Franklin Parish, LA
Land Market Insights and Pricing in Franklin Parish, Louisiana
On average, land listings in Franklin Parish, LA have a lot size of 176 acres and are priced around $1,406,925. The median price per acre in Franklin Parish, LA is $4,663.
Market Trends
Properties for Sale
48
Total Acreage for Sale
5,462 ac
Median Lot Size
87 ac
Average Lot Size
176.2 ac
Median List Price
$475,000
Average List Price
$1,406,925
Median Price Per Acre
$4,663 / ac
Total Price Reductions
—
Median Days on Market
204 days
Average Days on Market
1,226 days
Land for Sale in Franklin Parish,
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About Franklin Parish, LA
Franklin Parish, Louisiana, offers a landscape shaped by the Mississippi Alluvial Plain, with the meandering Boeuf River defining its western and northeastern borders. The parish's 625 square miles of predominantly flat terrain features rich, fertile soil ideal for agriculture, interspersed with bottomland hardwood forests and wetlands. Part of the Tensas River National Wildlife Refuge lies within Franklin, providing opportunities for conservation and eco-tourism. Well-connected by U.S. Highway 425 and several state highways, the parish benefits from its proximity to Interstate 20. While the area faces economic challenges, with a high unemployment rate of 9.8% and a poverty rate of 19%, it boasts an attractive 0.32% property tax rate, significantly below the national average. The annual Catfish Festival, drawing up to 20,000 visitors, highlights potential for tourism-related land development in this agriculturally-rich region.
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