Population: 34,801 · Density: 106.6/mi² · Median household income: $79,234
Typical home value: $209,834 · Homeownership: 73.8%
Data as of January 2026. Source: Realtor.com.
The FRANKLIN, IN real estate market (46131) currently shows 96 active listings, with 39 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.
Homes are selling faster, averaging 64 days on market compared to 74 days last year.
The median listing price has risen 5.6% year-over-year, from $304,925 to $322,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 46131 | Franklin, IN 46131 | 0.0 mi | 96 | $34,080,576 | $322,000 | $355,006 |
| 46124 | Edinburgh, IN 46124 | 8.8 mi | 18 | $5,161,122 | $225,000 | $286,729 |
| 46110 | Boggstown, IN 46110 | 9.2 mi | 1 | $174,900 | $174,900 | $174,900 |
| 46143 | Greenwood, IN 46143 | 9.3 mi | 230 | $108,137,720 | $380,000 | $470,164 |
| 46142 | Greenwood, IN 46142 | 12.5 mi | 77 | $26,783,988 | $334,900 | $347,844 |
| 47280 | Taylorsville, IN 47280 | 13.1 mi | 3 | $560,850 | $186,950 | $186,950 |
| 46237 | Indianapolis, IN 46237 | 14.0 mi | 161 | $50,410,871 | $275,000 | $313,111 |
| 46176 | Shelbyville, IN 46176 | 14.8 mi | 95 | $26,555,350 | $259,900 | $279,530 |
| 46217 | Indianapolis, IN 46217 | 16.0 mi | 103 | $30,839,127 | $265,000 | $299,409 |
| 46107 | Beech Grove, IN 46107 | 17.1 mi | 47 | $9,838,275 | $210,000 | $209,325 |
| 46130 | Fountaintown, IN 46130 | 17.8 mi | 8 | $2,746,880 | $298,900 | $343,360 |
| 46111 | Brooklyn, IN 46111 | 18.0 mi | 3 | $479,850 | $159,950 | $159,950 |
| 46203 | Indianapolis, IN 46203 | 18.5 mi | 229 | $65,475,222 | $229,900 | $285,918 |
As of January 2026, there are 96 active listings in FRANKLIN, IN (zip code 46131), compared to 76 the prior year.
The median listing price in FRANKLIN, IN 46131 is $322,000 as of January 2026, a 5.6% increase from $304,925 the prior year.
Homes in FRANKLIN, IN 46131 spend an average of 64 days on the market before going under contract, compared to 74 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FRANKLIN, IN 46131 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 74 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, IN 46131 save an estimated $6,440 compared to a typical 5% commission on the median listing price of $322,000. 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.