The story of this market
The typical home in ZIP 65274 sells for about $196,174, or $118 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $681 a month.
ZIP 65274 — New Franklin
The housing market in 65274 is characterized by low inventory and modest price growth, reflecting a stable but slow-moving rural market. High vacancy rates and limited sales volume suggest a cautious environment for investors, while affordability remains a key driver for local buyers.
This ZIP is best suited for families and individuals seeking a quiet, rural-suburban lifestyle with affordability, provided they are comfortable with a commute to larger employment hubs.
Median prices moved up 2.4% year over year.
Homes spend a median of 84 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.4% · poverty 11.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 65274, Howard County MO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools serving New Franklin are generally rated as average within the regional context of Howard County.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional flooding near the Missouri River basin.
Economic momentum is modest, driven primarily by local agriculture, small business, and proximity to Columbia, MO for employment.
Property taxes are assessed at the county level by Howard County, with rates determined by local school district and municipal levies.
Residents primarily commute by car to Columbia or Boonville; public transit options are not available.
The area features access to the Katy Trail State Park for hiking and biking, along with local community parks and proximity to the Missouri River.
The rental market is characterized by low inventory and high vacancy rates, with limited new multi-family development.
The economy is largely supported by agriculture, local government, and service-sector jobs, with many residents commuting to the nearby Columbia metro area.
Transportation is entirely car-dependent, relying on state highways for regional access.
There are no major large-scale commercial or residential developments currently under construction in the ZIP.
Parcels are subject to Howard County property taxes and the New Franklin R-I School District levies.
Property insurance premiums are stable but reflect regional exposure to severe weather events.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Level Up Entertainment4.316.8 mi
- Breakout CoMo4.819.3 mi
- Mizzou Arena4.619.5 mi
- Faurot Field at Memorial Stadium4.719.5 mi
- Midway Golf & Games4.614.5 mi
- The Blue Note4.519.4 mi
- Hearnes Center4.419.6 mi
- Warm Springs Ranch4.97.1 mi
- The A-Frame Winegarden on The Blufftop at Rocheport4.47.6 mi
- Katy Trail - Rocheport Trailhead4.87 mi
- The Peach Tree Farm4.77 mi
- Big Muddy National Fish And Wildlife Refuge4.35.7 mi
- Museum of Art and Archaeology4.719.6 mi
- The State Historical Society of Missouri Center for Missouri Studies4.819.3 mi
- Missouri United Methodist Church4.719.5 mi
- The Columns4.819.5 mi
- J Huston Tavern4.414.7 mi
- Katy Trail - Rocheport Trailhead4.87 mi
- Katy Trail - Boonville Trailhead4.74.9 mi
- Katy Trail - Rocheport Tunnel4.96.5 mi
- Big Muddy National Fish And Wildlife Refuge4.35.7 mi
- Rolling Hills Park4.75.7 mi
- Hail Ridge Golf Club45.5 mi
- Columbia Regional Airport3.828.3 mi
- Emperor's Shuttle and Taxi Service4.719.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional trail for hiking and cycling that runs through the area.
Local community space for recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.