Housing in Frankfort, IN (46041) is a great investment. The median value of homes here is $159,500, which is much lower than the US median value of $338,100. Over the past year, the appreciation rate for housing in this area has been 13.98%, which is significantly higher than the national average of 8.27%. This indicates that investing in property in Frankfort can provide a lucrative return. With such an affordable median price and a high appreciation rate, Frankfort is an excellent option for anyone looking to purchase or invest in real estate.
The median home cost in Frankfort (zip 46041) is $159,500. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Frankfort (zip 46041) is up 18.4%.
Average Age of Homes
- The median age of Frankfort (zip 46041) real estate is 61 years old
The Rental Market in Frankfort (zip 46041)
- Renters make up 26.7% of the Frankfort (zip 46041) population
- 2.2% of houses and apartments in Frankfort (zip 46041), 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.