Is Franklin, MO 65250 a buyer’s or seller’s market?
Franklin is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Franklin housing market right now
In the three months ending August 31, 2026, 0% of homes in Franklin, MO 65250 sold above their list price and the typical home went under contract in 125 days. With only 2 sales, these figures can swing a lot from month to month.
Within Howard County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 65250
Nearby markets
Armstrong 65230Seller’s market $65 /sq ftFayette 65248Seller’s market $129 /sq ftGlasgow 65254Seller’s market $149 /sq ftNew Franklin 65274Seller’s market $139 /sq ft Browse all markets →Where Franklin is
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Questions about Franklin real estate
How fast do homes sell in Franklin?
The typical home went under contract in 125 days in the latest three months.
Do homes in Franklin sell over asking?
0% of homes sold above their original list price.
What are property taxes in Franklin?
About 0.77% of a home’s value a year in Howard County, or roughly $3,080 on a $400,000 home.
What is the median home price in Franklin?
The median sale price was $476,501 in the three months ending August 31, 2026, about $265 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology