The median home in Frankton, Indiana is valued at $196,468, up 2.7% year over year. Frankton is part of the Indianapolis-Carmel-Anderson, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$196,468

+2.7%

Prices rising — worse for buyers.

Affordability

Enter your income for Frankton.

Income (annual)

Down Payment

$39,294 on $196,468

Example: $75,000 household income. Change it above to see your own.

Affordable20.3% of income

Under the 28% guideline.

PITI$1,266

P/I20.3%

Afford$272K

Room+$75K

P&I $993Tax $139Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Frankton with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Indianapolis-Carmel-Anderson, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Indianapolis-Carmel-Anderson, IN metro.

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Frankton, IN