Data as of February 2026. Source: Realtor.com.
The FRANKLIN, IN real estate market (46131) currently shows 87 active listings, with 34 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 48 days on market compared to 49 days last year.
The median listing price has risen 5.2% year-over-year, from $309,974 to $326,175.
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 | 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 February 2026, there are 87 active listings in FRANKLIN, IN (zip code 46131), compared to 87 the prior year.
The median listing price in FRANKLIN, IN 46131 is $326,175 as of February 2026, a 5.2% increase from $309,974 the prior year.
Homes in FRANKLIN, IN 46131 spend an average of 48 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of February 2026, FRANKLIN, IN 46131 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 48 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN, IN 46131 save an estimated $6,524 compared to a typical 5% commission on the median listing price of $326,175. 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.