Data as of April 2026. Source: Realtor.com.
The FRANKLIN, IN real estate market (46131) currently shows 124 active listings, with 74 pending sales. Homes are averaging 26 days on the market before going under contract.
Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice.
Homes are selling faster, averaging 26 days on market compared to 31 days last year.
The median listing price has risen 6.7% year-over-year, from $323,225 to $344,925.
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 April 2026, there are 124 active listings in FRANKLIN, IN (zip code 46131), compared to 80 the prior year.
The median listing price in FRANKLIN, IN 46131 is $344,925 as of April 2026, a 6.7% increase from $323,225 the prior year.
Homes in FRANKLIN, IN 46131 spend an average of 26 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of April 2026, FRANKLIN, IN 46131 is currently a Balanced Market. Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice. Homes are selling faster, averaging 26 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, IN 46131 save an estimated $6,899 compared to a typical 5% commission on the median listing price of $344,925. 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.