Explore Similar Condos Within 25 Miles of Franklin, IN

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Why Live in Franklin

Franklin, Indiana, sits on the southern edge of the Indianapolis metro area near I-65, offering a balance between commuter convenience and small-town charm. Located within 30 miles of downtown Indianapolis, Franklin appeals to buyers seeking a slower pace, a strong sense of community and a lower cost of living than nearby Greenwood. The city is anchored by Franklin College, a historic private liberal arts institution founded in the 1830s, along with a highly rated school district and a revitalized, walkable downtown. Housing options range from historic bungalows, Victorians, Cape Cods and larger Colonials near the center of town to midcentury ranch homes, newer construction, golf course properties and acreage homes spread throughout the community. Newer subdivisions are concentrated near U.S. 31 and I-65, often with amenities and low HOA fees. A median in the low $300,000s is about 10 percent lower than Greenwood, while property taxes are also lower than many surrounding areas. Franklin Community School Corporation is one of Johnson County’s top-rated districts, and Franklin College adds youthful energy to a vibrant community. Residents enjoy direct interstate access, a diverse local economy, a diverse downtown dining, shopping and events scene, and plenty of recreational options.

Home Trends in Franklin, IN

Housing Trends

Median Sale Price
$320,000
Median Single Family Sale Price
$333,997
Median Townhouse Sale Price
$223,000
Median 2 Bedroom Sale Price
$320,000
Average Price Per Sq Ft
$169
Number of Homes for Sale
115
Last 12 months Home Sales
543
Months of Supply
2.50
Median List Price
$341,872
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
10%
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