Commercial Real Estate Market in Franklin, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 36 off-market properties in Franklin, AR.
Market Trends
Franklin, AR spans 45.5 square miles in Izard County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Franklin, AR runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Franklin, AR runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Franklin, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Franklin, AR runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Franklin, AR has 2,909 residents in 1,433 households. Density runs 64 people per square mile. Median household income here is $45,091 and median gross rent $691 a month.
2,909
Population
1,433
Households
2
Avg Household Size
54
Median Age
20%
College-Educated
90%
High-School Grad
45.5 sq mi
ZIP Area
64
Density / Sq Mi
$45,091
Median Household Income
$27,979
Median Earnings
$691
Median Rent
$115,386
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Horseshoe Bend | — | — |
| Wiseman | — | — |
| Violet Hill | — | — |
| Glencoe | — | — |
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Franklin, AR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
