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Foreclosure Homes in Franklin, IN

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Franklin, IN Foreclosures

Current Market Conditions in in Franklin, IN As of April 2026?
Over the past month, Franklin has seen a steady increase in home prices, reflecting the broader trend of rising demand fueled by low mortgage rates and the town’s appealing lifestyle. Inventory remains low, creating an environment where homes are selling quickly—often above asking price. The market remains favorable for sellers, while buyers need to act promptly to secure their desired homes amidst this competitive landscape.
How much do homes sell for in Franklin, IN?
The average home price is currently $322,907.
In Franklin, IN, how many homes are available?
There are currently 121 active home listings available in Franklin.
What’s the average rental cost in Franklin, IN?
The average rental price in Franklin is $1,137.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $25,034,144.
What is currently the cheapest priced home in Franklin, IN?
The cheapest home for sale in Franklin is priced at $15,810.

Living in Franklin, IN

Franklin, IN, is a picturesque town just south of Indianapolis that combines small-town charm with modern conveniences. Known for its vibrant downtown, excellent schools, and strong community spirit, Franklin offers a quality lifestyle for families and individuals alike. The surrounding natural beauty and outdoor recreation opportunities make it an attractive place to call home.

Buyer vs Seller Market in Franklin, IN

Franklin's real estate market is currently competitive, with homes in high demand. The recent influx of people moving from larger cities has increased prices and reduced inventory, making it a seller's market. Buyers should be prepared for quick sales and potential bidding wars on desirable properties.

New construction developments are emerging, catering to those seeking modern amenities while keeping the area's historical appeal. Investors are also taking notice of Franklin's growth potential, prompting a steady stream of new residents and businesses.

Home Value Estimator For Franklin, IN

There are currently 11,556 real estate properties in Franklin, IN, with a median automated valuation model (AVM) price of $273,275.00. 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 $322,907.00, with the most expensive house in Franklin, IN, topping out at $25,034,144.00 and the cheapest home in Franklin, IN, clocking in at $15,810.00. 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 $1,137.00. 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 Foreclosures

Market Trend for Franklin, IN

Total Listings Available: 121

Market Values:

Home Prices from $15,810 to $25,034,144

Average Sales Price: $322,907

Rental Values:

Rental from $640 to $3,040

Average Rent Value: $1,137 / month

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