Marion, Indiana · Shelby County

Franklin Neighborhood Guide

Franklin is a neighborhood in Marion.
$55k
Median Price
Where the $55k median comes from

Redfin neighborhood sale median for Jul–Sep 2026 for Franklin; 15 homes sold there over the 12 months Oct 2025–Sep 2026. One figure for the whole neighborhood; individual homes sell above and below it. We do not publish a low/high range because we do not have a sourced one.

About Franklin

Franklin is a neighborhood in Marion, Indiana with a Quiet vibe.

Nearby Neighborhoods in Marion

West Marion
$35k
Laural Valley
$137k
Foster
$95k
College Park
$153k
Shady Hills
$240k
Thomas Jefferson
$55k
Garfield
$61k
Center City
$77k

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Frequently Asked Questions

What is the median home price in Franklin?

The median sale price in Franklin is approximately $55k (Redfin neighborhood sale median, Jul–Sep 2026). Individual homes sell above and below that figure depending on size, condition and exact location.

How are the schools in Franklin?

We do not have a school rating for Franklin. Check assigned schools for any specific address with the district.

What is Franklin known for?

Franklin is a neighborhood in Marion.

Check crime data

We don’t grade neighborhoods on crime. Look up the streets you’re considering in Marion with the agency that patrols them: