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Rent To Own Homes in Franklinton, LA

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Franklinton, LA Foreclosures

How much do homes sell for in Franklinton, LA?
The average home price is currently $152,501.
In Franklinton, LA, how many homes are available?
There are currently 4 active home listings available in Franklinton.
What’s the average rental cost in Franklinton, LA?
The average rental price in Franklinton is $1,261.
What is the most expensive home in Franklinton?
The most expensive home sold in Franklinton had a price of $5,685,300.
What is currently the cheapest priced home in Franklinton, LA?
The cheapest home for sale in Franklinton is priced at $10,083.

Living in Franklinton, LA

Franklinton, Louisiana, is a small yet charming town known for its rich history and welcoming community. Nestled in Washington Parish, it offers a close-knit atmosphere with numerous outdoor recreational opportunities. Residents can enjoy local festivals, parks, and easy access to larger urban areas.

Current Market Conditions in Franklinton, LA

The real estate market in Franklinton remains stable, with a balanced mix of buyers and sellers. The current trends show a moderate appreciation in property values, supported by a steady demand for family homes. Attractively priced homes in desirable neighborhoods often receive multiple offers, indicating a competitive market.

Investors are beginning to take notice of Franklinton, drawn by its affordability compared to nearby larger cities. This has contributed to a slight uptick in new construction projects, further stimulating the local economy. Overall, the residential market shows a healthy turnover, appealing to both first-time buyers and seasoned investors.

Home Value Estimator For Franklinton, LA

There are currently 6,122 real estate properties in Franklinton, LA, with a median automated valuation model (AVM) price of $127,454.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklinton, 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 Franklinton, LA, is $152,501.00, with the most expensive house in Franklinton, LA, topping out at $5,685,300.00 and the cheapest home in Franklinton, LA, clocking in at $10,083.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklinton, LA!

Rent Prices In Franklinton, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklinton, LA, is on a rollercoaster ride. The average rent price in Franklinton, LA, is $1,261.00. Indeed, when looking to rent in Franklinton, LA, you can expect to pay as little as $700.00 or as much as $2,920.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Franklinton, 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.

Franklinton, LA Rent To Own Homes

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