New Franklin Housing Market Report March 2025•Howard County, Missouri

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Housing Prices in New Franklin, MO

How much do homes in New Franklin, MO cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$229,900$148/SqFt
+$54,950
+31.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in New Franklin has increased by 31.4% since last year.

Summary: The median home list price in New Franklin was $229,900 in March 2025, up 31.4% from the previous year, and the median price per square foot was $148.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Franklin Township
+33.1%
New Franklin
+31.4%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$90K-
N/A
2-$184.4K
N/A
3$237.5K$297K
+25.1%
4$200K$149.9K
-25.1%
5-$749K
N/A

Summary: New Franklin housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +25.1%. The home price for 4 bedroom homes decreased by -25.1%. The home price for 5 bedroom homes did not change.

How does New Franklin, MO compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

New Franklin, MO

Housing supply in New Franklin, MO

How many homes are available in New Franklin, MO?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthMar 2025
12 months agoFeb 2025
+100.0 %
Change MoMFeb – Mar

Summary: The New Franklin real estate market had 2 homes for sale in Mar 2025, a 100.0 % increase compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
200
0.0%
311
0.0%
400
0.0%
501
+100.0%

Summary: New Franklin housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in New Franklin, MO cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in New Franklin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in New Franklin in March 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for New Franklin, MO

How long does it take to sell a home in New Franklin, MO?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in New Franklin has remained consistent over time.

Summary: During March 2025, 1 homes were sold in New Franklin; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
55 DaysThis YearMar 2025
50 Days1 year agoMar 2024
+10.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in New Franklin had an average listing age of 55 days in Mar 2025, up by 10.0% compared to the previous year.

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Newest Listings in New Franklin, MO

What homes are available in New Franklin, MO?

New listings aren’t available for New Franklin, MO

Nearby markets

Nearby markets aren't available for New Franklin, MO

Popular Cities with Homes for Sale in Missouri

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