Frankfort, MI has an impressive median housing value of $401,400, which is significantly higher than the US House Median Value of $338,100. This is reflected in the 1 year house appreciation in Frankfort, MI which stands at 15.49%, much higher than the US 1 year House Appreciation of 8.27%. This indicates that housing in Frankfort, MI is a great investment and surely will continue to appreciate in value over time.
The median home cost in Frankfort is $401,400. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Frankfort is up 19.8%.
Average Age of Homes
- The median age of Frankfort real estate is 54 years old
The Rental Market in Frankfort
- Renters make up 22.3% of the Frankfort population
- 1.0% 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.