11

Franklin Homes under $500,000

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  • 2246 Heather Glen Way, Franklin, IN 46131
    2246 Heather Glen Way, Franklin, IN 46131
    2246 Heather Glen Way, Franklin, IN 46131
    /42

    $435,000

    • 2 Beds
    • 2 Baths
    • 1,695 Sq Ft

    2246 Heather Glen Way, Franklin, IN 46131

    Welcome to a rare opportunity to own a stunning single-family home in the highly sought-after Heather Glen community! This beautifully designed home offers a perfect blend of modern comfort and timeless elegance. Step inside to discover a bright and open floorplan, thoughtfully crafted for both everyday living and entertaining. The spacious living areas flow seamlessly, highlighted by

    Jonna Barnett Keller Williams Indy Metro S

    2246 Heather Glen Way, Franklin, IN 46131
  • 2250 Somerset Dr, Franklin, IN 46131
    2250 Somerset Dr, Franklin, IN 46131
    2250 Somerset Dr, Franklin, IN 46131
    /49

    $454,900

    • 3 Beds
    • 2 Baths
    • 1,970 Sq Ft

    2250 Somerset Dr, Franklin, IN 46131

    Welcome to this beautifully maintained brick ranch with stunning curb appeal and lush landscaping. A long, inviting entryway leads to a bright, open interior featuring a spacious mud room off the insulated 2-car garage. The expansive kitchen includes stainless steel appliances, a center island, abundant cabinetry, and a massive walk-in pantry with floor-to-ceiling shelving. The eat-in dining area

    Kim Richter Highgarden Real Estate

    2250 Somerset Dr, Franklin, IN 46131
  • 980 Paris Dr, Franklin, IN 46131
    980 Paris Dr, Franklin, IN 46131
    980 Paris Dr, Franklin, IN 46131
    /12

    $405,000

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft

    980 Paris Dr, Franklin, IN 46131

    LOCATION, LOCATION, LOCATION! New Construction by WAUGH CO BUILDERS, known for his sturdy all-brick and stone homes this 1800 square foot 1-level home is built on a Golf Course Lot at the prestigious Hillview Country Club and the layout will not disappoint. Enjoy the View, Enjoy the Country Club, and Enjoy the Popular Historic town of Franklin. Enter onto the massive, clean, and safe

    Janna Long Janna Long Real Estate LLC

    980 Paris Dr, Franklin, IN 46131
  • 150 S Main St Unit 204, Franklin, IN 46131
    150 S Main St Unit 204, Franklin, IN 46131
    150 S Main St Unit 204, Franklin, IN 46131
    /23

    $495,000

    • 2 Beds
    • 2 Baths
    • 1,528 Sq Ft

    150 S Main St Unit 204, Franklin, IN 46131

    Introducing 150 South, an Upscale Condominium Development in the Heart of Downtown Franklin. You will find a Retreat from the Responsibilities of Common Home Ownership, in a Secure Atmosphere with Modern Elegance and Unparalleled Convenience to Franklin's Vibrant Attractions, Events, Trails, Parks, Rec Center, Pool, Coffee Shops, Boutiques, Restaurants, Nightlife, Country Club, Golfing, Work out

    Janna Long Janna Long Real Estate LLC

    150 S Main St Unit 204, Franklin, IN 46131
  • 150 S Main St Unit 403, Franklin, IN 46131
    150 S Main St Unit 403, Franklin, IN 46131
    150 S Main St Unit 403, Franklin, IN 46131
    /23

    $495,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    150 S Main St Unit 403, Franklin, IN 46131

    Introducing 150 South, an Upscale Condominium Development in the Heart of Downtown Franklin. You will find a Retreat from the Responsibilities of Common Home Ownership, in a Secure Atmosphere with Modern Elegance and Unparalleled Convenience to Franklin's Vibrant Attractions, Events, Trails, Parks, Rec Center, Pool, Coffee Shops, Boutiques, Restaurants, Nightlife, Country Club, Golfing, Work out

    Janna Long Janna Long Real Estate LLC

    150 S Main St Unit 403, Franklin, IN 46131
  • 150 S Main St Unit 303, Franklin, IN 46131
    150 S Main St Unit 303, Franklin, IN 46131
    150 S Main St Unit 303, Franklin, IN 46131
    /23

    $475,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    150 S Main St Unit 303, Franklin, IN 46131

    Introducing 150 South, an Upscale Condominium Development in the Heart of Downtown Franklin. You will find a Retreat from the Responsibilities of Common Home Ownership, in a Secure Atmosphere with Modern Elegance and Unparalleled Convenience to Franklin's Vibrant Attractions, Events, Trails, Parks, Rec Center, Pool, Coffee Shops, Boutiques, Restaurants, Nightlife, Country Club, Golfing, Work out

    Janna Long Janna Long Real Estate LLC

    150 S Main St Unit 303, Franklin, IN 46131
  • 150 S Main St Unit 402, Franklin, IN 46131
    150 S Main St Unit 402, Franklin, IN 46131
    150 S Main St Unit 402, Franklin, IN 46131
    /23

