Median home value in zip code 46131 (Franklin, IN) is $275,583, up 1.6% year over year. Part of the Indianapolis-Carmel-Anderson, IN metropolitan area.

Home Value$275,583

YoY Change

+1.6%

Prices rising — worse for buyers.

Affordability

Enter your income for 46131 (Franklin).

Income (annual)

Down Payment

$55,117 on $275,583

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

Stretch28.1% of income

Above 28% but manageable with cuts.

PITI$1,759

P/I28.1%

Afford$274K

Gap-$1K

P&I $1,393Tax $232Ins $133

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

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

Metro Analysis

46131 is part of the Indianapolis-Carmel-Anderson, IN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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