Home prices
The median home in Franklin costs $129,200. This is roughly $18,520 (12%) lower compared to its surrounding areas.It is about $88,300 (40%) lower in comparison to the country as a whole, and it is roughly $71,500 (35%) lower compared to the city of Bloomington.
Rents
In Franklin the median rent is $880 a month. It is approximately $77 (8%) lower in comparison to its surrounding areas.In comparison to the entire country it is approximately $182 (17%) lower, and compared to the city of Bloomington it is roughly $37 (4%) lower.
Nearby places
Whiteland
Whiteland is Franklin's neighbor to the north. Its housing prices are somewhat more expensive. The value of the median home in Whiteland is $141,300, which comes out to $12,100 (8%) higher than Franklin. Rent there is a little more expensive. In Whiteland the median monthly rent is $1,007, which is $127 (12%) higher than Franklin.
New Whiteland
New Whiteland is about 5 miles northwest of Franklin. The real estate prices there are substantially less expensive. New Whiteland's median home value is $97,100, which works out to $32,100 (33%) lower than Franklin. The rent there is pretty similar. The median monthly rent in New Whiteland is $884, which is very similar to Franklin.
Trafalgar
Trafalgar is about 7 miles southwest from Franklin. Its housing prices are fairly similar. The cost of the median home in Trafalgar is $125,800, which works out to $3,400 (2%) lower than Franklin. Its rents are a bit more expensive. Trafalgar's median rent is $928 a month, which works out to $48 (5%) higher than Franklin.
Bargersville
Bargersville is roughly 7 miles northwest of Franklin. Its real estate prices are substantially more expensive. Bargersville's median home price is $219,100, which comes out to $89,900 (41%) higher than Franklin. Rents there are somewhat more expensive. The median monthly rent in Bargersville is $983, which is $103 (10%) higher than Franklin.
Greenwood
Greenwood is approximately 7 miles north of Franklin. The real estate prices there are somewhat more expensive. The median home in Greenwood is valued at $155,300, which comes out to $26,100 (16%) higher than Franklin. The rent there is somewhat more expensive. The median monthly rent in Greenwood is $982, which works out to $102 (10%) higher than Franklin.
