Mitch's Weekly Market Report
Franklin, IN 46131
Single-Family Homes
Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Franklin, IN 46131
Tue Jul 07 2026
This week the median list price for Franklin, IN 46131 is $357,995 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has increased to 91.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Real-Time Market Profile
| Median List Price | $357,995 | |
| Median Price of New Listings | $358,947 | |
| Per Square Foot | $168 | |
| Average Days on Market | 54 | |
| Median Days on Market | 42 | |
| Price Decreased | 54% | |
| Price Increased | 0% | |
| Relisted | 3% | |
| Inventory | 91 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.
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 |
|---|---|---|---|---|---|---|---|---|
| $475,000 | 2,998 | 0.25 - 0.5 acre | 4 | 3 | 10 | 3 | 2 | 42 |
| $399,900 | 2,376 | 0.25 - 0.5 acre | 4 | 3 | 1 | 4 | 2 | 42 |
| $330,000 | 1,995 | 8,000 - 10,000 sqft | 3 | 2.5 | 13 | 3 | 4 | 42 |
| $250,000 | 1,330 | 6,500 - 8,000 sqft | 3 | 2 | 28 | 2 | 5 | 35 |