The median home value in Franklin, IN is $289,900. This is higher than the county median home value of $280,300. The national median home value is $338,100. The average price of homes sold in Franklin, IN is $289,900. Approximately 59.55% of Franklin homes are owned, compared to 33.45% rented, while 7.01% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!
Franklin, Indiana has a population of 25,112. Franklin is less family-centric than the surrounding county with 34.91% of the households containing married families with children. The county average for households married with children is 35.98%.
The median household income in Franklin, Indiana is $63,518. The median household income for the surrounding county is $77,977 compared to the national median of $69,021. The median age of people living in Franklin is 35.2 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 43.5 inches per year, with 19.5 inches of snow per year.