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
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 Market | 13 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 3 |
| Price Per Sq Ft | $71 |
Ownership & Stock
| Owner-Occupied | 62.2% |
| Renter-Occupied | 37.8% |
| Homeownership Rate | 62.2% |
| Total Housing Units | 445 |
| Median Year Built | 1960 |
| Rent Burden | 23.8% |
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