Franklin, IN Home Values & Market Trends
Real estate market trends reflect that there have been 825 transactions over the past year in Franklin. The median value for residential home transactions that occurred over the previous year is $245,699.97. The number of current listings in Franklin is 16, and the percentage of properties for sale in the city is 16.00%. Franklin, IN currently has 25 properties in foreclosure, 2 bank owned properties, 2 properties headed for auction, and 16 properties for sale.
Franklin, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 46131 | $ 255,311 $ 172/sqft |
Housing Market Summary for Franklin, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $280K | $242.8K | -13.30% |
| Median Sold Price | $244.9K | $242.8K | -0.86% |
| Homes For Sale | 17 | 15 | -11.76% |
| Homes Sold | 292 | 269 | -7.88% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Franklin, IN
Browse Homes in Franklin, IN
Franklin home values range from $29,778 to $14,513,737. The median estimated value of a home in Franklin is $245,699.97. The median list price of a home is 255,000, and the total count of properties in the city is 10,333.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in Franklin, IN with 46131 containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Franklin, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $430,089 in 46131 to the lowest home value of $124,560 in 46131.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Franklin, IN ranges from the highest value of $256,880 in 46131 to the lowest value of $221,970 in 46131. Bank owned homes and properties account for 0.02% of properties in Franklin, IN. There is 1 zips within Franklin, IN; 46131 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions46131 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Franklin, IN. Auction homes and other auction properties account for 0.02% of all properties in Franklin, IN. There is 1 zips within Franklin, IN; of that zips, the median estimated home value for homes going to auction ranges from $335,964 in 46131 to the lowest value of $335,964 in 46131.
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Guide for Franklin, IN
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Information on foreclosure financing, refinancing, and foreclosure mortgages.
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