Housing in New Franklin, MO

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$185,000

Median List Price

$248,000

Price Per Sq Ft

$132

Days on Market

4

Active Inventory

3

Months of Supply

3.0

Seller's market

Zillow Home Value

$196,250

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 7.5%List Price 215.1%Mar 24Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

100.0%

Sold Above Asking
0.0%
Under Contract in 2 Wks
100.0%
Listings with Price Drops
33.3%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

3

Pending Sales

1

Homes Sold 0.0%New Listings 50.0%Pending 50.0%Mar 24Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$132

Median List $/SF

$167

Sale $/SF 41.9%List $/SF 203.6%Mar 24Oct 25

New Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. New Franklin is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$117,700

Median Rent

$680

Total Housing Units

452

Vacancy Rate

16.8%

Owner Occupied

62.2%

Renter Occupied

37.8%

Median Property Tax

$1,075

per year

Monthly Cost (w/ Mortgage)

$686

Housing Types

Single Family
70.1%
Multi-Family
14.6%
Mobile Home
15.3%

The current median sale price in New Franklin, MO is $185,000 according to Redfin data. Homes spend a median of 4 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $132. The median rent is $680 per month (Census ACS). About 62.2% of housing units are owner-occupied. The median year homes were built is 1969. There are 452 total housing units.