54Alpha

Franklin County, IN Housing Market Brief

county · IN · as of May 2026

Balanced

What is Franklin County, IN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+5.568
Inventory Health25%
-8.056
Affordability20%
43
Economic Strength20%
+0.953
Rental Yield15%
48

Where is Franklin County, IN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Franklin County, IN is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Franklin County, IN housing market data

MetricValueYoY
Median Sale Price$296K▲ +8.6%
Median Days on Market10 days▲ +42.9%
Months of Supply2.9-3.3%
Homes for Sale52-3.7%
Homes Sold180%
Median Price / Sq Ft$152▲ +10.3%
Sale-to-List Ratio98.2%-0.7%

How has Franklin County, IN’s Alpha Score moved?

Now: 54
3-period trend
Median sale price · 12 mo

Markets like Franklin County, IN

Frequently asked questions

Is Franklin County, IN a buyer's or seller's market?

As of May 2026, Franklin County, IN is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Franklin County, IN?

The median sale price in Franklin County, IN is $296K, having risen 8.6% over the past year.

How affordable is Franklin County, IN?

Franklin County, IN scores 43 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Franklin County, IN's Alpha Score?

Franklin County, IN's strongest dimension is Price Momentum (68/100) and its weakest is Affordability (43/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Franklin County, IN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.