Comprehensive market data and analysis• Updated Oct 2026
8.2 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 9 | 24 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 3 | 7 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | 2 |
| TOTAL | 1 | 4 | 12 | 35 |
Acreage buckets
The median price for land in Franklin, Indiana is currently $291K per acre. For a typical parcel, the median sale price is $120K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $64K while premium lots reached $251K.
Franklin, Indiana is currently a balanced market with 8.2 months of supply. Conditions favor neither buyers nor sellers significantly.
Franklin, Indiana currently has 8.2 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Over the past 12 months, Franklin, Indiana saw 35 properties sold, totaling $12.6M in sales volume. In just the last 3 months, 4 properties changed hands.
Land in Franklin, Indiana typically sells within 328 days of listing. The median time on market is 379 days. Properties are moving slowly in the current balanced market.
The median land price in Franklin, Indiana stands at $120K. This translates to roughly $291K per acre for the typical parcel size. The average price is $360K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Franklin, Indiana is 12.1%. The 12-month rate is 26.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Franklin on LandyDandy.
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