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Real estate in Indianapolis’ South Franklin neighborhood.

Compare top South Franklin real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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South Franklin real estate Market Report.

Information and statistics on the latest trends in the South Franklin real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$387K
+29% from Q2 '26
Median list price
$324K
-5.5% from Q2 '26
Active listings
147
-9.8% from Q2 '26
Homes sold
69
-20% from Q2 '26
New pendings
72
-23% from Q2 '26
New listings
82
-22% from Q2 '26

Quarterly Pricing Trends for South Franklin

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for South Franklin Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $287K Median sale price in Jan 2022 - Mar 2022: $332K Median sale price in Apr 2022 - Jun 2022: $338K Median sale price in Jul 2022 - Sep 2022: $310K Median sale price in Oct 2022 - Dec 2022: $300K Median sale price in Jan 2023 - Mar 2023: $350K Median sale price in Apr 2023 - Jun 2023: $355K Median sale price in Jul 2023 - Sep 2023: $333K Median sale price in Oct 2023 - Dec 2023: $330K Median sale price in Jan 2024 - Mar 2024: $323K Median sale price in Apr 2024 - Jun 2024: $350K Median sale price in Jul 2024 - Sep 2024: $323K Median sale price in Oct 2024 - Dec 2024: $345K Median sale price in Jan 2025 - Mar 2025: $320K Median sale price in Apr 2025 - Jun 2025: $303K Median sale price in Jul 2025 - Sep 2025: $335K Median sale price in Oct 2025 - Dec 2025: $348K Median sale price in Jan 2026 - Mar 2026: $300K Median sale price in Apr 2026 - Jun 2026: $300K Median sale price in Jul 2026 - Sep 2026: $387K Median list price in Oct 2021 - Dec 2021: $288K Median list price in Jan 2022 - Mar 2022: $305K Median list price in Apr 2022 - Jun 2022: $310K Median list price in Jul 2022 - Sep 2022: $300K Median list price in Oct 2022 - Dec 2022: $350K Median list price in Jan 2023 - Mar 2023: $340K Median list price in Apr 2023 - Jun 2023: $355K Median list price in Jul 2023 - Sep 2023: $355K Median list price in Oct 2023 - Dec 2023: $340K Median list price in Jan 2024 - Mar 2024: $350K Median list price in Apr 2024 - Jun 2024: $357K Median list price in Jul 2024 - Sep 2024: $320K Median list price in Oct 2024 - Dec 2024: $335K Median list price in Jan 2025 - Mar 2025: $299K Median list price in Apr 2025 - Jun 2025: $350K Median list price in Jul 2025 - Sep 2025: $342K Median list price in Oct 2025 - Dec 2025: $315K Median list price in Jan 2026 - Mar 2026: $305K Median list price in Apr 2026 - Jun 2026: $342K Median list price in Jul 2026 - Sep 2026: $324K Oct 2021 - Dec 2021 Median sale price $287K Median list price $288K Jan 2022 - Mar 2022 Median sale price $332K Median list price $305K Apr 2022 - Jun 2022 Median sale price $338K Median list price $310K Jul 2022 - Sep 2022 Median sale price $310K Median list price $300K Oct 2022 - Dec 2022 Median sale price $300K Median list price $350K Jan 2023 - Mar 2023 Median sale price $350K Median list price $340K Apr 2023 - Jun 2023 Median sale price $355K Median list price $355K Jul 2023 - Sep 2023 Median sale price $333K Median list price $355K Oct 2023 - Dec 2023 Median sale price $330K Median list price $340K Jan 2024 - Mar 2024 Median sale price $323K Median list price $350K Apr 2024 - Jun 2024 Median sale price $350K Median list price $357K Jul 2024 - Sep 2024 Median sale price $323K Median list price $320K Oct 2024 - Dec 2024 Median sale price $345K Median list price $335K Jan 2025 - Mar 2025 Median sale price $320K Median list price $299K Apr 2025 - Jun 2025 Median sale price $303K Median list price $350K Jul 2025 - Sep 2025 Median sale price $335K Median list price $342K Oct 2025 - Dec 2025 Median sale price $348K Median list price $315K Jan 2026 - Mar 2026 Median sale price $300K Median list price $305K Apr 2026 - Jun 2026 Median sale price $300K Median list price $342K Jul 2026 - Sep 2026 Median sale price $387K Median list price $324K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Home values in South Franklin have been climbing in this rolling three-month view, with the typical home value up about 16% from a year ago and now well above the broader Indianapolis median. At the same time, list prices are down year over year, suggesting sellers may be pricing more cautiously even as closed-sale prices trend higher.

Listing and contract activity has cooled compared with a year ago. Fewer homes are being listed and sold. Pending sales are roughly flat year over year.

