The story of this market
The typical home in Franklin County, Indiana sells for about $279,220, or $134 per square foot.
Prices are up +16.3% from a year ago, so sellers still have some momentum. Homes take about 29 days to sell, which is fast. Over the long run, values in this county have grown 156% since 2000. Last year 4 of 5 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,148 a month.
HUD sets the fair market rent for a 2-bedroom at $1,148 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+14.2%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+15.4%). Worst: 2014 (-4.1%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,503
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+14.2%
2025 change
FHFA repeat-sales index, median of 5 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
83
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $12,623,300.
Mortgage activity
Home lending in this county
79.8%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 961 | 559 | 75.7% | 2.8% | $175,000 |
| 2019 | 1085▲ | 666▲ | 79.8%▲ | 3.9%▲ | $195,000▲ |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Franklin County, Indiana
Franklin County is experiencing significant price appreciation with a 16.3% year-over-year increase in median sale prices. While inventory remains tight, the market shows signs of increased activity compared to the previous year. The local economy remains stable, supported by a strong manufacturing and health care base.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 5 cities · 9 ZIP reports
Median prices moved sideways 0.0% year over year.
Homes spend a median of 0 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.58% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 8.5% — a stable, low-distress profile.
Deterministic aggregate of 4 researched ZIP reports of 9 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Oct 31
| 47010 | Bath | $163,000 | $116 | -20.7% | 100 | — | — | — | 243 | $1,148 | researched Sep 22 |
| 47012 | Brookville | $222,450 | $135 | +2.1% | 62 | 97.5% | 12% | 4.5 | 64 | $809 | researched Sep 22 |
| 47025 | Laurel | $231,000 | $186 | 0% | — | — | — | — | — | $801 | researched Sep 22 |
| 47036 | Oldenburg | $325,000 | $165 | +1.6% | 40 | 100.1% | 12% | 1.6 | 20 | $863 | researched Sep 22 |
| 47041 | Sunman | $344,000 | $116 | +7.5% | 7 | 94% | — | 8.7 | 96 | $954 | researched Oct 31 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county economy is anchored by manufacturing, health care, and construction sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The economy employs approximately 11,100 people, with manufacturing, health care, and social assistance as the largest industries.
Data retrieved from data.census.gov and DataUSA.io profiles.
applies when — Property must be the taxpayer's principal place of residence.
Removes the first $45,000 of the homestead's assessed value from taxation.
Indiana Code 6-1.1-12-37.
Indiana requires a judicial foreclosure process, meaning lenders must file a lawsuit in court to obtain a foreclosure decree.
Indiana Code 32-30-10.
Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments.
Indiana Code 6-1.1-4.
applies when — Applies to the sale, exchange, or installment contract of residential real estate containing not more than four dwelling units.
Requires the seller to complete a disclosure form regarding the condition of the property, subject to specific statutory exemptions (e.g., court-ordered transfers, foreclosures).
Indiana Code 32-21-5.
Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Indiana Constitution Article X, Section 1; Indiana Code 6-1.1-20.6.
≈ $2,792/yr on a $279,220 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.