Franklin, LA Housing Market

Homes for sale

The Franklin housing market is not very competitive. The median sale price of a home in Franklin was $230K last month, up 60.3% since last year. The median sale price per square foot in Franklin is $73, up 9.0% since last year.

Trends
Demand
Migration
Schools
Climate

Franklin Housing Market Trends

What is the housing market like in Franklin today?

In January 2025, Franklin home prices were up 60.3% compared to last year, selling for a median price of $230K.

$230K

Sale Price

+60.3%
since last year

$73

Sale $/Sq. Ft.

+9.0%
since last year

Under List Price

8.4%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Franklin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Franklin add value to a home.

How hot is the Franklin housing market?

Franklin is not very competitive. Homes sell in 99 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 99 days.
Hot homes
can sell for about 1% below list price and go pending in around 43 days.

Compare With Nearby Cities

Morgan City

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 9% below list price and go pending in around 81 days.
Hot homes
can sell for around list price and go pending in around 20 days.

See more nearby cities and neighborhoods

Franklin Migration & Relocation Trends

In Dec '24 - Feb '25, 50% of Franklin homebuyers searched to move out of Franklin, while 50% looked to stay within the metropolitan area.

Where are people moving to Franklin from?

Across the nation, 0.05% of homebuyers searched to move into Franklin from outside metros.
Dallas homebuyers searched to move into Franklin more than any other metro followed by Houston and Los Angeles.

Where are people from Franklin moving to?

50% 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 Detroit.

Number of People Moving to Franklin

least

most

People are moving to Franklin from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	Dallas, TX	35
2	Houston, TX	33
3	Los Angeles, CA	29
4	Seattle, WA	14
5	Washington, DC	12
6	San Francisco, CA	12
7	Phoenix, AZ	11
8	Atlanta, GA	10
9	San Diego, CA	9
10	Lake Charles, LA	8

People are leaving Franklin for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Baton Rouge, LA	294
2	New Orleans, LA	33
3	Detroit, MI	7
4	Birmingham, AL	5
5	Knoxville, TN	2
6	Pittsburgh, PA	2
7	Honolulu, HI	1
8	DeRidder, LA	1
9	Mobile, AL	0
10	Raleigh, NC	0

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Schools in Franklin

Learn about schools in the Franklin area

Elementary
Middle
High

GreatSchools Rating

5/10 W.P. Foster Elementary School Public • PreK-5	254 Students	N/A
2/10 Lagrange Elementary School Public • PreK-5	195 Students	N/A
NR J. A. Hernandez Elementary School Public • PreK-5	- Students	1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

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.

Wind Factor - Extreme

100% of properties are at extreme risk of a severe wind event over the next 30 years

Heat Factor - Extreme

99% of properties are at extreme risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Franklin

New Listings in Franklin

Nearby City Housing Markets

Zip Code Housing Markets

70538 Housing Market

Nearby City Listings

Zip Code Listings

70538 Real Estate

Rentals

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Franklin, LA Housing Market

Franklin Housing Market Trends

How hot is the Franklin housing market?

Franklin Migration & Relocation Trends

Schools in Franklin

GreatSchools Rating

Climate's impact on Franklin housing

Flood Factor - Minor

Flood Factor

Fire Factor - Minimal

Fire Factor