Franklinton, LA is an attractive housing market with a median house value of $165,300. This is much lower than the US median house value of $338,100. Additionally, the 1 year appreciation rate for houses in Franklinton is 11.36%, which is higher than the national average of 8.27%. This makes it a great place for potential buyers to invest in property as the local housing market shows strong signs of growth and appreciation.
The median home cost in Franklinton is $165,300. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Franklinton is up 14.5%.
Average Age of Homes
- The median age of Franklinton real estate is 40 years old
The Rental Market in Franklinton
- Renters make up 35.7% of the Franklinton population
- 1.4% of houses and apartments in Franklinton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.