Franklinton Real Estate Market

Franklinton Market

The median mortgage debt is $38,799.

Additional Statistics for Single Family Homes and Condos in Franklinton, LA
$169,000
Median Listing Price
73
Median Days on Market
43
Active Listings
7.0%
Distressed Listings
(foreclosures and short sales)
Franklinton, LA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Franklinton is $169,000. The list prices increased by 27.59% from the previous month.

The price per square foot for listings in this area is $85.

The median sale price in January for single family homes is $127,500. The sale prices increased by 70% from the previous month.

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Franklinton, LA Market Inventory Trends

The number of active listings in Franklinton dropped by 14% from the previous month.

The median number of days active properties have been listed is 73. This is significantly shorter than the national average.

The number of sales in January dropped by 66.7% from the previous month.

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Franklinton, LA Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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