Franklin, LA
Housing market overview · Updated weekly
$501,500median sale price
Homes sold
2
Last 12 weeks
Days on market
141
Average pace
Active listings
18
9.0 months supply
Sale-to-list
94.3%
Below asking
The Franklin housing market is currently classified as a buyer's market with a median sale price of $501,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 141 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Franklin
There are currently 18 homes listed for sale in Franklin, Louisiana. The median listing price is $127K.
Active listings
18
Homes on market
Median list price
$127K
Avg. days on market
141
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in Franklin?
The median home sale price in Franklin is $501,500, down 0.0% from last year.
How long do homes stay on market in Franklin?
Homes typically spend 141 days on market before going under contract.
Is Franklin a buyer's or seller's market?
With 9.0 months of supply, Franklin is currently a buyer's market.
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