Data as of March 2026. Source: Realtor.com.
The FRANKLIN, IN real estate market (46131) currently shows 98 active listings, with 48 pending sales. Homes are averaging 36 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are selling faster, averaging 36 days on market compared to 40 days last year.
The median listing price has risen 0.9% year-over-year, from $324,500 to $327,425.
Whether you are buying or selling in FRANKLIN, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
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 March 2026, there are 98 active listings in FRANKLIN, IN (zip code 46131), compared to 74 the prior year.
The median listing price in FRANKLIN, IN 46131 is $327,425 as of March 2026, a 0.9% increase from $324,500 the prior year.
Homes in FRANKLIN, IN 46131 spend an average of 36 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of March 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. Homes are selling faster, averaging 36 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, IN 46131 save an estimated $6,549 compared to a typical 5% commission on the median listing price of $327,425. 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.