Data as of September 2026. Source: Realtor.com.
The FRANKLIN, IN real estate market (46131) currently shows 143 active listings, with 58 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
The median listing price has risen 5.4% year-over-year, from $298,745 to $314,950.
Population: 34,801 · Density: 106.6/mi² · Median household income: $79,234
Typical home value: $209,834 · Homeownership: 73.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46131 | Franklin, IN 46131 | 0.0 mi | 87 | $30,462,789 | $326,175 | $350,147 |
| 46124 | Edinburgh, IN 46124 | 8.8 mi | 14 | $4,207,070 | $238,675 | $300,505 |
| 46110 | Boggstown, IN 46110 | 9.2 mi | 2 | $800,000 | $400,000 | $400,000 |
| 46143 | Greenwood, IN 46143 | 9.3 mi | 236 | $109,216,788 | $381,750 | $462,783 |
| 46142 | Greenwood, IN 46142 | 12.5 mi | 79 | $27,651,580 | $339,450 | $350,020 |
| 47280 | Taylorsville, IN 47280 | 13.1 mi | 3 | $560,850 | $186,950 | $186,950 |
| 46237 | Indianapolis, IN 46237 | 14.0 mi | 158 | $47,383,252 | $270,000 | $299,894 |
| 46176 | Shelbyville, IN 46176 | 14.8 mi | 89 | $25,451,330 | $274,973 | $285,970 |
| 46217 | Indianapolis, IN 46217 | 16.0 mi | 103 | $29,687,587 | $268,175 | $288,229 |
| 47234 | Flat Rock, IN 47234 | 16.1 mi | 10 | $2,631,390 | $262,450 | $263,139 |
| 46239 | Indianapolis, IN 46239 | 17.5 mi | 157 | $52,557,791 | $312,950 | $334,763 |
| 46113 | Camby, IN 46113 | 18.0 mi | 61 | $19,521,525 | $297,450 | $320,025 |
| 46221 | Indianapolis, IN 46221 | 18.4 mi | 93 | $20,560,719 | $229,000 | $221,083 |
As of September 2026, there are 143 active listings in FRANKLIN, IN (zip code 46131), compared to 119 the prior year.
The median listing price in FRANKLIN, IN 46131 is $314,950 as of September 2026, a 5.4% increase from $298,745 the prior year.
Homes in FRANKLIN, IN 46131 spend an average of 46 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FRANKLIN, IN 46131 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, IN 46131 save an estimated $6,299 compared to a typical 5% commission on the median listing price of $314,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.