Franklinton, LA—70438
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Franklinton, LA
As of Oct '25, the median home price in Franklinton, LA is $180,000, with a year-over-year change of 0.2%. This indicates that home prices in Franklinton, LA are flat. According to Zillow, the 1-year price projection is -4.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $180,000 | 0.2% |
| Single Family | $180,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $227,000 | 3.7% |
4 Bed | $304,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Franklinton, LA
As of July '25, Rentcast reports the average rent in Franklinton, LA is $1,010, with a year-over-year rent change of -29.4%. Per bedroom, the median rent as of July '25 in Franklinton, LA is 1-bedrooms: $425, 2-bedrooms: $1,250, 3-bedrooms: $1,350. The most common rental property sizes in Franklinton, LA are 3-bedroom and 2-bedroom, accounting for 49.4% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $425 | $425 |
| 2 Bed Rent | $1,250 | $1,250 |
| 3 Bed Rent | $1,350 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Franklinton, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Franklinton, LA is 94. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $272,000 | 0.0% |
Listing Count | 51 | -1.0% |
| Listings as % of Homes | 0.4% | -1.0% |
Days on Market | 94 | -5.0% |
Demographics — Franklinton, LA
As of the latest ACS Survey released in 2023, Franklinton, LA has a population of 19,900, which has increased by 4.9% over the past 5 years. Franklinton, LA is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 13.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | 4.9% |
% Under 18 | 22.0% | -3.9% |
% Seniors | 18.3% | 2.2% |
% WFH | 5.9% | 59.5% |
% w/ College Degree | 13.1% | 11.0% |
As of the latest ACS Survey released in 2023, Franklinton, LA is a predominantly white area, with 73.0% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Franklinton, LA is black, making up 22.3% of the population. Foreign-born residents account for 0.3% of the population in Franklinton, LA, and this percentage has decreased by 86.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.0% | 2.0% |
% Black | 22.3% | -5.5% |
% Hispanic | 2.0% | -28.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.3% | -86.4% |
Mortgage and Risk — Franklinton, LA
According to HUD data as of 2023, there were 241 mortgage originations in Franklinton, LA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Franklinton, LA. Investor activity is low, as 14.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 241 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 14.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Franklinton, LA
Franklinton, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 45 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $615 | $425 | $1,040 |
| 2 Bedroom | -$20 | $1,250 | $1,230 |
| 3 Bedroom | $230 | $1,350 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,840 |
Affordability — Franklinton, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $180,000 |
| Median Household Income | $50,700 |