Frankfort Metro Area, KY Housing

Frankfort, KY Metro Area is a great place to live and invest in real estate. The median value of housing in the area is $204,600, which is significantly lower than the US median value of $338,100. Furthermore, the one-year appreciation rate for houses in the metro area is 13.54%, which is substantially higher than that of the US at 8.27%. This indicates that real estate investments in Frankfort are likely to be more profitable than elsewhere in the nation.

The median home cost in Frankfort Metro Area is $204,600. Home appreciation the last 10 years has been 67.0%. Home Appreciation in Frankfort Metro Area is up 17.5%.

Average Age of Homes

- The median age of Frankfort Metro Area real estate is 38 years old

The Rental Market in Frankfort Metro Area

- Renters make up 30.8% of the Frankfort Metro Area population
- 0.9% of houses and apartments in Frankfort Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Frankfort, Kentucky	United States
	33,844.0	139,647,020.0
	42	42
	$204,600	$338,100
	17.5%	16.6%
	51.3%	57.0%
	67.0%	101.1%
	$9.35	$10.98
	$1,494	$2,690
	62.3%	57.4%
	7.5%	11.2%
	30.3%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.5%	0.4%
	0.8%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	1.3%	2.4%
	2.7%	2.8%
	5.4%	3.9%
	7.9%	4.5%
	24.1%	11.3%
	21.6%	13.0%
	17.9%	20.1%
	9.6%	13.6%
	3.0%	8.3%
	1.8%	9.7%
	0.3%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.7%	13.6%
	12.7%	13.6%
	19.3%	13.6%
	12.9%	13.2%
	17.7%	14.8%
	19.3%	13.6%
	9.6%	10.0%
	4.1%	4.7%
	9.2%	12.2%

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