foreclosure.com

Foreclosure Homes in Franklin, LA

Search within map
11 Sterling-rd-Franklin-LA-70538
Foreclosure
$19,900 List Price

Sterling Rd
Franklin, LA 70538

3 Bed | 2 Bath

Walnut-st-Franklin-LA-70538
Foreclosure
$5,450 List Price

Walnut St
Franklin, LA 70538

Carl-c-foulcard-dr-Franklin-LA-70538
Foreclosure
$5,450 List Price

Carl C Foulcard Dr
Franklin, LA 70538

Highway-182-Franklin-LA-70538
Foreclosure
$5,450 List Price

Highway 182
Franklin, LA 70538

Carl-c-foulcard-dr-Franklin-LA-70538
Foreclosure
$5,450 List Price

Carl C Foulcard Dr
Franklin, LA 70538

Velma-st-Baldwin-LA-70538
Foreclosure
$5,450 List Price

Velma St
Baldwin, LA 70538

8 Freetown-rd-Franklin-LA-70538
Foreclosure
$23,900 List Price

Freetown Rd
Franklin, LA 70538

Talbot-st-Franklin-LA-70538
Foreclosure
$7,631 List Price

Talbot St
Franklin, LA 70538

Saint-john-st-Franklin-LA-70538
Foreclosure
$5,450 List Price

Saint John St
Franklin, LA 70538

Morris-st-Franklin-LA-70538
Foreclosure
$6,250 List Price

Morris St
Franklin, LA 70538

Displaying 1 - 10 of 227

Home Value Estimator For Franklin, LA

There are currently 166 real estate properties in Franklin, LA, with a median automated valuation model (AVM) price of $139,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, LA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, LA, is $173,584.00, with the most expensive house in Franklin, LA, topping out at $674,400.00 and the cheapest home in Franklin, LA, clocking in at $19,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, LA!


Rent Prices In Franklin, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, LA, is on a rollercoaster ride. The average rent price in Franklin, LA, is $1,201.00. Indeed, when looking to rent in Franklin, LA, you can expect to pay as little as $440.00 or as much as $2,230.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Franklin, LA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Franklin, LA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Franklin, LA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Franklin, LA and much more. Save thousands at closing with home foreclosure listings in Franklin, LA — up to 75% off market value!


Top Reasons To Live In Franklin, LA In 2021

Franklin is located in St. Mary, Louisiana, with an estimated municipal population of 6,709 residents. All of the best foreclosed homes for sale in Franklin are located in the following zip code areas on Foreclosure.com: 70538. The estimated population per square kilometer (.62 miles) in Franklin is 261.


Cost Of Living In Franklin, LA

So, about how much do homes cost in Franklin? The most recent median value of resident-owned homes in Franklin is 87,852. An estimated 51.8 percent of households in Franklin own their homes, with an average family size of 3.55. The median household income in Franklin is 40,094, with8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Franklin, the median commute time of resident workers (in minutes) is 19.1. And last, but certainly not least, are you looking for homes to rent in Franklin? If so, the average rent price paid by renters in Franklin is 744, according to recent statistics.


Diversity And Demographics In Franklin, Louisiana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Franklin, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Franklin is 40, split between 47.7 percent male versus 52.3 female. The percentage of residents who report being married in Franklin is 35, with an average family size of 3.55.

The percentage of residents who report their race in Franklin is as follows:

White 37.4%
Black / African American 59.2%
Asian 0%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.4%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Franklin? Or maybe you are searching for 55+ active adult communities in and/or near Franklin?

The percentage of residents who report their age in Franklin is as follows:

Under 10 12.2%
Aged 10-19 14.6%
20s 10.3%
30s 12.8%
40s 11.1%
50s 13%
60s 13.5%
70s 7.4%
80+ 4.8%

Best Schools In Franklin, Louisiana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Franklin with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Franklin.


Pros And Cons Of Living In Franklin, Louisiana

How do you know that living in -- or moving to -- Franklin is right where you need to be? Perhaps you grew up in Franklin or already live nearby; therefore, the decision to buy a home in Franklin is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Franklin for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Franklin:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Franklin.


Reasons To Move To Franklin, Louisiana, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Franklin can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Franklin, meanwhile, can field multiple offers from more qualified buyers.

Cancel

Listing types in Franklin, LA

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily!

Foreclosure.com Advantages

Many listings on Foreclosure.com are not found anywhere else. Save thousands on incredible foreclosure deals in Franklin, LA. Save up to 62% with deals in Franklin, LA.

Nearby Zip Codes

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch, Inc 1999-2021. All Rights Reserved.