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New Franklin, MO

Full City Profile · Missouri

3.8 /5.0
B+ Good
1,015 Population 763/sq mi density
$53,056 Median Income $29,344 per capita
$117,700 Home Value $193,497 Zillow
$680 Median Rent 23.8% income on rent
54°F Avg Temperature 265 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$53,056 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$117,700 home value, $680/mo rent
C+
Education
2.8 / 5.0
22.4% bachelor's degree or higher

Housing Overview

Median Home Value
$117,700
58% below
US avg: $281,900
Median Rent
$680/mo
42% below
US avg: $1,163/mo
Homeownership Rate
62.2%
5% below US avg (65.4%)
Total Housing Units
445
Median year built: 1960

Home Value by Source

Census Median
$117,700
Zillow (ZHVI)
$193,497
Median Sale Price
$97,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.2%
Owner-Occupied
37.8%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$732/mo
1 Bedroom
$775/mo
2 Bedroom
$970/mo
3 Bedroom
$1,265/mo
4 Bedroom
$1,457/mo
Census median rent: $680/mo

Market Indicators (Redfin)

Median Days on Market
13 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$71
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
62.2%

Complete Housing Data

Home Values

Census Median Value$117,700
Zillow Home Value (ZHVI)$193,497
Median Sale Price$97,000
Price Per Sq Ft$71

Rent

Census Median Rent$680
FMR Studio$732
FMR 1-Bedroom$775
FMR 2-Bedroom$970
FMR 3-Bedroom$1,265
FMR 4-Bedroom$1,457

Market

Days on Market13
Sale-to-List Ratio0.0%
Price Drops0.0%
Homes Sold2
Active Inventory3
Price Per Sq Ft$71

Ownership & Stock

Owner-Occupied62.2%
Renter-Occupied37.8%
Homeownership Rate62.2%
Total Housing Units445
Median Year Built1960
Rent Burden23.8%