New Construction
$469,990
9
5Bds
3Ba
3,169sqft
Single family home for sale
MLS ID #22116610, Berkshire Hathaway Home
Waterfront Homes for Sale in South Franklin, Indianapolis, IN
6 Homes for Sale
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New Construction
$365,000
1
4Bds
3Ba
2,513sqft
Single family home for sale
MLS ID #22129683, Highgarden Real Estate
$349,900
8
4Bds
3Ba
2,890sqft
Single family home for sale
MLS ID #22113799, Highgarden Real Estate
Hot
Price Drop: $14.9K
$275,000
53
3Bds
2Ba
2,027sqft
Single family home for sale
MLS ID #22107635, Century 21 Scheetz
HotPrice Drop: $5K
$280,000
18
2Bds
2Ba
1,482sqft
Sale Pending
MLS ID #22125856, Key Exchange Real Estate
$360,000
1
3Bds
3Ba
2,510sqft
Single family home for sale
MLS ID #22127692, Red Hot, Realtors Llc
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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
No. of Homes
No. of Homes
Based on information from MIBOR REALTOR® Association through Oct 8, 2026, 8:31 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.
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South Franklin, Indianapolis, IN Housing Market
6
Homes Available
$ 312,000
Median List Price
81 Days
Avg on Market
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