New Franklin, MO Real Estate

According to census data in the year 2000 there were 519 housing units in New Franklin. This represents a 3.4% growth from 502 in 1990.

Of those housing units, 451 were located in either urbanized areas or urban clusters, and 68 were located in what is classified as a rural area.

Homeownership rate in New Franklin is about 68%. New Franklin's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.34 people.

The majority of houses, apartments or condos in New Franklin were built after 1961.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom16.40%
Two Bedrooms34.50%
Three Bedrooms37.40%
Four Bedrooms8.90%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1954
Median Value of occupied units$57,900
Median Price asked for vacant units$21,300

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1973
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage2.90%
Home Equity Loan0.70%
Simple Mortgage53.80%
Debt Free41.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%