Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 71,962 ↑ 4.9% since 2020 |
| Median Household Income | $71,386 4% below national median |
| Median Home Value | $240,900 |
| Unemployment Rate | 5.5% |
| Median Age | 40.9 years |
| Housing Vacancy Rate | 10.9% |
| Total Land Sales (Past 12 Months) | 67 transactions |
| Active Listings | 34 properties |
| Avg Days on Market | 597 days |
Rural Land Sales (1+ Acres) (Jul 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $11,897 |
| Recent Sales | 61 transactions |
| Avg Days on Market | 589 days |
| Avg Parcel Size | 13.40 acres |
| Active Listings | 30 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 24.00 | $157,000 | $6,542 | Laurel |
| Feb 2026 | 158.20 | $1,700,000 | $10,746 | West Harrison |
| Nov 2025 | 14.98 | $280,000 | $18,692 | Brookville |
| Nov 2025 | 13.03 | $155,000 | $11,897 | Metamora |
| Oct 2025 | 64.25 | $370,000 | $5,759 | Brookville |
| Oct 2025 | 2.00 | $22,500 | $11,250 | Laurel |
| Sep 2025 | 53.19 | $465,000 | $8,742 | Brookville |
| Sep 2025 | 53.19 | $465,000 | $8,742 | Brookville |
| Sep 2025 | 2.63 | $125,000 | $47,529 | Brookville |
| Jul 2025 | 2.00 | $41,000 | $20,459 | West Harrison |
Suburban/Urban Land Sales (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Lot Price | $33,500 |
| Recent Sales | 6 transactions |
| Avg Days on Market | 682 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 4 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Sep 2025 | 0.92 | $55,000 | Brookville |
| Aug 2024 | 0.34 | $16,000 | Greensburg |
| Jul 2024 | 0.60 | $51,000 | Batesville |
| Dec 2023 | 0.34 | $9,750 | Greensburg |
| Sep 2023 | 0.53 | $55,000 | Cedar Grove |
| Jun 2023 | 0.36 | $16,000 | Greensburg |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 22,929 |
| Population (2020) | 22,785 |
| Population Growth | 0.63% |
| Median Household Income | $79,702 |
| Median Home Value | $236,700 |
| Total Housing Units | 9,749 |
| Vacant Housing Units | 618 |
| Housing Vacancy Rate | 6.3% |
| Median Age | 42.3 |
| Bachelor's Degree or Higher | 2,055 (9.0%) |
| Unemployment Rate | 5.5% |
Market Overview
Franklin County, Indiana has a population of 22,929, which has grown 0.63% since 2020. The median household income is $79,702, above the national median of $74,580 by 6.9%. The housing vacancy rate of 6.3% suggests tight market conditions. Franklin County is part of Indiana's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $11,897 per acre, with properties averaging 13.40 acres. There are currently 34 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Franklin County, Indiana?
As of the 2023 American Community Survey, Franklin County has a population of 22,929. The county has grown 0.63% since the 2020 Census, indicating a growing community.
What is the median household income in Franklin County?
The median household income in Franklin County is $79,702, which is 6.9% above the national median of $74,580.
Is Franklin County growing or shrinking?
Franklin County is growing. The population has increased 0.63% since 2020.
What is the housing market like in Franklin County?
The median home value in Franklin County is $236,700. The housing vacancy rate is 6.3%, which suggests tight market conditions. The unemployment rate is 5.5%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $11,897 per acre. Suburban/urban lots under 1 acre have a median lot price of $33,500.
Does Reelvest buy land in Franklin County, Indiana?
Yes! Reelvest Properties buys vacant land throughout Indiana, including Franklin County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.