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2025 Compare Cities Housing:
Franklin, IN vs Salem, OH

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Highlights
- The median age of a home in Franklin is 131.0% younger than the median age of a home in Salem.
 Franklin, INSalem, OHUnited States
 Median Home Age29  Unlock42
 Median Home Cost  Unlock$156,700$338,100
 Home Appr. Last 12 months17.9%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock53.4%57.0%
 Home Appr. Last 10 yrs.95.7%  Unlock101.1%
 Property Tax Rate  Unlock$13.2$11.0
 Homes Owned59.5%  Unlock57.4%
 Housing Vacant  Unlock12.8%11.2%
 Homes Rented33.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Franklin, INSalem, OHUnited States
 Average Rent  Unlock$1,050$1,840
 Studio Apartment$760  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$670$1,180
 2 Bedroom Home or Apartment$1,050  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,060$1,860
 4 Bedroom Home or Apartment$1,650  Unlock$2,160
 space1
 Vacant Housing
 Franklin, INSalem, OHUnited States
 Vacant For Rent  Unlock2.3%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock1.4%0.7%
 Vacant Sold1.1%  Unlock0.4%
 Vacant Vacation  Unlock1.3%3.6%
 Vacant Other3.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Franklin, INSalem, OHUnited States
 Less Than $20,000  Unlock3.2%2.6%
 $20,000 to $39,9991.9%  Unlock2.4%
 $40,000 to $59,999  Unlock9.1%2.8%
 $60,000 to $79,9993.9%  Unlock3.9%
 $80,000 to $99,999  Unlock18.4%4.5%
 $100,000 to $149,99925.5%  Unlock11.3%
 $150,000 to $199,999  Unlock10.9%13.0%
 $200,000 to $299,99923.3%  Unlock20.1%
 $300,000 to $399,999  Unlock2.8%13.6%
 $400,000 to $499,9991.2%  Unlock8.3%
 $500,000 to $749,999  Unlock0.0%9.7%
 $750,000 to $999,9990.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.8%1.1%
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 Housing Units By Year Built
 Franklin, INSalem, OHUnited States
 2015 and Newer0.5%  Unlock0.2%
 2010 to 2014  Unlock3.9%13.6%
 2000 to 200920.5%  Unlock13.6%
 1990 to 1999  Unlock6.6%13.6%
 1980 to 198910.4%  Unlock13.2%
 1970 to 1979  Unlock9.0%14.8%
 1960 to 196921.3%  Unlock13.6%
 1950 to 1959  Unlock14.8%10.0%
 1940 to 19493.2%  Unlock4.7%
 1939 or Earlier  Unlock33.8%12.2%
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Reviews for Franklin    1 Reviews
tp · Shelbyville, IN
six year resident
Over 20 years ago

located 22 miles south of Indianapolis, the city has a quiet nature about it, with a small liberal arts college downtown complete with bike trail. The down side is the  More

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Reviews for Salem    2 Reviews
MICHAEL · San Francisco, CA
Michael White
Over 8 years ago

Salem is a beautiful town with great people. Even though it is a small town it has a good hospital, good restaurants and enough stores to find almost anything you  More

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scott · Salem, OH
Salem Success, growth, and quality of living
Over 12 years ago

Salem is experiencing a renaissance of late. A large group of citizens formed a committee called the Salem Downtown Technical Advisory Committee and this committee has  More

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Learn More About Franklin, Indiana
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