The median sale price of a home in Franklin Parke Estates was $584K last month, up 55.7% since last year. The median sale price per square foot in Franklin Parke Estates is $174, up 6.1% since last year.
What is the housing market like in Franklin Parke Estates today?
In February 2025, Franklin Parke Estates home prices were up 55.7% compared to last year, selling for a median price of $584K. On average, homes in Franklin Parke Estates sell after 26 days on the market compared to 45 days last year. There were 2 homes sold in February this year, down from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$584,000
+55.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Franklin Parke Estates, IN
$584,000
+55.7%
United States
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.3%
-0.13 pt YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Franklin Parke Estates, IN
98.3%
-0.13 pt
United States
View houses in Franklin Parke Estates that sold recently
Learn about schools in the Franklin Parke Estates area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Franklin Parke Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Franklin Parke Estates.
Flood Factor - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Franklin Parke Estates has a minor risk of flooding. properties in Franklin Parke Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Franklin Parke Estates. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Franklin Parke Estates has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Franklin Parke Estates is most at risk from hurricanes. 360 properties in Franklin Parke Estates have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Franklin Parke Estates has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Franklin Parke Estates have a Moderate Heat Factor®.
Franklin Parke Estates is expected to see a 157% increase in the number of days over 102ºF over the next 30 years. Franklin Parke Estates is expected to experience 6