Housing in New Franklin, OH

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$250,000

Median List Price

$254,949

Price Per Sq Ft

$199

Days on Market

100

Active Inventory

12

Months of Supply

1.7

Seller's market

Price Trends

Source: Redfin
Sale Price 0.4%List Price 15.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

14.3%

Off Market in 2 Weeks

37.5%

Sale-to-List Ratio

96.1%

Buyer's market

Sold Above Asking
14.3%
Under Contract in 2 Wks
37.5%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

10

Pending Sales

8

Homes Sold 50.0%New Listings 33.3%Pending 46.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$199

Median List $/SF

$167

Sale $/SF 25.9%List $/SF 14.8%Mar 24Jan 26

New Franklin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 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

$196,600

Median Rent

$1,101

Total Housing Units

5,912

Vacancy Rate

4.2%

Owner Occupied

87.1%

Renter Occupied

12.9%

Median Property Tax

$3,158

per year

Monthly Cost (w/ Mortgage)

$1,052

Housing Types

Single Family
91.7%
Multi-Family
5.1%
Mobile Home
3.2%

The current median sale price in New Franklin, OH is $250,000 according to Redfin data. Homes spend a median of 100 days on the market. 14.3% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $199. The median rent is $1,101 per month (Census ACS). About 87.1% of housing units are owner-occupied. The median year homes were built is 1962. There are 5,912 total housing units.