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
| Value | Franklin Township | Grundy County | Missouri | United States |
|---|---|---|---|---|
| Less than $50,000 | 37.2% (±10.9 points) | 14.8% | 6.8% | 5.3% |
| $50,000 to $99,999 | 18.2% (±9.7 points) | 29.7% | 9.1% | 6.1% |
| $100,000 to $149,999 | 14.2% (±12.0 points) | 17.0% | 11.3% | 6.8% |
| $150,000 to $199,999 | 9.5% (±6.7 points) | 13.2% | 14.4% | 9.0% |
| $200,000 to $299,999 | 6.1% (±4.9 points) | 10.9% | 24.1% | 17.8% |
| $300,000 to $499,999 | 11.5% (±10.5 points) | 10.1% | 23.6% | 26.9% |
| $500,000 to $999,999 | 3.4% (±3.7 points) | 2.5% | 9.1% | 20.9% |
| $1,000,000 or more | 0.0% (±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
| Franklin Township | Grundy County | Missouri | United States | |
|---|---|---|---|---|
| Median home value | $76,700 (±$37,099) | $112,500 (±$10,773) | $230,300 (±$880) | $332,700 |
| Owner-occupied homes | 148 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Franklin Township | — | $76,700 (±$37,099) | — |
| Spickard | 0.7 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 |
| Tindall | 5.5 mi | $67,100 (±$16,764) | Not measurably different |
| Washington Township (Grundy County) | 6.2 mi | $237,500 (±$27,384) | Higher |
| Myers Township | 7.8 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
| Rank | Place | Median home value |
|---|---|---|
| 8 | Liberty Township (Grundy County) | $128,600 (±$28,507) |
| 9 | Trenton Township | $102,900 (±$10,970) |
| 10 | Trenton | $99,500 (±$9,325) |
| 11 | Taylor Township | $95,000 (±$79,135) |
| 12 | Laredo | $78,300 (±$42,433) |
| 13 | Madison Township (Grundy County) | $77,200 (±$2,886) |
| 14 | Franklin Township | $76,700 (±$37,099) |
| 15 | Brimson | $69,000 (±$32,734) |
| 16 | Tindall | $67,100 (±$16,764) |
| 17 | Galt | $60,000 (±$30,787) |
| 18 | Spickard | $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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Grundy County, Missouri
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin township, Grundy County, Missouri
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Franklin township, Grundy County, Missouri
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Franklin township, Grundy County, Missouri
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in Franklin Township at a glance
- Income and affordability in Franklin Township
- Property taxes in Franklin Township
- Types of homes in Franklin Township
- Bedrooms in Franklin Township
- Age of homes in Franklin Township
- Heating fuel in Franklin Township
- Commute and cars in Franklin Township
- Missouri landlord and tenant rules
- Housing across Grundy County
- Missouri places ranked by median home value
- Housing data for every place in Missouri