Frankfort, ME has an impressive median value of $235,100 for housing, which is significantly lower than the US House Median Value of $338,100. This is great news for potential buyers looking to purchase a home in this area. Furthermore, the 1 year house appreciation in Frankfort is also higher than the national average at 15.28%, which shows that this market is very healthy and could be a great investment for homeowners. With such a strong housing market in Frankfort, ME it's no wonder people are flocking to buy homes here.
The median home cost in Frankfort is $235,100. Home appreciation the last 10 years has been 79.9%. Home Appreciation in Frankfort is up 19.0%.
Average Age of Homes
- The median age of Frankfort real estate is 30 years old
The Rental Market in Frankfort
- Renters make up 13.9% of the Frankfort population
- 0.0% of houses and apartments in Frankfort, 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.