Inventory conditions have shifted toward better balance, with months of supply rising more than 50% over the past year to about three and a half months, similar to Indianapolis overall. Homes are taking longer to sell, with the median days on market up notably from last year, and a smaller share is selling above the asking price, while sale-to-list ratios still hover just under full price. Despite these changes, South Franklin is still categorized as a seller’s market, though buyers have a bit more breathing room than in prior years. Whether you are trying to navigate today’s pricing as a buyer or position your property effectively as a seller, Agent Pronto can connect you with a local agent who understands these trends.



Learn more about what South Franklin has to offer.

South Franklin offers residents a welcoming mix of parks, convenient local amenities, vibrant community events, and a walkable, close-knit vibe.

South Franklin in Indianapolis offers a practical, easygoing routine where daily errands, school drop offs, and weekend outings are all within close reach. Residents appreciate quick access to grocery options and services along South Emerson Avenue, as well as convenient connections to Downtown Indianapolis for work, dining, and cultural events.

Families are drawn to the area for its access to Franklin Township schools, including Franklin Central High School and nearby Kitley Intermediate School. Parks such as Franklin Township Community Park offer ball fields, walking paths, and playgrounds that make it easy to enjoy the outdoors without leaving the neighborhood. The popular Southeastway Park is also a short drive away, with nature trails and picnic areas that appeal to all ages.

On weekends, locals often head to Downtown Greenwood or explore shopping and dining options along nearby commercial corridors. Commuters value the straightforward drive to central Marion County, as well as access to I 65 and I 465 for cross town travel.

Whether you already live in South Franklin or are considering a move to this part of Indianapolis, a knowledgeable local real estate agent can help you understand street by street differences, school options, and current market trends. Agent Pronto can connect both buyers and sellers with an agent who knows South Franklin and can guide each step with confidence.

Find your South Franklin real estate agent today →


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“Rachel Patterson is in a class of her own! Her attention to detail, having a master plan vision, ability to contact her, contractor contacts, and much more made this real estate experience exceptional! She has a heart of gold and made the house sale process far more successful than I could have imagined!”

Amy · Greenwood, IN

Photo of The Patterson Collective
Howard Hanna Real Estate Services F.C. Tucker Company
“Seth was so helpful throughout my entire home buying experience. He was there to answer all my questions every step of the way and with such a quick response time! I would highly recommend working with him, and will continue to do so in the future. Thanks, Seth!!”

Laura Pence ·

Photo of Corina Jones
Your Home Team
“We couldn’t be more grateful to have had Brandi by our side for the purchase of our third home! I’ve known her since I was a child, so having someone I’ve trusted for so many years help us through such an important milestone made this experience even more special. She was patient, knowledgeable, responsive, and genuinely invested in helping us find the right home for our growing family. She listened to what we wanted, answered every question, talked us through every concern, and made us feel supported and confident throughout the entire process. She truly cared about our family and wanted us to find a place where we could make lasting memories. We cannot recommend her enough!! Thank you so much, AGAIN, Brandi!!”

Bren Noe · Greenwood, IN

Photo of Brandi Oakes
CENTURY 21
“Robert VanHook has been involved in three of our real estate transactons over the years. He is very knowledgeable and experienced. He has a handle on all the tools needed to get our home on the market and secure the best offers. His advise on what we could expect, as far as pricing and timing, were spot on. He was also a valuable source for repairmen. We have been very pleased with the outcomes of all three transactions and we highly recommend him.”

Steve and Linda · Coatesville, IN

Photo of Robert VanHook
Century 21 Scheetz
“I was a work relocation, and Valerie was simply outstanding in helping me understand the local communities. She has amazing attention to detail and made sure I was informed every step of the way. Great negotiation skills and great tenacity. I've bought and sold several homes, and Valerie was the best agent I have worked with.”

famancuso12 ·

Photo of Midtown Home Collective
Berkshire Hathaway Indiana Realty
“My husband and I had a great experience working with Carter's Home Team. We were looking for a unique property. Our home search took two years and involved multiple offers on properties across Indiana. Dee and Jim were very responsive, willing to drive to our rural property choices, and handled all of the offers and some complex situations well. Working together, we finally found the perfect property. We are looking forward to working together in the future!”

Jennifer Green ·

Photo of Dee Carter
Highgarden Real Estate
“Erica Dickey was amazing to work with. she is extremely patient, knowledgable, and professional. she truly cared about what was important to me when it came to selling and buying my home. she made this entire process feel much less stressful and was there every time i needed anything. i would highly recommend Erica to anyone who is looking to buy or sell a home.”

Toni Compton · Indianapolis, IN

Photo of Erica Dickey
Bennett Realty
“Although our deal was super unconventional, I truly believe Nick did all that he could do for us during the entire process. I really appreciated his calmness when I wasn't so calm. It was nice to see someone understanding of our situation and pushing things forward when needed.”

