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Franklin Township Real Estate Market: Home Prices and Trends

Franklin Township home prices, days on market and price cuts for Jul to Sep 2026, by ZIP Code, and what they mean for your list price.

Franklin Township prices held up this summer while the number of homes for sale grew. The median sale price in Franklin Township was $324,950 from July to September 2026, up 2% from a year earlier as published, and the median home went under contract in 32 days in September 2026 (Indiana REALTORS Housing Hub). Homes for sale rose to 302 in September 2026, up 14%, while new pending contracts fell 20%. What that means for you depends on your price range and your home's condition.

What we analyzed: Indiana REALTORS Housing Hub figures for Franklin Township and Marion County, July to September 2026, September 2026 and the three weeks ending with the week of Oct. 19, 2026, as published.

Franklin Township home prices and days on market

Jul to Sep 2026

Median sale price, Franklin Township
$324,950
Jul to Sep 2026, 301 sales
Median days on market
32 days
September 2026, listing to pending
Homes for sale
302
September 2026, up 14% as published
Listings with a price cut
65.8%
Three weeks to the week of Oct. 19, 2026

Source: Indiana REALTORS Housing Hub, township figures as published. Median sale prices are the Housing Hub's three-month figures.

What do homes sell for in Franklin Township?

The median sale price in Franklin Township was $324,950 from July to September 2026, across 301 sales. As published by the Housing Hub, the median was up 2% and closed sales were up 6% from the same months a year earlier.

That is well above Marion County as a whole, where the three-month median was $259,900. Within the county, ZIP 46259, around Acton, came in at $397,500.

Over the 12 months from October 2025 to September 2026, the township median was $308,000, down 1% as published, across 1,110 sales. The summer months ran above that full-year figure.

Map of Marion County, Indiana ZIP Codes shaded by median sale price (3-month average), Jul 2026–Sep 2026. Franklin Township (outlined): $325K. Other ZIPs: 46107: $193K; 46113: $295K; 46183: too few sales; 46201: $200K; 46202: $465K; 46203: $189K; 46204: $345K; 46205: $307K; 46208: $224K; 46214: $235K; 46216: too few sales; 46217: $270K; 46218: $135K; 46219: $193K; 46220: $366K; 46221: $226K; 46222: $137K; 46224: $224K; 46225: $208K; 46226: $162K; 46227: $244K; 46228: $280K; 46229: $240K; 46231: $248K; 46234: $300K; 46235: $225K; 46236: $365K; 46237: $274K; 46239: $315K; 46240: $402K; 46241: $171K; 46250: $350K; 46254: $222K; 46256: $359K; 46259: $398K; 46260: $323K; 46268: $275K; 46278: $505K.
Median sale price (3-month average) by ZIP Code, Jul 2026–Sep 2026. Franklin Township is outlined. Source: Indiana REALTORS Housing Hub.

Are more Franklin Township homes for sale than last year?

Yes. In September 2026 Franklin Township averaged 302 homes for sale a day, up 14% from a year earlier as published and the highest count in the past 24 months. Months of inventory rose to 3.3, up 12%.

Buyers signed fewer contracts. New pending contracts fell to 80 in September 2026, down 20% as published, while 120 new listings came on, down 10%. Marion County had 3.5 months of inventory, so the township was slightly tighter than the county overall.

Line chart of homes for sale in Franklin Township by month from Oct '24 to Sep '26: Oct '24 230, Nov '24 239, Dec '24 210, Jan '25 186, Feb '25 166, Mar '25 161, Apr '25 163, May '25 179, Jun '25 188, Jul '25 221, Aug '25 238, Sep '25 264, Oct '25 271, Nov '25 287, Dec '25 260, Jan '26 234, Feb '26 227, Mar '26 225, Apr '26 236, May '26 259, Jun '26 277, Jul '26 261, Aug '26 267, Sep '26 302.
How many homes were for sale in Franklin Township each month. Source: Indiana REALTORS Housing Hub.

How fast are Franklin Township homes going under contract?

About as fast as a year ago. In September 2026 the median home in Franklin Township went from listing to pending in 32 days, against 30 days in September 2025, up 5% as published.

Marion County's median was 28 days. Within the township, timing has swung during the year: the median was 21 days in April 2026 and 42 days in July 2026, so the month you list in matters.

Map of Marion County, Indiana ZIP Codes shaded by median days on market, September 2026. Franklin Township (outlined): 32 days. Other ZIPs: 46107: 31 days; 46113: 46 days; 46183: too few sales; 46201: 32 days; 46202: 62 days; 46203: 40 days; 46204: too few sales; 46205: 40 days; 46208: 46 days; 46214: 30 days; 46216: too few sales; 46217: 42 days; 46218: 27 days; 46219: 19 days; 46220: 14 days; 46221: 32 days; 46222: 20 days; 46224: 13 days; 46225: 60 days; 46226: 48 days; 46227: 35 days; 46228: 5 days; 46229: 47 days; 46231: too few sales; 46234: 20 days; 46235: 30 days; 46236: 32 days; 46237: 25 days; 46239: 35 days; 46240: 43 days; 46241: 15 days; 46250: 34 days; 46254: 28 days; 46256: 20 days; 46259: 31 days; 46260: 14 days; 46268: 30 days; 46278: 28 days.
Median days on market by ZIP Code, September 2026. Franklin Township is outlined. Source: Indiana REALTORS Housing Hub.

