34Alpha

Franklin Parish, LA Housing Market Brief

county · LA · as of August 2026

Buyer'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%
+11.073
Inventory Health25%
-11.740
Affordability20%
-3.513
Economic Strength20%
25
Rental Yield15%
-3.615

Where is Franklin Parish, LA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Franklin Parish, LA is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Franklin Parish, LA housing market data

MetricValueYoY
Median Sale Price$288K▲ +94.7%
Median Days on Market84 days▲ +90.9%
Months of Supply5.7▲ +62.9%
Homes for Sale29▲ +20.8%
Homes Sold5-28.6%
Median Price / Sq Ft$142▲ +77.1%

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

Now: 34
12-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 August 2026, Franklin Parish, LA is classified as a Buyer's Market, based on its Alpha Score of 34 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 $288K, having risen 94.7% over the past year.

How affordable is Franklin Parish, LA?

Franklin Parish, LA scores 13 out of 100 on affordability — relatively unaffordable 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 (73/100) and its weakest is Affordability (13/100). 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.