52Alpha

Franklin Parish, LA Housing Market Brief

county · LA · as of May 2026

Balanced

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%
-11.362
Inventory Health25%
+16.553
Affordability20%
58
Economic Strength20%
-2.235
Rental Yield15%
55

Where is Franklin Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Franklin Parish, LA housing market data

MetricValueYoY
Median Sale Price$270K▲ +78.2%
Median Days on Market19 days-88.6%
Months of Supply15.0▲ +341.2%
Homes for Sale30▲ +11.1%
Homes Sold2-75%
Median Price / Sq Ft$131▲ +50.4%
Sale-to-List Ratio80.1%-16.1%

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

Now: 52
3-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?

As of May 2026, Franklin Parish, LA is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, inventory, 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 $270K, having risen 78.2% over the past year.

How affordable is Franklin Parish, LA?

Franklin Parish, LA scores 58 out of 100 on affordability — moderately 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 (62/100) and its weakest is Economic Strength (35/100). 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.