Real Estate Price Maphome prices by county

Franklin County, IN home prices

Franklin County, IN: the typical home is worth $301,385 as of 2026-05, up +4.9% over the past year and n/a since 2000. Listings run about $165/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Franklin County is cooling and fairly valued — very affordable for what people here earn.

Momentum+4.9%Cooling
Valuation+3%Fair value
Affordability8/10Very affordable
Market46 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1991: $81,836 → 2026: $301,385 (3.7×) pre-2000 estimated via FHFA index

Typical value$301,3852026-05
1-year+4.9%
5-year+31.4%
10-year+94.5%
Since 2000n/a
Population23k2024
Median income$77,4562023 · 3.9× income
New homes/yr582024
Price / sq ft$165listings
Days on market462026-06
Active listings512026-06
Price cuts28%of listings

Market read

At $301,385, homes in Franklin County sit 29% above the Indiana median ($234,016) and 29% above the US median ($233,954). That ranks #12 of 92 Indiana counties by price.

Prices are holding steady (+4.9% in the last year) — a balanced market.

Homes here move at a steady pace — a median 46 days on the market, with 28% of listings cutting their asking price.

At 3.9× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Union County, IN ($197,753) · Fayette County, IN ($162,416) · Dearborn County, IN ($333,117) · Ripley County, IN ($283,704) · Decatur County, IN ($260,719) · Rush County, IN ($217,836)

Frequently asked questions

What is the average home price in Franklin County, IN?
The typical home in Franklin County is worth $301,385 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Franklin County rising or falling?
Prices are up +4.9% over the past year and n/a since 2000 — a balanced market.
Is Franklin County affordable?
At 3.9× the local median income of $77,456, Franklin County is pricier than the typical US county.
How fast do homes sell in Franklin County?
Homes here take a median of 46 days to sell, with 28% of listings cutting their asking price.
Median home value by year
YearMedian home value
2012$134,539
2013$136,007
2014$138,908
2015$148,701
2016$153,465
2017$160,625
2018$170,300
2019$180,234
2020$196,476
2021$216,876
2022$245,651
2023$257,695
2024$271,207
2025$287,722
2026$299,163