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New Franklin, OH
Full City Profile · Ohio · Stark County County
3.4
/5.0
B
Good
13,830
Population
553/sq mi density
$88,306
Median Income
$42,026 per capita
$196,600
Home Value
$266,550 Zillow
$1,101
Median Rent
24.8% income on rent
50°F
Avg Temperature
275 sunny days/yr
56
Violent Crime/100K
593 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$88,306 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$196,600 home value, $1,101/mo rent
F
Safety
1.0 / 5.0
56 violent crimes/100K
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher
Housing Overview
Median Home Value
$196,600
30% below
US avg: $281,900
Median Rent
$1,101/mo
5% below
US avg: $1,163/mo
Homeownership Rate
87.1%
33% above US avg (65.4%)
Total Housing Units
6,007
Median year built: 1962
Home Value by Source
Census Median
$196,600
Zillow (ZHVI)
$266,550
Median Sale Price
$220,000
Median List Price
$285,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.1%
Owner-Occupied
12.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$1,101/mo
Market Indicators (Redfin)
Median Days on Market
29 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
6
Price Drops
38.5%
of listings with price reduction
Price Per Sq Ft
$130
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
87.1%
Complete Housing Data
Home Values
| Census Median Value | $196,600 |
| Zillow Home Value (ZHVI) | $266,550 |
| Median Sale Price | $220,000 |
| Median List Price | $285,000 |
| Price Per Sq Ft | $130 |
Rent
| Census Median Rent | $1,101 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 29 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 38.5% |
| Homes Sold | 6 |
| Active Inventory | 13 |
| Price Per Sq Ft | $130 |
Ownership & Stock
| Owner-Occupied | 87.1% |
| Renter-Occupied | 12.9% |
| Homeownership Rate | 87.1% |
| Total Housing Units | 6,007 |
| Median Year Built | 1962 |
| Rent Burden | 24.8% |