Franklin County, Missouri Housing Market
In Franklin County, Missouri, the median home value is $227,600, with a median monthly rent of $893. This places Franklin County at #1102 nationally out of 3134 counties by median home value, and #17 within Missouri.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,039
- Establishments: 2,955
- BLS QCEW, 2025
Housing Supply
- Single-family: 458
- Multi-family: 336
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 44,652 (avg $77,674)
- Outflow: 42,938 (avg $77,987)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Franklin County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 63056 | 268.7 | — | 2025 |
| 2 | 63055 | 209.3 | +8.09% | 2025 |
| 3 | 63060 | 295.7 | — | 2025 |
| 4 | 63089 | 233.2 | +20.16% | 2025 |
| 5 | 63084 | 221.6 | +8.95% | 2025 |
| 6 | 63068 | 214.2 | +12.86% | 2025 |
| 7 | 63037 | 235.0 | +2.83% | 2025 |
| 8 | 63077 | 222.6 | +8.77% | 2025 |
| 9 | 63072 | 230.1 | -1.18% | 2025 |
| 10 | 63090 | 219.0 | +1.74% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Franklin County on Our Sister Sites
Get the complete picture for Franklin County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Franklin County Compares
| Metric | Franklin County | Missouri Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $227,600 | $175,712 | $227,706 |
| Median Gross Rent | $893 | $782 | $968 |
| Owner Occupancy Rate | 76.5% | 73.7% | 73.3% |
| Price/Rent Ratio | 21.2 | 18.8 | 18.7 |
Market Analysis
The median home value in Franklin County is 29.5% above the Missouri state average and about equal to the U.S. national average. The median rent of $893/month is 14.2% above the state average.
With a price-to-rent ratio of 21.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Franklin County has an owner-occupancy rate of 76.5%, compared to 73.7% in Missouri and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Wood County | Ohio | $227,600 | $972 |
| Allegheny County | Pennsylvania | $227,600 | $1,153 |
| Haralson County | Georgia | $227,500 | $923 |
| Monroe County | Tennessee | $227,500 | $714 |
| Hot Springs County | Wyoming | $227,500 | $887 |
Other Counties in Missouri
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Clinton County | $226,800 | $1,008 | 75.7% |
| Webster County | $228,800 | $789 | 77.4% |
| Cole County | $229,600 | $834 | 67.9% |
| Jackson County | $230,500 | $1,197 | 59.1% |
| Osage County | $223,300 | $639 | 79.4% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).