The South Franklin housing market is somewhat competitive. The median sale price of a home in South Franklin was $328K last month, up 0.8% since last year. The median sale price per square foot in South Franklin is $138, up 4.1% since last year.
What is the housing market like in South Franklin today?
In February 2025, South Franklin home prices were up 0.8% compared to last year, selling for a median price of $328K. On average, homes in South Franklin sell after 44 days on the market compared to 30 days last year. There were 57 homes sold in February this year, up from 55 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$327,500
+0.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
South Franklin, IN
$327,500
+0.8%
United States
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How hot is the South Franklin housing market?
South Franklin is somewhat competitive. Homes sell in 45 days.
0
100
55
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 9 days.
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 South Franklin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Franklin.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Franklin has a minor risk of flooding. 192 properties in South Franklin are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in South Franklin. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Franklin has a moderate risk of wildfire. There are 336 properties in South Franklin that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in South Franklin.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
South Franklin has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Franklin is most at risk from hurricanes. 6,657 properties in South 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 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 58 mph.