Frankford, NJ is a great place to invest in property due to its high median housing value of $456,100. This is substantially higher than the US median home value of $338,100, and the appreciation rate of 10.13% in the last year is even more impressive compared to the US 1 year house appreciation rate of 8.27%. Frankford is an attractive option for those looking for a safe investment opportunity with potential for significant returns.
The median home cost in Frankford is $456,100. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Frankford is up 14.2%.
Average Age of Homes
- The median age of Frankford real estate is 45 years old
The Rental Market in Frankford
- Renters make up 10.1% of the Frankford population
- 0.8% 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.