City

FRANKTON, IN

Indianapolis-Carmel-Anderson, IN

Median home value: $196K (+2.7% YoY). Part of Indianapolis-Carmel-Anderson, IN.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Indianapolis-Carmel-Anderson, IN metro page.

Home Value$196,468
+2.7%
AFFORDABILITY

Enter your income for Frankton.

$39,294 on $196,468
Affordable — 19.4% of income

Under the 28% guideline.

PITI$1,215
P/I19.4%
Afford$283K
Room+$87K
P&I $942Tax $139Ins $133
6.00% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Frankton Housing Market | CrashWatch