Frankford, DE is a great place to buy a home. The median housing value for the area is $397,900, which is much higher than the national median value of $338,100. Over the last year, the appreciation rate for houses in Frankford has been 11.37%, which is higher than the national 1 year appreciation rate of 8.27%. This suggests that real estate in Frankford is more valuable and potentially a good investment.
The median home cost in Frankford is $397,900. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Frankford is up 17.3%.
Average Age of Homes
- The median age of Frankford real estate is 51 years old
The Rental Market in Frankford
- Renters make up 29.5% of the Frankford population
- 2.7% of houses and apartments in Frankford, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.