What is the median home value in Franklin Township, MO?

The median value of owner-occupied homes in Franklin Township, MO is $76,700 (±$37,099), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Franklin Township, the median home value went from $53,500 in 2015–2019 to $76,700 in 2020–2024 (+43.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$76,700 (±$37,099)
Owner-occupied homes
148 (±48)
Most common range
Less than $50,000

Home values in Franklin Township

Owner-occupied homes by value, 2020–2024
ValueFranklin TownshipGrundy CountyMissouriUnited States
Less than $50,00037.2% (±10.9 points)14.8%6.8%5.3%
$50,000 to $99,99918.2% (±9.7 points)29.7%9.1%6.1%
$100,000 to $149,99914.2% (±12.0 points)17.0%11.3%6.8%
$150,000 to $199,9999.5% (±6.7 points)13.2%14.4%9.0%
$200,000 to $299,9996.1% (±4.9 points)10.9%24.1%17.8%
$300,000 to $499,99911.5% (±10.5 points)10.1%23.6%26.9%
$500,000 to $999,9993.4% (±3.7 points)2.5%9.1%20.9%
$1,000,000 or more0.0% (±20.9 points)1.7%1.6%7.1%

The most common range is Less than $50,000, 37.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Franklin Township against Grundy County, its state and the nation

Estimate (90% margin of error)
Franklin TownshipGrundy CountyMissouriUnited States
Median home value$76,700 (±$37,099)$112,500 (±$10,773)$230,300 (±$880)$332,700
Owner-occupied homes148 (±48)2,725 (±181)1,708,413 (±9,125)84,210,142

In Franklin Township, the median home value is not measurably different from Grundy County ($112,500).

It is also lower than in Missouri ($230,300).

It is lower than the national figure ($332,700).

In Grundy County, Franklin Township ranks 14 of 18 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 944 of 1,128.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Franklin Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$53,500 (±$36,243)$76,700 (±$37,099)+43.4%No measurable change after inflation
Median owner cost with a mortgage$833 (±$146)$1,194 (±$721)+43.3%No measurable change after inflation
Median real estate taxes$456 (±$231)$786 (±$204)+72.4%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Franklin Township

Nearest places with a published estimate, compared with Franklin Township
PlaceDistanceMedian home valueCompared with this place
Franklin Township—$76,700 (±$37,099)—
Spickard0.7 mi$32,100 (±$3,396)Lower
Lincoln Township (Grundy County)5.2 mi$201,100 (±$39,142)Higher
Washington Township (Mercer County)5.2 mi$225,000 (±$93,729)Higher
Tindall5.5 mi$67,100 (±$16,764)Not measurably different
Washington Township (Grundy County)6.2 mi$237,500 (±$27,384)Higher
Myers Township7.8 mi$175,000 (±$38,796)Higher
Madison Township (Mercer County)9.2 mi$196,700 (±$171,148)Not measurably different
Medicine Township (Mercer County)9.5 mi$94,200 (±$13,918)Not measurably different

Nearby places with a measurably lower figure: Spickard, MO ($32,100).

Nearby places with a measurably higher figure: Lincoln Township (Grundy County), MO ($201,100), Washington Township (Mercer County), MO ($225,000), Washington Township (Grundy County), MO ($237,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Grundy County, place by place

RankPlaceMedian home value
8Liberty Township (Grundy County)$128,600 (±$28,507)
9Trenton Township$102,900 (±$10,970)
10Trenton$99,500 (±$9,325)
11Taylor Township$95,000 (±$79,135)
12Laredo$78,300 (±$42,433)
13Madison Township (Grundy County)$77,200 (±$2,886)
14Franklin Township$76,700 (±$37,099)
15Brimson$69,000 (±$32,734)
16Tindall$67,100 (±$16,764)
17Galt$60,000 (±$30,787)
18Spickard$32,100 (±$3,396)

Showing 11 of 18 places in Grundy County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Franklin Township

What is the average home value in Franklin Township, MO?

The Census Bureau publishes the median: $76,700 (±$37,099) for owner-occupied homes in Franklin Township (2020–2024 American Community Survey).

Have home values in Franklin Township gone up?

In Franklin Township, the median home value went from $53,500 in 2015–2019 to $76,700 in 2020–2024 (+43.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Franklin Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin township, Grundy County, Missouri (county subdivision:25606, in state:29 county:079).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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