What is the median home value in Franklin Township (Johnson County), IN?

The median value of owner-occupied homes in Franklin Township (Johnson County), IN is $223,300 (±$11,536), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Franklin Township (Johnson County), the median home value went from $125,600 in 2015–2019 to $223,300 in 2020–2024 (+77.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$223,300 (±$11,536)
Owner-occupied homes
4,966 (±418)
Most common range
$200,000 to $299,999

Home values in Franklin Township (Johnson County)

Owner-occupied homes by value, 2020–2024
ValueFranklin Township (Johnson County)Johnson CountyIndianaUnited States
Less than $50,0006.9% (±3.0 points)3.5%6.0%5.3%
$50,000 to $99,9994.4% (±2.3 points)2.3%10.1%6.1%
$100,000 to $149,99910.2% (±3.4 points)5.5%12.7%6.8%
$150,000 to $199,99919.8% (±3.9 points)13.4%15.8%9.0%
$200,000 to $299,99935.9% (±5.8 points)30.0%25.1%17.8%
$300,000 to $499,99919.7% (±3.7 points)33.0%21.8%26.9%
$500,000 to $999,9991.6% (±1.4 points)10.5%7.3%20.9%
$1,000,000 or more1.6% (±1.6 points)1.9%1.2%7.1%

The most common range is $200,000 to $299,999, 35.9% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Franklin Township (Johnson County) against Johnson County, its state and the nation

Estimate (90% margin of error)
Franklin Township (Johnson County)Johnson CountyIndianaUnited States
Median home value$223,300 (±$11,536)$284,600 (±$5,680)$218,200 (±$739)$332,700
Owner-occupied homes4,966 (±418)45,493 (±1,037)1,916,243 (±9,865)84,210,142

In Franklin Township (Johnson County), the median home value is lower than in Johnson County ($284,600).

It is not measurably different from Indiana ($218,200).

It is lower than the national figure ($332,700).

In Johnson County, Franklin Township (Johnson County) ranks 14 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 478 of 1,574.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Franklin Township (Johnson County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$125,600 (±$5,978)$223,300 (±$11,536)+77.8%Up after inflation
Median owner cost with a mortgage$1,102 (±$37)$1,382 (±$82)+25.4%No measurable change after inflation
Median real estate taxes$1,286 (±$67)$1,772 (±$117)+37.8%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Franklin Township (Johnson County)

Nearest places with a published estimate, compared with Franklin Township (Johnson County)
PlaceDistanceMedian home valueCompared with this place
Franklin Township (Johnson County)—$223,300 (±$11,536)—
Franklin2.4 mi$231,500 (±$10,439)Not measurably different
Needham Township4.9 mi$277,300 (±$19,682)Higher
Whiteland5.0 mi$232,100 (±$16,926)Not measurably different
New Whiteland5.4 mi$211,800 (±$12,884)Not measurably different
Trafalgar5.8 mi$233,600 (±$25,244)Not measurably different
Nineveh Township5.9 mi$265,000 (±$32,586)Higher
Union Township (Johnson County)5.9 mi$282,900 (±$16,901)Higher
Pleasant Township (Johnson County)6.8 mi$253,900 (±$11,196)Higher

Nearby places with a measurably higher figure: Needham Township, IN ($277,300), Nineveh Township, IN ($265,000), Union Township (Johnson County), IN ($282,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Johnson County, place by place

RankPlaceMedian home value
8Nineveh Township$265,000 (±$32,586)
9Pleasant Township (Johnson County)$253,900 (±$11,196)
10Prince's Lakes$245,000 (±$29,934)
11Trafalgar$233,600 (±$25,244)
12Whiteland$232,100 (±$16,926)
13Franklin$231,500 (±$10,439)
14Franklin Township (Johnson County)$223,300 (±$11,536)
15New Whiteland$211,800 (±$12,884)
16Blue River Township (Johnson County)$161,100 (±$18,757)
17Edinburgh$154,500 (±$21,001)

Showing 10 of 17 places in Johnson County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Franklin Township (Johnson County)

What is the average home value in Franklin Township (Johnson County), IN?

The Census Bureau publishes the median: $223,300 (±$11,536) for owner-occupied homes in Franklin Township (Johnson County) (2020–2024 American Community Survey).

Have home values in Franklin Township (Johnson County) gone up?

In Franklin Township (Johnson County), the median home value went from $125,600 in 2015–2019 to $223,300 in 2020–2024 (+77.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Franklin Township (Johnson County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin township, Johnson County, Indiana (county subdivision:25468, in state:18 county:081).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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