Homes for Sale Under 400K in Franklin, LA

51 Homes for Sale

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Franklin, LA Housing Market Overview

Franklin is a balanced market, giving buyers and sellers room to negotiate. With 4 months of supply and homes averaging 159 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

159

Inventory

51

Aug 2021Jan 2024Mar 2026

Median Home Price

$173,500Up 1.17%

In Mar 2026 · YoY

Aug 2021Jan 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
51 Down 0.30%
Newly Listed Homes
2 Down 0.67%
Months of Supply
4 Down 3.70%

Housing Demand

Homes Sold
4 Down 0.00%
Sale-to-List Ratio
84.2% Down 10.77%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Franklin Market Report
  • mls-img
    Based on information from the Realtor® Association of Acadiana through Sep 12, 2026, 6:15 AM. All Information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026. Multiple Listing Service of the REALTOR® Association of Acadiana. All Rights Reserved.

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Franklin, LA Housing Marketlink qauare
Homes Available icon

51

Homes Available

Median List Price icon

$ 173,500

Median List Price

Avg on Market icon

159 Days

Avg on Market

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