Franklin Township, Indianapolis, IN—46254
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$223,000
0.8% YoY Growth
Household Income
$57,800
28.1% YoY Growth
Days on Market
42
11.0% Longer YoY
Home Price Forecast
1.1%
Median Rent
$1,800
6.8% YoY Growth
1-Bed Rent
$980
31.5% YoY Growth
2-Bed Rent
$1,420
27.6% YoY Growth
3-Bed Rent
$1,820
4.1% YoY Growth
Home Price Trends — Franklin Township, Indianapolis, IN
As of May '26, the median home price in Franklin Township, Indianapolis, IN is $223,000, with a year-over-year change of 0.8%. This indicates that home prices in Franklin Township, Indianapolis, IN are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $223,000 | 0.8% |
| Single Family | $238,000 | 0.4% |
| Condos | $154,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |