$300,000
Land
Blaise Verret, Listing Office: EXP Realty, LLC
Housing Prices in Franklin, LA
How much do homes in Franklin, LA cost?
Median List Price
$137,450
$90/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$9,250(+7.2%)
Key Takeaway
The list price of homes in Franklin has increased by 7.2% since last year.
Summary: The median home list price in Franklin was $137,450 in October 2024, up 7.2% from the previous year, and the median price per square foot was $90.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $26.5K | - | N/A |
| 2 Bedrooms | $99.7K | $68K | -31.8% |
| 3 Bedrooms | $125K | $132.8K | +6.2% |
| 4 Bedrooms | $229.5K | $332.5K | +44.9% |
| 5+ Bedrooms | $889K | $707K | -20.5% |
Summary: Franklin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 44.9%, and 5+ bedroom homes decreased by 20.5%.
Housing Supply in Franklin, LA
How many homes are available in Franklin, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Franklin real estate market had 26 homes for sale in October 2024, a 7.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Franklin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Franklin, LA
How long does it take to sell a home in Franklin, LA?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 236 Days | 213 Days | -9.6% |
Summary: Homes in Franklin had an average listing age of 213 days in Oct 2024, down by 9.6% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited. 
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