Franklin, LA Housing Market
The Franklin housing market is not very competitive. The median sale price of a home in Franklin was $253K last month, up 238.9% since last year. The median sale price per square foot in Franklin is $49, up 113.0% since last year.
Franklin Housing Market Trends
In May 2025, Franklin home prices were up 238.9% compared to last year, selling for a median price of $253K.
since last year
since last year

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How hot is the Franklin housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 8% below list price and go pending in around 99 days.
- Hot homescan sell for about 1% below list price and go pending in around 43 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 11% below list price and go pending in around 61 days.
- Hot homescan sell for about 1% below list price and go pending in around 22 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 4% below list price and go pending in around 65 days.
- Hot homescan sell for about 1% above list price and go pending in around 21 days.
Franklin Migration & Relocation Trends
- Across the nation, 0.06% of homebuyers searched to move into Franklin from outside metros.
- Houston homebuyers searched to move into Franklin more than any other metro followed by Los Angeles and Dallas.
- 51% of Franklin homebuyers searched to stay within the Franklin metropolitan area.
- Baton Rouge was the most popular destination among Franklin homebuyers followed by New Orleans and Birmingham.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 46 | ||
2 | 39 | ||
3 | 39 | ||
4 | 23 | ||
5 | 15 | ||
6 | 13 | ||
7 | 12 | ||
8 | 12 | ||
9 | 12 | ||
10 | 12 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 343 | ||
2 | 36 | ||
3 | 4 | ||
4 | 3 | ||
5 | 3 | ||
6 | 2 | ||
7 | 2 | ||
8 | 1 | ||
9 | 1 | ||
10 | 1 |
View houses in Franklin that sold recently
Recently sold homes
- $38,000 Last Sold Price—beds—baths—sq ft1123 Lee Charles St, Franklin, LA 70538List Price$45,000Sale to List16% under listDays on Market71 days1123 Lee Charles St, Franklin, LA 70538
- $75,000 Last Sold Price3 beds2 baths1,795 sq ft408 Sanders St, Franklin, LA 70538List Price$80,000Sale to List6% under listDays on Market84 days408 Sanders St, Franklin, LA 70538
- $199,000 Last Sold Price3 beds2 baths2,330 sq ft203 Eastwood Dr, Franklin, LA 70538List Price$228,000Sale to List13% under listDays on Market194 days203 Eastwood Dr, Franklin, LA 70538
- $76,000 Last Sold Price3 beds2 baths1,796 sq ft217 Morris St, Franklin, LA 70538List Price$105,000Sale to List28% under listDays on Market32 days217 Morris St, Franklin, LA 70538
- $165,000—beds—baths—sq ft1011 Main St, Franklin, LA 70538List Price—Sale to List—Days on Market—1011 Main St, Franklin, LA 70538
- $274,900 Last List Price5 beds3.5 baths2,599 sq ft245 N Prairie Rd, Franklin, LA 70538List Price—Sale to List—Days on Market45 days245 N Prairie Rd, Franklin, LA 70538
- $165,000 Last Sold Price4 beds3 baths2,912 sq ft1011 Main St, Franklin, LA 70538List Price$165,000Sale to List0% over listDays on Market53 days1011 Main St, Franklin, LA 70538
- $12,000—beds—baths—sq ft614 Iberia St, Franklin, LA 70538List Price—Sale to List—Days on Market—614 Iberia St, Franklin, LA 70538
See all recently sold homes in Franklin.
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Schools in Franklin
- Elementary
- Middle
- High
GreatSchools Rating
5/10 W.P. Foster Elementary School Public • PreK-5 | 250 Students | N/A |
4/10 Lagrange Elementary School Public • PreK-5 | 229 Students | N/A |
NR J. A. Hernandez Elementary School Public • PreK-5 | - Students | 1 reviews |
Climate's impact on Franklin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Franklin.
Flood Factor - Moderate
Flood Factor

Fire Factor - Minimal
Fire Factor

Wind Factor - Extreme
Wind Factor

Wind likelihood over time
Heat Factor - Extreme
Heat Factor

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