Hoosier Hub

Realty

Homes for Sale Under 400K in Franklin, IN

153 Homes for Sale

Sort by:Newest Listings

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

Franklin, IN Housing Market Overview

Franklin is moving fast, and is a seller's market. Just 1.9 months of supply and 41 days on the market mean less competition for buyers and more leverage for you.

Status

Seller's Market

Days on Market

41

Inventory

54

Sep 2021Mar 2024Mar 2026

Median Home Price

$290,000Up 0.05%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
54 Up 0.15%
Newly Listed Homes
45 Up 0.50%
Months of Supply
1.9 Up 0.90%

Housing Demand

Homes Sold
29 Down 0.00%
Sale-to-List Ratio
97% Down 0.75%
Homes Sold Above List
10.3% Down 2.99%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Franklin Market Report
Mortgage Calculator
How Much House Can I Afford
How to Buy a House
Best Places to Live in Indiana
Safest Places to Live in Indiana
Cheapest Places to Live in Indiana
  • mls-img
    Based on information from MIBOR REALTOR® Association through Oct 9, 2026, 2:31 PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.
  • mls-img
    Based on information from the Multiple Listing Service of Greater Cincinnati (alternatively the REALTOR Alliance of Greater Cincinnati) through Oct 9, 2026, 2:30 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. The listings of some real estate brokerage firms have been excluded. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved
Click to see all homes
static map image
Satellite
Franklin, IN Housing Marketlink qauare
Homes Available icon

153

Homes Available

Median List Price icon

$ 290,000

Median List Price

Avg on Market icon

41 Days

Avg on Market

Close IconHouzeo

Do Real Estate on the Go!

OPEN APP
For Sale
Price
Beds & Baths
Home Type
Filters
Save Search Share