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IN area data

Franklin, IN

Franklin, IN.

Population: 34,647 (Census ACS)

Home values & appreciation

Median home value
$286,619
1-year appreciation
+1.7%
3-year appreciation
+7.8%
5-year appreciation
+28.7%
10-year appreciation
+106.3%
All-time peak (2026-07)
$286,619
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$299,750
Median list price
$325,000
Median days on market
29 days
Sale-to-list ratio
98.1%
Active listings
78
1-year forecast
+1.3%
Days to pending
22 days
New listings (monthly)
45

Rents

Typical rent
$1,821/mo
1-year rent change
+3.5%
1BR fair-market rent
$1,230/mo
3BR fair-market rent
$1,850/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
8
Elementary schools
5
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, winterWeather, hail, inlandFlooding, lightning
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
47.3 in

Walkability & transit

Walkability index
11.3 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Woods Field (2 mi)
Nearest major airport
Columbus Municipal Airport (CLU) (17 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
5.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
+489 tax filers

Housing stock

Median year housing built
1,991
Median annual property tax
$1,864
Mean commute to work
23 min
Households with broadband internet
76.5%

Employment & development

Total county employment
56,587
Average weekly wage
$937
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
1,057

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents