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Preforeclosure Homes in Franklin, IN

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Franklin, IN Foreclosures

How much do homes sell for in Franklin, IN?
The average home price is currently $308,311.
In Franklin, IN, how many homes are available?
There are currently 12 active home listings available in Franklin.
What’s the average rental cost in Franklin, IN?
The average rental price in Franklin is $1,138.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $25,440,762.
What is currently the cheapest priced home in Franklin, IN?
The cheapest home for sale in Franklin is priced at $19,170.

Living in Franklin, IN

Franklin, IN is a vibrant city with a mix of historical charm and modern convenience. Located just south of Indianapolis, it offers residents a tight-knit community with ample outdoor recreation and a range of shopping and dining options. The local schools and colleges provide excellent education, making it a great place for families.

Current Market Conditions in Franklin, IN

Franklin's real estate market has been experiencing a steady increase in demand, with homes selling quickly as families and individuals are drawn to the area's charm and amenities. The city's proximity to Indianapolis allows residents to enjoy the benefits of city life while maintaining a peaceful suburban lifestyle.

There is a healthy inventory of homes available, with a mix of historic homes and modern developments, catering to a variety of preferences is currently being held within a competitive price range. Recent trends indicate that new construction is on the rise, aiming to meet the growing demand.

Home Value Estimator For Franklin, IN

There are currently 10,035 real estate properties in Franklin, IN, with a median automated valuation model (AVM) price of $266,532.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, IN, is $308,311.00, with the most expensive house in Franklin, IN, topping out at $25,440,762.00 and the cheapest home in Franklin, IN, clocking in at $19,170.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, IN!

Rent Prices In Franklin, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, IN, is on a rollercoaster ride. The average rent price in Franklin, IN, is $1,138.00. Indeed, when looking to rent in Franklin, IN, you can expect to pay as little as $640.00 or as much as $3,040.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Franklin, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Franklin, IN Preforeclosure Homes


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