New Franklin, MO Foreclosures
How much do homes sell for in New Franklin, MO?
The average home price is currently $198,030.
In New Franklin, MO, how many homes are available?
There are currently 6 active home listings available in New Franklin.
What’s the average rental cost in New Franklin, MO?
The average rental price in New Franklin is $969.
What is the most expensive home in New Franklin?
The most expensive home sold in New Franklin had a price of $790,000.
What is currently the cheapest priced home in New Franklin, MO?
The cheapest home for sale in New Franklin is priced at $28,912.
Living in New Franklin, MO
New Franklin, Missouri, is a charming small town located in Howard County. Known for its scenic landscapes and friendly atmosphere, it offers a peaceful lifestyle for families and individuals alike. The community boasts excellent local amenities and has a rich history, making it an appealing place to call home.
Current Market Conditions in New Franklin, MO
New Franklin's real estate market remains stable, with a steady demand for homes due to its attractive lifestyle. The town experiences a balanced mix of home buyers and renters, making it an appealing location for various types of residents. The growing trend of remote work has attracted new families looking for space and a quieter lifestyle away from congested urban centers.
As more people discover the benefits of living in smaller towns, New Franklin's market is poised for gradual growth. Prices in the area are competitive, especially compared to larger neighboring cities, attracting those interested in investing in real estate or purchasing their first home.
Home Value Estimator For New Franklin, MO
There are currently 584 real estate properties
in New Franklin, MO,
with a median automated valuation model (AVM) price
of $158,759.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New 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 New Franklin, MO,
is $198,030.00, with the most expensive house
in New Franklin, MO, topping out
at $790,000.00 and the cheapest home
in New Franklin, MO,
clocking in at $28,912.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Franklin, MO!
Rent Prices
In New Franklin, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Franklin, MO, is on
a rollercoaster ride. The
average rent price in New Franklin, MO,
is $969.00. Indeed, when looking to rent in
New Franklin, MO, you can expect to pay as little
as $600.00 or as much
as $1,820.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in New 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.
Learn more on Foreclosure homes
