Franklin County Real Estate Market Update as of 2025-01-06

By Dennis Norman, on January 6th, 2025

The real estate market in Franklin County, Missouri continues to show strong growth as we enter the new year. According to the latest data from MORE, REALTORS®, homes in the Franklin County area sold for a median price of $255,000 in December 2024. This represents a 10.87% increase from December 2023, when the median sold price was $230,000. Furthermore, last month’s median sold price of $255,000 also saw a 7.94% increase from November 2024, when the median sold price was $236,250.

The median list price in Franklin County also saw a significant increase, reaching $275,000 in December 2024. This is a 19.59% increase from the median list price of $229,950 in December 2023. However, despite these rising prices, there were 69 home sales in Franklin County in December 2024, which is a slight decrease of 6.76% from 74 sales in December 2023.

As seen in the chart below, exclusively available from MORE, REALTORS®, the Franklin County real estate market has been steadily increasing over the past year. This is great news for both buyers and sellers, as it indicates a strong and stable market. If you’re looking to buy or sell a home in Franklin County, now is a great time to do so. Contact MORE, REALTORS® for expert guidance and assistance with all your real estate needs.

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