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Median Home Price in Franklin, IN

The median home value in Franklin, IN is $285,391 as of 2026-06-30, up 1.77% from a year earlier.

Median Home Value

$285,391

Year-over-Year

+1.77%

Population

26,089

Franklin ranks #34 of 87 Indiana cities tracked here by median home value, and sits 5.7% above the state's city median of $270,079. It sits in Johnson County, where the county-wide median is $317,677.

Crime in Franklin

Franklin police recorded a violent crime rate of 84 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,089 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Franklin

How much does a house cost in Franklin, IN?

The median home value in Franklin is $285,391. That's up 1.77% from a year earlier. That is about 5.7% above the typical county in Indiana.

Is Franklin expensive compared to the surrounding area?

Homes in Franklin are cheaper than Johnson County as a whole, where the median is $317,677 — a difference of about 10.2%.

Is Franklin a safe place to live?

Franklin police reported 84 violent crimes per 100,000 residents, covering a population of about 26,089. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in IN

Lebanon · Nappanee · Whiteland · Cumberland · Auburn · Goshen · Columbus · Warsaw