    $495,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    150 S Main St Unit 402, Franklin, IN 46131

    Introducing 150 South, an Upscale Condominium Development in the Heart of Downtown Franklin. You will find a Retreat from the Responsibilities of Common Home Ownership, in a Secure Atmosphere with Modern Elegance and Unparalleled Convenience to Franklin's Vibrant Attractions, Events, Trails, Parks, Rec Center, Pool, Coffee Shops, Boutiques, Restaurants, Nightlife, Country Club, Golfing, Work out

    Janna Long Janna Long Real Estate LLC

    150 S Main St Unit 402, Franklin, IN 46131
  • 150 S Main St Unit 302, Franklin, IN 46131
    150 S Main St Unit 302, Franklin, IN 46131
    150 S Main St Unit 302, Franklin, IN 46131
    /24

    $475,000

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft

    150 S Main St Unit 302, Franklin, IN 46131

    Introducing 150 South, an Upscale Condominium Development in the Heart of Downtown Franklin. You will find a Retreat from the Responsibilities of Common Home Ownership, in a Secure Atmosphere with Modern Elegance and Unparalleled Convenience to Franklin's Vibrant Attractions, Events, Trails, Parks, Rec Center, Pool, Coffee Shops, Boutiques, Restaurants, Nightlife, Country Club, Golfing, Work out

    Janna Long Janna Long Real Estate LLC

    150 S Main St Unit 302, Franklin, IN 46131
  • 150 S Main St Unit 301, Franklin, IN 46131
    150 S Main St Unit 301, Franklin, IN 46131
    150 S Main St Unit 301, Franklin, IN 46131
    /22

    $475,000

    • 3 Beds
    • 2 Baths
    • 1,426 Sq Ft

    150 S Main St Unit 301, Franklin, IN 46131

    Introducing 150 South, an Upscale Condominium Development in the Heart of Downtown Franklin. You will find a Retreat from the Responsibilities of Common Home Ownership, in a Secure Atmosphere with Modern Elegance and Unparalleled Convenience to Franklin's Vibrant Attractions, Events, Trails, Parks, Rec Center, Pool, Coffee Shops, Boutiques, Restaurants, Nightlife, Country Club, Golfing, Work out

    Janna Long Janna Long Real Estate LLC

    150 S Main St Unit 301, Franklin, IN 46131
  • 150 S Main St Unit 201, Franklin, IN 46131
    150 S Main St Unit 201, Franklin, IN 46131
    150 S Main St Unit 201, Franklin, IN 46131
    /23

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,426 Sq Ft

    150 S Main St Unit 201, Franklin, IN 46131

    Introducing 150 South, an Upscale Condominium Development in the Heart of Downtown Franklin. You will find a Retreat from the Responsibilities of Common Home Ownership, in a Secure Atmosphere with Modern Elegance and Unparalleled Convenience to Franklin's Vibrant Attractions, Events, Trails, Parks, Rec Center, Pool, Coffee Shops, Boutiques, Restaurants, Nightlife, Country Club, Golfing, Work out

    Janna Long Janna Long Real Estate LLC

    150 S Main St Unit 201, Franklin, IN 46131
  • 00 E State Road 144, Franklin, IN 46131
    00 E State Road 144, Franklin, IN 46131
    00 E State Road 144, Franklin, IN 46131
    /5

    $489,900

    • Land
    • 24 Acres
    • $20,205 per Acre

    00 E State Road 144, Franklin, IN 46131

    Franklin on The Hill - Build Your Dream Home or FarmHouse or BARN-DOMINIUM or Horse Farm: Prime Acreage & Potential Home Site. Rolling acreage; tillable acreage & a creek. Roughly 24.25 acres. Located in Johnson County; Franklin Schools. Currently tillable acreage. Property is 2 parcels of 8+Acres of buildable ground & excellent views & nestled above 16+ Tillable Acres - This excellent location

    Jeff Paxson Jeff Paxson Team

    00 E State Road 144, Franklin, IN 46131
Indiana Franklin Franklin

Real Estate & Homes in Franklin, Franklin under $500,000

Learn more about living in Franklin

Home Trends in Franklin, IN

On average, homes in Franklin, IN sell after 33 days on the market compared to the national average of 51 days. The median sale price for homes in Franklin, IN over the last 12 months is $290,000, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$290,000
Median Single Family Sale Price
$299,995
Median Townhouse Sale Price
$216,500
Median 2 Bedroom Sale Price
$305,000
Average Price Per Sq Ft
$171
Number of Homes for Sale
107
Last 12 months Home Sales
401
Months of Supply
3.20
Median List Price
$315,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%
How to Buy a Home How to Finance a Home How to Sell a Home

In Franklin, you'll find a variety of homes and houses for sale priced under $500,000, offering affordable options for prospective buyers. With 11 listings available, there's a range of choices to explore, from cozy bungalows to modern townhouses. These properties provide an opportunity to enter the real estate market or expand your investment portfolio without exceeding your budget. Discover the range of homes for sale under 500k in Franklin, Franklin and find the right fit for your needs.

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