47035 — Franklin County, Indiana Market Snapshot
Housing market data for zip code 47035 in Franklin County, Indiana. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Franklin County county page for broader data.
Market Sales Data
1 sales in 2025
Median Sale Price
$210,500
Days to Sell
113
Homes Sold
1
Inventory
N/A
Conforming Loan Available
Most homebuyers in 47035 can comfortably use conventional financing. The median home price of $210,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 113 days on average, 47035 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Conforming Loan Feasibility
Most homebuyers in 47035 can comfortably use conventional financing. The median home price of $210,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 47035 are set at the county level.
2026 Loan Limits — Franklin County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 47035
To purchase the median home at $210,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,763.
Monthly Payment
$1,763
Income Required
$75,548
Principal & Interest
$1,297/mo
Down Payment (5%)
$10,525
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 47035.
Estimated Monthly Payment
$1,453
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