Frankfort, South Dakota is a small town with an impressive median home value of $113,300. This is considerably lower than the US House Median Value of $338,100. Despite this difference in house values, the one year appreciation rate of 14.45% in Frankfort is higher than the US national average of 8.27%. This makes Frankfort an attractive option for potential homeowners looking for a good deal on a home. With its low housing rates and high appreciation rate, Frankfort is quickly becoming a popular destination for those looking to buy or invest in property.
The median home cost in Frankfort is $113,300. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Frankfort is up 17.2%.
Average Age of Homes
- The median age of Frankfort real estate is 78 years old
The Rental Market in Frankfort
- Renters make up 3.8% 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.