Home prices
The median home in New Franklin costs $92,500. It is roughly $25,740 (21%) lower in comparison to its surrounding areas.It is about $125,000 (57%) lower in comparison to the nation as a whole, and it is approximately $99,300 (51%) lower compared to the city of Columbia.
Rents
The median monthly rent in New Franklin is $458. Compared to its nearby areas it is approximately $336 (42%) lower.Compared to the country as a whole it is approximately $604 (56%) lower, and it is approximately $429 (48%) lower compared to the city of Columbia.
Nearby places
Boonville
Boonville is approximately 4 miles south of New Franklin. The real estate prices there are a little more expensive. The median home price in Boonville is $113,200, which is $20,700 (18%) higher than New Franklin. Its rents are substantially more expensive. Boonville's median monthly rent is $676, which comes out to $218 (32%) higher than New Franklin.
Windsor Place
Windsor Place is approximately 5 miles south from New Franklin. Housing prices there are substantially more expensive. The value of the median home in Windsor Place is $170,000, which comes out to $77,500 (45%) higher than New Franklin. Rents there are a lot more expensive. The median rent in Windsor Place is $925 a month, which is $467 (50%) higher than New Franklin.
Rocheport
Rocheport is approximately 8 miles east from New Franklin. Real estate prices there are substantially more expensive. The median home in Rocheport is valued at $165,000, which works out to $72,500 (43%) higher than New Franklin. The rent there is substantially more expensive. Rocheport's median monthly rent is $938, which comes out to $480 (51%) higher than New Franklin.
Fayette
Fayette is about 9 miles north from New Franklin. Housing prices there are similar. The value of the median home in Fayette is $94,700, which works out to $2,200 (2%) higher than New Franklin. The rent there is substantially more expensive. Fayette's median monthly rent is $758, which is $300 (39%) higher than New Franklin.
Blackwater
Blackwater is approximately 11 miles west of New Franklin. Its real estate prices are a lot less expensive. The median home in Blackwater is valued at $48,300, which is $44,200 (91%) lower than New Franklin. Rent there is substantially more expensive. The median monthly rent in Blackwater is $675, which is $217 (32%) higher than New Franklin.