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Featured local agent — New Franklin, MO
Sarah Mitchell
Compass Real Estate · New Franklin, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Franklin, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$142,250median sale price
How is the New Franklin, MO housing market right now?
The median home sale price in New Franklin, MO is $142,250, down 7.9% year-over-year. Homes sell in an average of 176 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Franklin a buyer's or seller's market?
New Franklin, MO is currently a seller's market, based on 1.0 months of supply and homes selling in about 176 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
176
Average pace
Active listings
2
1.0 months supply
Sale-to-list
—
Below asking
What does the New Franklin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $142,250 |
| Median list price | $179,500 |
| Year-over-year price change | -7.9% |
| Average days on market | 176 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Median price per sq ft | $101/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New Franklin by property type?
How the New Franklin, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $142,250 | $101/sq ft | 2 | 176 days |
Source: Redfin · Updated monthly
The New Franklin housing market is currently classified as a seller's market with a median sale price of $142,250. Prices have fallen 7.9% compared to last year, with homes spending an average of 176 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in New Franklin
There are currently 2 homes listed for sale in New Franklin, Missouri. The median listing price is $180K.
Active listings
2
Homes on market
Median list price
$180K
Avg. days on market
176
Days until sale
New this week
3
Newly listed
Who lives in New Franklin?
Population
1,015
Median income
$53,056/yr
Median age
41.2 years
Owner-occupied
62.2%
College grads
22.4%
Avg commute
36.7 min
Source: U.S. Census Bureau ACS
What are homes worth in New Franklin?
Zillow home value
$201,023
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in New Franklin?
New Franklin is a community of approximately 1K residents with a median age of 41.2 years.The median household income is $53,056, which represents a working-class community with solid middle-income opportunities. 22.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.2%, showing a blend of owner and renter-occupied properties. The average commute time is 36.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Franklin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Franklin?
2 schools tracked · 393 students
The largest public schools serving New Franklin, MO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
New Franklin Middle-High
Grades 6-12 · 209 students
New Franklin Elementary
Grades PK-5 · 184 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Franklin, MO?
Want a head-to-head view? Compare New Franklin side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Franklin?
The median home sale price in New Franklin is $142,250, down 7.9% from last year.
How long do homes stay on market in New Franklin?
Homes typically spend 176 days on market before going under contract.
What is the median income in New Franklin?
The median household income is $53,056 per year.
Is New Franklin a buyer's or seller's market?
With 1.0 months of supply, New Franklin is currently a seller's market.
What is the Zillow home value estimate for New Franklin?
The Zillow Home Value Index (ZHVI) for New Franklin is $201,023, representing the typical home value in the area.
How much does a single-family home cost in New Franklin?
The median single-family home price in New Franklin, MO is $142,250 (about $101 per square foot).
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