All Countries
Franklin, IN
Full City Profile · Indiana · Johnson County County
3.3
/5.0
B
Good
25,999
Population
1,660/sq mi density
$77,305
Median Income
$34,379 per capita
$212,500
Home Value
$275,231 Zillow
$1,127
Median Rent
28.2% income on rent
52°F
Avg Temperature
293 sunny days/yr
369
Violent Crime/100K
2,028 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$77,305 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$212,500 home value, $1,127/mo rent
F
Safety
1.0 / 5.0
369 violent crimes/100K
C+
Education
3.0 / 5.0
24.6% bachelor's degree or higher
Housing Overview
Median Home Value
$212,500
25% below
US avg: $281,900
Median Rent
$1,127/mo
3% below
US avg: $1,163/mo
Homeownership Rate
66.4%
2% above US avg (65.4%)
Total Housing Units
9,874
Median year built: 1993
Home Value by Source
Census Median
$212,500
Zillow (ZHVI)
$275,231
Median Sale Price
$335,000
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.4%
Owner-Occupied
33.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$796/mo
1 Bedroom
$861/mo
2 Bedroom
$1,117/mo
3 Bedroom
$1,473/mo
4 Bedroom
$1,479/mo
Census median rent:
$1,127/mo
· Zillow rent:
$1,682/mo
Market Indicators (Redfin)
Median Days on Market
66 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
29
Price Drops
39.0%
of listings with price reduction
Price Per Sq Ft
$142
Active Inventory
59
homes for sale
Affordability & Housing Stock
Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
66.4%
Complete Housing Data
Home Values
| Census Median Value | $212,500 |
| Zillow Home Value (ZHVI) | $275,231 |
| Median Sale Price | $335,000 |
| Median List Price | $325,000 |
| Price Per Sq Ft | $142 |
Rent
| Census Median Rent | $1,127 |
| Zillow Rent (ZORI) | $1,682 |
| FMR Studio | $796 |
| FMR 1-Bedroom | $861 |
| FMR 2-Bedroom | $1,117 |
| FMR 3-Bedroom | $1,473 |
| FMR 4-Bedroom | $1,479 |
Market
| Days on Market | 66 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 39.0% |
| Homes Sold | 29 |
| Active Inventory | 59 |
| Price Per Sq Ft | $142 |
Ownership & Stock
| Owner-Occupied | 66.4% |
| Renter-Occupied | 33.6% |
| Homeownership Rate | 66.4% |
| Total Housing Units | 9,874 |
| Median Year Built | 1993 |
| Rent Burden | 28.2% |