A+
19%
Med. Home Val. NAT. AVG.
4%
Rent NAT. AVG.
0%
Owner Occ. NAT. AVG.

Franklin Housing Information

IndexFranklinIndianaNational
Median home price$266,044$226,920$326,622
Median rent asked$1,392$1,145$1,444
Avg. people per household2.62.52.6
Owner occupied households63.3%68.7%63.6%
Renter occupied households36.7%31.3%36.4%

Franklin Housing Market

Monthly market trends

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Housing Quick Facts

  • The median home price in Franklin is 19% lower than the national average.
  • The median rent asked in Franklin is 4% lower than the national average.
  • The average number of people per household in Franklin is 1% lower than the national average.
  • The number of owner occupied households in Franklin is equal to the national average.
  • The number of renter occupied households in Franklin is 1% higher than the national average.

Most Affordable Places to Live in and Around Franklin

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Compare Franklin, IN Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Clifford, IN275$142,26256%
      Morgantown, IN1,401$174,08147%
      Taylorsville, IN528$177,15546%
      Edinburgh, IN4,815$188,36342%
      New Whiteland, IN6,330$190,72442%
      Franklin, IN26,224$266,04419%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Bay Point, CA26,221$609,87187%
      McDonough, GA26,228$314,1984%
      Lochearn, MD26,216$384,81018%
      Soledad, CA26,210$754,870131%
      White Bear Lake, MN26,260$438,19834%
      Franklin, IN26,224$266,04419%
      Source: The Franklin, IN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.