1 bedroom homes for sale in Franklin, IN

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Franklin, IN Real Estate Market Overview

There are no 1-bedroom homes for sale in Franklin, IN. The following market insights reflect all property types in the Franklin, IN real estate market. Between April 2025 and May 2025, Franklin, IN real estate market has seen an increase in the number of listings by 24.8%. In May 2025 median list price was $279,850 and the average listing age was 22 days. In May 2025 more than 10 listings in Franklin, IN were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 16 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Franklin, IN

Franklin is located in Johnson County, Indiana. There are roughly 14,384 residents, living in 5,390 households. The average temperature for Franklin this time of the year is low of 60F and high of 82F. On average, Franklin gets about 3.9 inches of precipitation in June. Most residents are home owners (64%), have a high school diploma (49%) and are single, no kids (41%).

Data provided by Home Junction

Schools near Franklin, IN

Elementary Schools

  • Webb Elementary School

    1400 Webb Ct

    Public District KG-4

  • Northwood Elementary School

    965 Grizzly Cub Dr

    Public District KG-4

  • Needham Elementary School

    1399 Upper Shelbyville Rd

    Public District KG-4

Middle Schools

  • Franklin Community Middle School

    625 Grizzly Cub Dr

    Public District 7-8

High Schools

  • Franklin Community High School

    2600 Cumberland Dr

    Public District 9-12

Data provided by Great Schools

Housing market reports in Johnson County

Homes for sale near Franklin, IN

Top real estate cities in Indiana

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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