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Foreclosure 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 $308,855.
In Franklin, IN, how many homes are available?
There are currently 114 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 $25,683,456.
What is currently the cheapest priced home in Franklin, IN?
The cheapest home for sale in Franklin is priced at $19,404.

Living in Franklin, IN

Franklin, IN, is a welcoming community known for its friendly atmosphere and rich community spirit. Home to scenic parks and a historic downtown, residents enjoy a blend of outdoor activities and local culture. The town is conveniently located near Indianapolis, offering easy access to urban conveniences while maintaining a small-town charm.

Current Market Conditions in Franklin, IN

Franklin's real estate market has been seeing steady growth due to its attractive quality of life and proximity to Indianapolis. The demand for housing has been increasing, leading to a rise in home prices, making it a seller's market. As families seek suburban comfort with urban access, home sales in the area have remained robust and competitive, drawing buyers from all over.

New developments and revitalization projects in the downtown area have sparked interest in properties, while established neighborhoods continue to be popular among families and first-time home buyers alike. Overall, the market remains positive, and Franklin is positioned for future growth.

Home Value Estimator For Franklin, IN

There are currently 9,882 real estate properties in Franklin, IN, with a median automated valuation model (AVM) price of $267,586.00. 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 $308,855.00, with the most expensive house in Franklin, IN, topping out at $25,683,456.00 and the cheapest home in Franklin, IN, clocking in at $19,404.00. 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 Foreclosures


Market Trend for Franklin, IN

Total Listings Available: 114

Market Values:

Home Prices from $19,404 to $25,683,456

Average Sales Price: $308,855

Rental Values:

Rental from $640 to $3,040

Average Rent Value: $1,138 / month

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