New Franklin, Howard County, MO

Median Home Price Price

$192,796 $192.8K

Median Monthly Rent Rent

$803 $803

20.0x

Market Snapshot

New Franklin, Howard County, MO is a city market with a median home price of $192,796, a median monthly rent of $803, a GRM of 20.0x, and a price-to-rent ratio of 20.0.

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Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

New Franklin

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Delta
Median rent
$803
N/A
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Median price
$192,796
N/A
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YoY change
+$62
N/A
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Price-to-rent
20.0x
Data unavailable
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Key takeaways

  • New Franklin, Howard County, MO has a higher-grm screening profile: At 20.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $62 year over year.