What is the housing market like in Franklin today?
In January 2025, Franklin home prices were down 0.72% compared to last year, selling for a median price of $62K. On average, homes in Franklin sell after 46 days on the market compared to 61 days last year. There were 7 homes sold in January this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$62,000
-0.72% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Franklin, IN
$62,000
-0.72%
United States
To compare other locations to the Franklin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Marion add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Franklin housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
95.8%
+2.2 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Franklin.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Franklin has a minor risk of flooding. 27 properties in Franklin are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Franklin. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Franklin has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Franklin is most at risk from hurricanes. 938 properties in Franklin 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 42 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 49 mph.