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FRANKLIN, LA 70538

Real Estate Market Report  ·  St. Mary County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
44
⇧ 18.9% vs 37 last year
Pending
3
7% pending ratio
Median Price
$159,000
⇩ 15.9% vs $188,950 last year
Average Price
$234,569
⇩ 12.3% vs $267,548 last year
Days on Market
109
⇩ 20.4% vs 137 days last year

Market Context

Population: 13,342  ·  Density: 22.4/mi²  ·  Median household income: $47,174

Typical home value: $103,739  ·  Homeownership: 73.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FRANKLIN, LA real estate market (70538) currently shows 44 active listings, with 3 pending sales. Homes are averaging 109 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 109 days on market compared to 137 days last year.

The median listing price has fallen 15.9% year-over-year, from $188,950 to $159,000.

Whether you are buying or selling in FRANKLIN, LA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 44 this year vs 37 last year
  • Days on market: 109 now vs 137 last year

Median & Average Pricing

Year over Year
  • Median: $159,000 (-15.9% YoY)
  • Average: $234,569 (-12.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 40.1 miles — 713 listings ($271,913,365 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
70538Franklin, LA 705380.0 mi44$10,321,036$159,000$234,569
70523Charenton, LA 705239.2 mi1$92,000$92,000$92,000
70392Patterson, LA 7039213.5 mi19$5,481,253$189,000$288,487
70563New Iberia, LA 7056322.7 mi82$23,198,702$226,000$282,911
70560New Iberia, LA 7056023.8 mi96$18,008,352$139,750$187,587
70339Pierre Part, LA 7033925.1 mi16$7,150,800$387,000$446,925
70533Erath, LA 7053331.7 mi15$2,889,255$155,000$192,617
70519Cade, LA 7051932.2 mi1$359,000$359,000$359,000
70372Labadieville, LA 7037233.2 mi7$1,071,000$147,500$153,000
70788White Castle, LA 7078834.8 mi7$1,303,519$134,950$186,217
70518Broussard, LA 7051835.8 mi118$60,657,074$371,000$514,043
70592Youngsville, LA 7059236.7 mi292$138,443,624$359,195$474,122
70346Donaldsonville, LA 7034640.1 mi15$2,937,750$188,750$195,850

Frequently Asked Questions

How many homes are for sale in FRANKLIN, LA 70538?

As of January 2026, there are 44 active listings in FRANKLIN, LA (zip code 70538), compared to 37 the prior year.

What is the median home price in FRANKLIN, LA 70538?

The median listing price in FRANKLIN, LA 70538 is $159,000 as of January 2026, a 15.9% decrease from $188,950 the prior year.

How long do homes stay on the market in FRANKLIN, LA?

Homes in FRANKLIN, LA 70538 spend an average of 109 days on the market before going under contract, compared to 137 days the prior year.

Is it a seller's or buyer's market in FRANKLIN, LA 70538?

Based on current inventory and days-on-market data as of January 2026, FRANKLIN, LA 70538 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 109 days on market compared to 137 days last year.

How much can I save on real estate commission in FRANKLIN, LA?

With SELL123.com's maximum 3% commission, sellers in FRANKLIN, LA 70538 save an estimated $3,180 compared to a typical 5% commission on the median listing price of $159,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.