Is Franklinton, LA 70438 a buyer’s or seller’s market?
Franklinton is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 5% of U.S. ZIP codes, and #144 of 160 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Franklinton housing market right now
In the three months ending August 31, 2026, 6% of homes in Franklinton, LA 70438 sold above their list price, the typical home went under contract in 55 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold about as fast and the median sale price fell 30% to $163,429. Overall, Franklinton is less competitive than a year ago, which gives buyers more room.
On our competition score, Franklinton ranks #144 of 160 LA ZIP codes with enough sales (score 11 out of 100).
Nearby, Angie 70426 (33% sold over asking) and Bogalusa 70427 (9% sold over asking) are even more competitive.
Run the numbers for 70438
Nearby markets
Angie 70426Seller’s market $98 /sq ftBogalusa 70427Seller’s market $99 /sq ftMount Hermon 70450 — /sq ft Browse all markets →Towns like Franklinton nearby
Find towns like Franklinton in other states →Where Franklinton is
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Questions about Franklinton real estate
Is Franklinton a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Franklinton, LA 70438 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Franklinton?
The typical home went under contract in 55 days in the latest three months.
Do homes in Franklinton sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Franklinton?
About 0.33% of a home’s value a year in Washington Parish, or roughly $1,320 on a $400,000 home.
What is the median home price in Franklinton?
The median sale price was $163,429 in the three months ending August 31, 2026, about $126 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology