60Alpha

Franklin Parish, LA Housing Market Brief

county · LA · score computed October 2026

Seller's

What is Franklin Parish, LA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●100
Inventory Health25%
●31

Population band 2 of 5 (population 9,816–20,389) · comparable within its band

Affordability20%
●75
Economic Strength20%
●25
Rental Yield15%
●84

Where is Franklin Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Franklin Parish, LA is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Franklin Parish, LA?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Franklin Parish, LA housing market data

MetricValueYoYSource
Median Sale Price$129K▼ -4.3%Redfin
Median Days on Market18 days▼ -83.2%Redfin
Months of Supply3.8▲ +26.7%Redfin
Homes for Sale28▲ +55.6%Redfin
Homes Sold7▲ +16.7%Redfin
Median Price / Sq Ft$76▲ +8.2%Redfin

How has Franklin Parish, LA’s Alpha Score moved?

Now: 60
2-period trend
Median sale price · 12 mo

Markets like Franklin Parish, LA

Frequently asked questions

Is Franklin Parish, LA a buyer's or seller's market?

In the scores computed October 2026, Franklin Parish, LA is classified as a Seller's Market, based on its Alpha Score of 60 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Franklin Parish, LA?

The median sale price in Franklin Parish, LA is $129K, having fallen 4.3% over the past year, according to Redfin.

How affordable is Franklin Parish, LA?

Franklin Parish, LA scores 75 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Franklin Parish, LA's Alpha Score?

Franklin Parish, LA's strongest dimension is Price Momentum (100/100) and its weakest is Economic Strength (25/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Franklin Parish, LA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.