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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 $112,247.
In Franklin, LA, how many homes are available?
There are currently 169 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 $7,352,900.
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 with a welcoming atmosphere, characterized by its rich culture and outdoor recreational activities. Known for its affordable living and friendly community, it's an ideal spot for families and individuals looking for a peaceful lifestyle. With access to natural beauty and local amenities, Franklin offers a unique blend of Southern charm.

Current Market Conditions in Franklin, LA

The Franklin real estate market is competitive, with a current trend of increasing property values due to growing interest in the area. Homes listed here tend to sell quickly, often receiving multiple offers within days of being on the market.

Renovation projects and new developments are contributing to the revitalization of Franklin, making it an attractive choice for both new buyers and investors looking for opportunities in a blossoming market.

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 $76,554.00. 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 $112,247.00, with the most expensive house in Franklin, LA, topping out at $7,352,900.00 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: 169

Market Values:

Home Prices from $1,097 to $7,352,900

Average Sales Price: $112,247

Rental Values:

Rental from $440 to $2,300

Average Rent Value: $974 / month

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