Mitch's Weekly Market Report

Franklin, IN 46131

Single-Family Homes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Franklin, IN 46131

Wed Apr 08 2026
This week the median list price for Franklin, IN 46131 is $339,945 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has decreased to 54. Click here to stay informed with the Franklin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Franklin, IN 46131

Wed Apr 08 2026
This week the median list price for Franklin, IN 46131 is $339,945 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has decreased to 54. Click here to stay informed with the Franklin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Franklin market.
Median List Price $339,945
Median Price of New Listings $350,000
Per Square Foot $171
Average Days on Market 60
Median Days on Market 35
Price Decreased 56%
Price Increased 6%
Relisted 4%
Inventory 54
Median Rent
Market Action 44
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$452,492 2,815 0.25 - 0.5 acre 5 3 18 1 1 35
$366,900 2,427 8,000 - 10,000 sqft 4 2.5 3 4 2 35
$320,000 1,823 8,000 - 10,000 sqft 3 2.3 20 1 1 38
$262,000 1,548 6,500 - 8,000 sqft 3 2 35 0 3 35