How many Franklin Township listings have cut their price?

More than across the county. In the three weeks to the week of Oct. 19, 2026, 65.8% of Franklin Township listings had a price decrease, against 60.7% across Marion County.

Over the same three weeks, Franklin Township homes sold for 95.7% of their original list price, and Marion County came in at 94.1%. By our test, at or above 98 percent of original list price is a seller's market, 96 to under 98 percent is balanced and under 96 percent is a buyer's market, so the township as a whole was a buyer's market. A single price range in the township can be in a different market.

Against the asking price at sale, homes sold for 96.0% from July to September 2026.

Map of Marion County, Indiana ZIP Codes shaded by share of listings with a price decrease, Week of Oct. 19, 2026. Franklin Township (outlined): 65.8%. Other ZIPs: 46107: 52.1%; 46113: 64.6%; 46183: too few listings; 46201: 64.4%; 46202: 60.8%; 46203: 65.0%; 46204: 68.6%; 46205: 64.5%; 46208: 68.5%; 46214: 53.2%; 46216: too few listings; 46217: 63.4%; 46218: 59.5%; 46219: 56.4%; 46220: 62.8%; 46221: 55.4%; 46222: 63.5%; 46224: 47.1%; 46225: 67.0%; 46226: 61.3%; 46227: 62.3%; 46228: 50.6%; 46229: 61.5%; 46231: 44.3%; 46234: 69.7%; 46235: 51.5%; 46236: 51.1%; 46237: 62.2%; 46239: 62.7%; 46240: 53.9%; 46241: 51.0%; 46250: 59.4%; 46254: 62.6%; 46256: 59.7%; 46259: 67.7%; 46260: 59.0%; 46268: 46.1%; 46278: 61.8%.
Share of listings with a price decrease by ZIP Code, Week of Oct. 19, 2026. Franklin Township is outlined. Source: Indiana REALTORS Housing Hub.

Our position on forecasting Franklin Township prices

Our view at Mark Dietel Realty: We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing.

Your options for selling a Franklin Township home

There is more than one way to sell a Franklin Township home. We will lay them side by side with your numbers so you can choose.

List on the market

Usually the highest price, if you have time to prepare and show the home.

  • A local agent walks through your home
  • Recent sales at your price, side by side
  • A pricing and preparation plan for your first weeks on the market

Guaranteed sale

For sellers who need to know the home will sell before they make their next move. Conditions apply.

  • We agree on the price up front
  • Plan your move around a known outcome

Cash offer

Speed and certainty. Sell as-is, on your timeline.

  • No repairs or showings
  • See how a cash price compares with listing

A cash offer trades price for speed and certainty. If your home is in good shape and you have time, a cash offer usually means taking less. It can make sense when repairs, timing or certainty matter more than price.

Who this may not be right for

You may not need a listing agent if you already have a buyer, you are comfortable pricing from public sold data, and you are ready to handle disclosures, showings, negotiation and closing paperwork yourself, or with a real estate attorney. Many people sell that way. If that is you, we will tell you so.

We are a team: you work with a listing agent backed by inside sales, coordinators and a transaction coordinator. Some sellers want one person for every call, start to finish. If that matters more to you than a team system, a solo agent may fit you better.

Questions Franklin Township sellers ask us

How long does it take to sell a house in Franklin Township?

In September 2026 the median home in Franklin Township went under contract in 32 days (Indiana REALTORS Housing Hub). Closing usually follows the contract by several weeks, depending on the buyer's financing.

Should I wait to sell my Franklin Township home?

We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing. We can show you what homes at your price have sold for and how many you would be competing with today.

What is the median home price in Franklin Township?

The median sale price in Franklin Township was $324,950 from July to September 2026, up 2% from a year earlier as published by the Indiana REALTORS Housing Hub. The Marion County median for the same months was $259,900.

How many homes are for sale in Franklin Township?

In September 2026 the township averaged 302 homes for sale a day, up 14% from a year earlier as published, with 3.3 months of inventory (Indiana REALTORS Housing Hub).

More for Franklin Township sellers

Sources: Indiana REALTORS Housing Hub (data.indianarealtors.com), Franklin Township and Marion County figures as published: median sale price and closed sales Jul to Sep 2026; median days on market, months of inventory, inventory, new listings and new pending contracts September 2026; price decreases and sale price as a share of original list price, three-week average to the week of Oct. 19, 2026. Year-ago changes as published by the Housing Hub. ZIP areas and township boundaries: U.S. Census Bureau. Maps: OpenStreetMap contributors.

This page is general information about the Franklin Township market, not an appraisal or a valuation of any specific home.

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