Franklin, LA Home Values & Market Trends

Real estate market trends reflect that there have been 72 transactions over the past year in Franklin. The median value for residential home transactions that occurred over the previous year is $66,822.94. The number of current listings in Franklin is 5, and the percentage of properties for sale in the city is 5.00%. Franklin, LA currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 5 properties for sale.

Franklin, LA Real Estate Market Overview

ZipMedian Est. Value
70538

$ 135,000

$ 75/sqft

Housing Market Summary for Franklin, LA

Mar 2023February 2024Change
Median Listing Price$159.9K$73,763-53.87%
Median Sold Price$94,275$73,763-21.76%
Homes For Sale36100.00%
Homes Sold2626-
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Franklin, LA

Franklin home values range from $16,224 to $5,400,252. The median estimated value of a home in Franklin is $66,822.94. The median list price of a home is 197,000, and the total count of properties in the city is 5,980.

Foreclosure
There is 1 zips within Franklin, LA; within this zips, the median estimated home value for homes in foreclosure ranges from $145,000 in 70538 to the lowest value of $90,084 in 70538. Foreclosure homes account for 0.00% of properties in Franklin, LA with 70538 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Franklin, LA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Franklin, LA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Franklin, LA ranges from the highest value of $90,084 in 70538 to the lowest value of $90,084 in 70538. Bank owned homes and properties account for 0.02% of properties in Franklin, LA. There is 1 zips within Franklin, LA; 70538 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    70538 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Franklin, LA. Auction homes and other auction properties account for 0.02% of all properties in Franklin, LA. There is 1 zips within Franklin, LA; of that zips, the median estimated home value for homes going to auction ranges from $145,000 in 70538 to the lowest value of $145,000 in 70538.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Franklin, LA with 70538 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Franklin, LA; homes for sale in that zips, have a range of median values from $230,188 in 70538 to the lowest value of $66,290 in 70538.
    Sold Homes
    The median value for recently sold homes ranges from $353,649 in 70538 to the lowest price of $17,700 in 70538. There is 1 zips within Franklin, LA. 70538 has 27 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.45% of properties in Franklin, LA.

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      Guide for Franklin, LA

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