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Foreclosure Homes in Franklin, LA 70538

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Franklin, LA Foreclosures

How much do homes sell for in Franklin, LA?
The average home price is currently $112,879.
In Franklin, LA, how many homes are available?
There are currently 164 active home listings available in Franklin.
What’s the average rental cost in Franklin, LA?
The average rental price in Franklin is $974.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $7,343,600.
What is currently the cheapest priced home in Franklin, LA?
The cheapest home for sale in Franklin is priced at $1,097.

Living in Franklin, LA

Franklin, LA is a quaint town that offers a blend of historic charm and southern hospitality. It features beautiful landscapes, a vibrant local culture, and a strong community spirit. Residents enjoy easy access to recreational activities and are well-connected to essential amenities.

Current Market Conditions in Franklin, LA

The real estate market in Franklin is currently stable, with a slight increase in home prices over the past few months. The town has been seeing a steady interest from both first-time homebuyers and investors due to its affordable housing and rural charm.

With future developments planned, including enhancements to local infrastructures, Franklin is poised for growth. The allure of small-town living while being close to larger cities makes it an attractive option for many.

Home Value Estimator For Franklin, LA

There are currently 4,239 real estate properties in Franklin, LA, with a median automated valuation model (AVM) price of $78,940.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, LA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, LA, is $112,879.00, with the most expensive house in Franklin, LA, topping out at $7,343,600.00 and the cheapest home in Franklin, LA, clocking in at $1,097.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, LA!

Rent Prices In Franklin, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, LA, is on a rollercoaster ride. The average rent price in Franklin, LA, is $974.00. Indeed, when looking to rent in Franklin, LA, you can expect to pay as little as $440.00 or as much as $2,300.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Franklin, LA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Franklin, LA 70538 Foreclosures


Market Trend for Franklin, LA

Total Listings Available: 164

Market Values:

Home Prices from $1,097 to $7,343,600

Average Sales Price: $112,879

Rental Values:

Rental from $440 to $2,300

Average Rent Value: $974 / month

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