Mitch's Weekly Market Report
Franklin, IN 46131
Single-Family Homes
Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Franklin, IN 46131
Tue Oct 20 2026
This week the median list price for Franklin, IN 46131 is $319,950 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 90.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Real-Time Market Profile
| Median List Price | $319,950 | |
| Median Price of New Listings | $357,410 | |
| Per Square Foot | $164 | |
| Average Days on Market | 64 | |
| Median Days on Market | 42 | |
| Price Decreased | 58% | |
| Price Increased | 0% | |
| Relisted | 3% | |
| Inventory | 90 | |
| Median Rent | ||
| Market Action | 41 | |
| Slight Seller's Advantage | ||
This week prices in this zip code bumped up a bit but the trend of the last few weeks is generally downward. Look for an up shift in the Market Action Index before we see a significant rise in prices.
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 |
|---|---|---|---|---|---|---|---|---|
| $450,000 | 3,020 | 0.25 - 0.5 acre | 4 | 3 | 17 | 1 | 0 | 35 |
| $356,205 | 2,296 | 8,000 - 10,000 sqft | 4 | 2.5 | 9 | 3 | 4 | 63 |
| $275,000 | 1,688 | 6,500 - 8,000 sqft | 3 | 2 | 28 | 1 | 1 | 42 |
| $224,950 | 1,275 | 6,500 - 8,000 sqft | 3 | 2 | 28 | 2 | 10 | 42 |