Frankfort Springs, PA is a great place to live and has seen an increase in real estate values over the past year. The median housing value in Frankfort Springs currently stands at $150,900, which is considerably lower than the national median value of $338,100. Despite the lower housing costs when compared to other places in the country, Frankfort Springs has still experienced a 9.66% house appreciation rate over the past year which is higher than the 8.27% average across the nation. This shows that Frankfort Springs is an excellent investment option for those looking to purchase a home and begin building equity or for those who are looking to move into an affordable yet desirable area.
The median home cost in Frankfort Springs is $150,900. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Frankfort Springs is up 10.8%.
Average Age of Homes
- The median age of Frankfort Springs real estate is 52 years old
The Rental Market in Frankfort Springs
- Renters make up 8.7% of the Frankfort Springs population
- 0.0% of houses and apartments in Frankfort Springs, 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.