Frankfort, NE is an affordable place to live. The median value of homes in the area is $237,500, which is significantly lower than the US median home value of $338,100. Despite this discrepancy in price, the housing market in Frankfort is still appreciating at a rate of 7.91%, just slightly below the national appreciation rate of 8.27%. This makes now a great time to invest in Frankfort real estate. With prices so low and appreciation rates steadily increasing, it is a perfect opportunity to buy or rent within this growing community.
The median home cost in Frankfort is $237,500. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Frankfort is up 16.3%.
Average Age of Homes
- The median age of Frankfort real estate is 52 years old
The Rental Market in Frankfort
- Renters make up 0.0% 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.