Cantwell · Indianapolis, IN

Photo of Nick Walters
Century 21 Scheetz
“Honestly, We were in perfect hands. If you're looking for the one that goes out of there way. Matt is one of those guys. There wasn't a time, he didn't answer a text or call. Did his best to take in consideration what we were looking for. He never took long to get us in to see a house we was interested in. He did his best to answer any questions we may have on the houses. He walked us thru the paper work. He was always there to answer questions on the paper work. All around was great thru the process of buying a house. We definitely would recommend Matt to help you!!!”

Sherry Hill ·

Photo of Matt Snyder
BluPrint Real Estate Group
“What we appreciated most about Sarah was her honesty. She never sugarcoated the process or told us only what we wanted to hear. Instead, she came prepared, did her research, offered thoughtful guidance, and helped us set realistic expectations from the start. At the same time, Sarah was reassuring, confident, and encouraging throughout the selling process. Listing a longtime home can feel intimidating, but she made us feel comfortable and supported every step of the way. She communicated proactively, answered our calls, responded to our texts, and never overwhelmed us. If you are looking for a straight shooter who combines honest guidance with excellent communication, Sarah is the right person to work with.”

Arun Murali · Indianapolis, IN

Photo of Sarah Flynn
Century 21 Scheetz
“René Hauck is an outstanding Realtor and we are so blessed to have her support and dedication through the entire home buying process. Our family needed to make a quick move from Florida to Indiana. With only 4 days to look for a house, René made us feel welcomed and did an excellent job helping us get familiar with Plainfield and the nearby towns. When planning the house tours, she took in consideration our family’s needs and desires in a home. The first house she showed us she thought would suit our family best and that’s the one we chose! Through signing the sales contract to closing (on time), René Hauck worked hard in every step ensuring that we were taken care of. What could have been a very stressful and chaotic move, was actually pleasant and delightful. Choosing René as our Realtor was the best decision we made in the process and I am so thankful for her support and dedication! We love our home!”

loricosta328 ·

Photo of René Hauck
RE/MAX Advanced Realty
“We had a great experience with Colleen, very knowledgeable and available at all times we needed. Will use her again with any future real estate dealings.”

Linda · Greenwood, IN

Photo of Colleen Gordon
Century 21 Scheetz
“Scott was great, super knowledgeable and worked diligently to help us get the home we wanted. We're first time homebuyers and he went above and beyond to make sure everything went smooth. He also gave me lots of contacts for home repair and service. I look forward to working with Scott again when it comes time to sell. I strongly recommend Scott to anyone looking to buy a home!!!”

Tyler Dillon · Columbus, IN

Photo of Scott & Heather Babb
Century 21 Breeden Realtors
“Kayla was an excellent agent who was very accessible and helpful which was important as first time homebuyers.”

AJ · Indianapolis, IN

Photo of Kayla Brandenburg
Century 21 Scheetz
“Working with Alex was an outstanding experience from start to finish. This is the second rental property I’ve purchased in the last two years, and having an experienced Indianapolis realtor who truly understands investment properties made all the difference. We were able to negotiate $20,000 off the list price, which immediately improved my cash-on-cash return and overall equity position. Even better, the property already had a tenant in place at closing, so I had instant cash flow from day one. The rental income exceeds the 1% rule, which was a major goal for me when evaluating this deal. Alex’s knowledge of the Indianapolis investment market, rental comps, and negotiation strategy gave me a real advantage. If you’re looking for an Indianapolis realtor who understands how to structure strong investment deals and identify properties that actually cash flow, I highly recommend working with him.”

Wesley Rogers ·

Photo of Alex Kovacs
eXp Realty, LLC
“Mark listened to us and found us the perfect home. He was considerate and had a vast knowledge of the area. He was sensitive to our needs and all around a pleasure to work with. We would definitely recommend working with Mark! We will go to him for all of our future home buying and selling needs. Also, Mark continues to check on us and our home now. He is truly one of the very best. We really appreciate him and his team.”

tglendavis ·

Photo of Mark Evans
Fathom Realty
“Lori has always been extremely helpful and insightful to my needs. I have been working with her for 10 years and have completed several real estate transactions with her expertise. I highly recommend Lori for all types of real estate transactions.”

Cindy Purcell ·

Photo of Boutique Home Team
Highgarden Real Estate
“Rob Wilson made the sale of my house as smooth effortless as possible. When problems arose prior to listing, he was beyond helpful. He not only knows the real estate market inside and out, but he also has a vast knowledge of local contractors who can take care of any issue found during the process.”

Mark Litz · Indianapolis, IN

Photo of Rob Wilson
Century 21 C21 Scheetz
“Working with Derek was incredible and he made it so easy. It can be a daunting event but it actually was a great experience and he sold my house in thirty six hours.”

scottvanmeter1 ·

Photo of Derek Gutting
Keller Williams Gutting Group
“Miranda did an outstanding job finding a buyer for my home. She will work extremely hard to find you a home or sell your home. I will always use Miranda.”

Vernon Taylor ·

Photo of Miranda Payne
Carpenter Realtors

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around South Franklin. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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