Frankfort, OH has an impressive housing market with a median value of $180,700. Compared to the national median value of $338,100, Frankfort is a relatively affordable option for potential homebuyers. The US has seen an 8.27% increase in house value over the past year, whereas Frankfort has seen an even more impressive 11.89% appreciation rate over the same period. This strong growth in the housing market makes it an attractive place to buy or invest in real estate.
The median home cost in Frankfort is $180,700. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Frankfort is up 13.7%.
Average Age of Homes
- The median age of Frankfort real estate is 39 years old
The Rental Market in Frankfort
- Renters make up 26.6% of the Frankfort population
- 1.7% 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.