Zip 70538 (Franklin, LA) Housing

The median housing value in 70538 Franklin, LA is $91,500, significantly lower than the national median of $338,100. However, the house appreciation in 70538 Franklin has seen a higher increase rate than the national one year house appreciation rate over the past year, totaling 9.19%. This means that although it may be more affordable to purchase a home in 70538 Franklin compared to other parts of the country, buyers can still expect their investment to reap rewards through increasing market value.

The median home cost in Franklin (zip 70538) is $91,500. Home appreciation the last 10 years has been 40.3%. Home Appreciation in Franklin (zip 70538) is up 12.5%.

Average Age of Homes

- The median age of Franklin (zip 70538) real estate is 44 years old

The Rental Market in Franklin (zip 70538)

- Renters make up 25.8% of the Franklin (zip 70538) population
- 3.8% of houses and apartments in Franklin (zip 70538), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Franklin, Louisiana	United States
	6,280.0	139,647,020.0
	46	42
	$91,500	$338,100
	12.5%	16.6%
	28.4%	57.0%
	40.3%	101.1%
	$4.72	$10.98
	$434	$2,690
	55.0%	57.4%
	22.2%	11.2%
	22.9%	31.4%
Vacant Housing
	3.8%	1.9%
	0.0%	0.4%
	2.2%	0.7%
	0.3%	0.4%
	6.6%	3.6%
	9.3%	4.1%
Value of Owner-Occupied Housing
	11.1%	2.6%
	7.9%	2.4%
	8.4%	2.8%
	14.1%	3.9%
	15.8%	4.5%
	13.3%	11.3%
	8.6%	13.0%
	15.0%	20.1%
	2.7%	13.6%
	1.9%	8.3%
	1.0%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	15.2%	13.6%
	11.4%	13.2%
	23.6%	14.8%
	15.2%	13.6%
	15.5%	10.0%
	5.7%	4.7%
	6.6%	12.2%

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