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Short Sale Listings in Franklin, MO

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Franklin, MO Foreclosures

Current Market Conditions in in Franklin, MO As of February 2026?
In the past month, Franklin's real estate market has gradually shifted towards a more favorable climate for sellers. With a few new listings hitting the market, competition remains high. While inventory remains limited, houses that are well-maintained and priced appropriately tend to sell quickly. Buyers are advised to act swiftly, as desirable properties often receive multiple offers, driving prices slightly higher than previous months.
How much do homes sell for in Franklin, MO?
The average home price is currently $263,302.
In Franklin, MO, how many homes are available?
There are currently 1 active home listings available in Franklin.
What’s the average rental cost in Franklin, MO?
The average rental price in Franklin is $1,037.
What is the most expensive home in Franklin?
The most expensive home sold in Franklin had a price of $1,112,629.
What is currently the cheapest priced home in Franklin, MO?
The cheapest home for sale in Franklin is priced at $48,544.

Living in Franklin, MO

Franklin, MO offers a blend of small-town charm and community spirit that makes it a great place to live. Surrounded by natural beauty, residents have access to outdoor activities and local events that foster a sense of community. The area features a variety of schools, parks, and small businesses, providing essential services and experiences for residents.

Buyer vs Seller Market in Franklin, MO

The real estate market in Franklin, MO is currently experiencing a steady growth trend due to increasing interest in suburban living. Homes are selling at a moderate pace, and inventory levels are stabilized, leading to a balanced market where buyers and sellers can find common ground. Prices have seen a slight increase compared to last year, reflecting the demand for housing in the area.

In recent months, the market has attracted attention from first-time homebuyers and families looking for affordable options away from larger urban centers. The appeal of rural living combined with the convenience of nearby services contributes to the growing attractiveness of Franklin.

Home Value Estimator For Franklin, MO

There are currently 236 real estate properties in Franklin, MO, with a median automated valuation model (AVM) price of $198,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Franklin, MO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Franklin, MO, is $263,302.00, with the most expensive house in Franklin, MO, topping out at $1,112,629.00 and the cheapest home in Franklin, MO, clocking in at $48,544.00. In other words, there’s something for every potential homebuyer or savvy investor in Franklin, MO!

Rent Prices In Franklin, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Franklin, MO, is on a rollercoaster ride. The average rent price in Franklin, MO, is $1,037.00. Indeed, when looking to rent in Franklin, MO, you can expect to pay as little as $540.00 or as much as $1,970.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Franklin, MO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Franklin, MO Short Sale Listings

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