Supernova Dr, Franklin, IN 46131
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  $225,000

  • 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
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  $210,000

  • 2 Beds
  • 2 Baths
  • 1,238 Sq Ft

  2000 Acorn Rd, Franklin, IN 46131

  Beautiful patio home in Wonderful Franklin! Good flowing floor plan has a separate dining room, kitchen with all appliances and pantry and a large living room. Primary bedroom is large & has Walk-in closet and Full bath. Bedroom #2 is also a good size and has a walk-in closet as well. Back patio has fencing for privacy. 2 Car garage is finished and has newer insulated garage door. Roof is 2 yrs

  

  Don Harrington

  F.C. Tucker Company

  (463) 250-5943

  2000 Acorn Rd, Franklin, IN 46131
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  $329,900

  • 5 Beds
  • 2.5 Baths
  • 2,960 Sq Ft

  1195 S Aberdeen Dr, Franklin, IN 46131

  Need a little elbow room in Johnson County? Check out this 3,000 square foot home in Franklin's Branigin Preserve. There is no shortage of space in this 5-bedroom home that has a den and a loft. Built in 2021 by Arbor Homes, this one-owner house has many builder upgrades, including, an open floor plan, large center island, granite counters, 9-foot ceilings and luxury vinyl plank flooring on the

  

  Lisa McCoy

  CENTURY 21 Scheetz

  (317) 648-9457

  1195 S Aberdeen Dr, Franklin, IN 46131
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  $319,900 New Construction

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

  Chatham Plan at Winterfield, Franklin, IN 46131

  D.R. Horton, America’s Builder presents the Chatham in Winterfield. This home provides 4 bedrooms and 2 baths in a single-level, open living space. The main living area offers solid surface flooring throughout for easy maintenance. Three large bedrooms are situated in the front of the home with one bedroom, which features a large walk-in closet and luxury bath, is situated in the back of the home

  D.R. Horton Builder

  1138 Winterfield Blvd Unit 36206606, 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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  $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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  $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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  $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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  $359,995 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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  $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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  $410,680 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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  $399,995 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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  $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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  $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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  $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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  $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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  /61

  $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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  $400,995 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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  $326,995 New Construction

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

  Norway Plan at Westwind at Cumberland, 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

  1419 Crabapple Rd Unit 36456582, 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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  $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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  $385,590 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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  $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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  $436,690 New Construction

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

  3776 Hanford Rd, 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

  3776 Hanford Rd, 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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  $417,390 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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  $419,995 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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  $380,995 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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  /33

  $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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  $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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  /17

  $397,900 New Construction

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

  Cortland Plan at Winterfield, Franklin, IN 46131

  D.R. Horton, America’s Builder, presents the Cortland, a 2,278 square foot ranch home featuring a desirable open layout, 4 bedrooms, 3 baths and 3 car garage. The spacious great room is open to the kitchen, which is the literal heart of this home. The Cortland’s kitchen features plenty of cabinets for storage, sparkling quartz countertops, a large island, and walk-in pantry. Access the covered

  D.R. Horton Builder

  1138 Winterfield Blvd Unit 36206602, Franklin, IN 46131
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  /8

  $332,995 New Construction

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

  1455 Cecil Ln, Franklin, IN 46131

  Welcome to the Aspen II at 1455 Cecil Lane in Franklin, located in the inviting community of Westwind at Cumberland. This turnkey, new construction home offers over 2,000 square feet of thoughtfully designed living space on an over 10,000 square foot homesite, creating the perfect balance of comfort and functionality. The open main level is designed for connection, with a spacious kitchen that

  Alex McCormick Ridgeline Realty, LLC

  1455 Cecil Ln, 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 $349,341.

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

514 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, 46143, 46106 and 46142.

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

The median home price in Franklin is $329,900. If you put a 20% down payment of $66,000 and had a 30-year fixed mortgage with an interest rate of 5.98%, your estimated principal and interest payment would be $1,580 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $68K 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 39 days on the market compared to the national average of 54 days. The median sale price for homes in Franklin, IN over the last 12 months is $311,000, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$311,000

Median Single Family Sale Price

$321,725

Median Townhouse Sale Price

$218,000

Median 2 Bedroom Sale Price

$322,500

Average Price Per Sq Ft

$169

Number of Homes for Sale

110

Last 12 months Home Sales

514

Months of Supply

2.60

Median List Price

$329,900

Median Change From 1st List Price

2%

Median Home Sale Price YoY Change

9%