Price Drop: $5K
$383,000
5
4Bds
3Ba
2,614sqft
Single family home for sale
MLS ID #22129143, Liberty Real Estate, Llc.
Price Reduced Homes for Sale in South Franklin, Indianapolis, IN
15 Homes for Sale
Sort by:Newest Listings
Price Drop: $5K
Hot
$254,900
12
3Bds
2Ba
1,409sqft
Single family home for sale
MLS ID #22123055, Highgarden Real Estate
Price Drop: $5K
$385,000
6
4Bds
3Ba
2,553sqft
Single family home for sale
MLS ID #22100499, Realty World-Turtle Crk Realty
Hot
$387,000
17
4Bds
3Ba
2,747sqft
Single family home for sale
MLS ID #22126460, Carpenter, Realtors®
Price Drop: $500
$249,500
8
2Bds
2Ba
1,398sqft
Single family home for sale
MLS ID #22127663, Century 21 Scheetz
Hot
$279,900
14
3Bds
2Ba
1,536sqft
Single family home for sale
MLS ID #22127468, My Agent
Hot
$374,900
19
4Bds
3Ba
3,032sqft
Single family home for sale
MLS ID #22122573, Esquire Real Estate Group Llc
Hot
$418,990
17
4Bds
3Ba
2,626sqft
Single family home for sale
MLS ID #22125956, Berkshire Hathaway Home
HotPrice Drop: $14.9K
$275,000
53
3Bds
2Ba
2,027sqft
Single family home for sale
MLS ID #22107635, Century 21 Scheetz
Price Drop: $4K
$365,000
4
4Bds
4Ba
2,588sqft
Single family home for sale
MLS ID #22117488, Midland Realty Group, Inc.
Price Drop: $11.9K
$215,000
8
3Bds
2Ba
1,236sqft
Sale Pending
MLS ID #22119060, Realty World-Turtle Crk Realty
Price Drop: $4.9K
$175,000
5
2Bds
2Ba
1,294sqft
Sale Pending
MLS ID #22095008, F.C. Tucker Company
Price Drop: $20K
New Construction
$449,990
9
5Bds
4Ba
3,183sqft
Single family home for sale
MLS ID #22097401, Berkshire Hathaway Home
Price Drop: $5K
$199,999
9
3Bds
2Ba
1,256sqft
Single family home for sale
MLS ID #22106237, Highgarden Real Estate
HotPrice Drop: $5K
$280,000
18
2Bds
2Ba
1,482sqft
Sale Pending
MLS ID #22125856, Key Exchange Real Estate
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South Franklin, IN Housing Market Overview
South Franklin in Indianapolis is a balanced market, giving buyers and sellers room to negotiate. Homes are selling for 98.41% of asking price and averaging 81 days on the market, so you can make decisions without the pressure of a highly competitive market.
Status
Balanced Market
Days on Market
81
Inventory
48
Sep 2021Feb 2024Feb 2026
Median Home Price
$312,000Down 0.05%
In Feb 2026 · YoY
Sep 2021Feb 2024Feb 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 48 Up 0.71%
- Newly Listed Homes
- 42 Up 0.11%
- Months of Supply
- 0.9 Down 0.00%
Housing Demand
- Homes Sold
- 51 Down 0.00%
- Sale-to-List Ratio
- 98.4% Up 0.37%
- Homes Sold Above List
- 15.7% Up 6.91%
30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.
View Full South Franklin Market ReportSouth Franklin Ranks #49 in Indianapolis, IN
96
Homes
$--
Rental Prices
$312K
Median Home Price
No. of Homes
Prices
No. of Homes
No. of Homes
Based on information from MIBOR REALTOR® Association through Oct 8, 2026, 10:45 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.
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Satellite
South Franklin, Indianapolis, IN Housing Market
15
Homes Available
$ 312,000
Median List Price
81 Days
Avg on Market
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