Zip 46044 (Frankton, IN) Housing

The housing market in Frankton, IN (46044) is looking very strong. The median value of homes in the area is $168,700, which is substantially lower than the US house median value of $338,100. However, the one year house appreciation rate for Frankton is much higher at 13.98%, which is 5.71% above the US average of 8.27%. This indicates that real estate values are rising rapidly and it may be a great time to invest in this area.

The median home cost in Frankton (zip 46044) is $168,700. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Frankton (zip 46044) is up 18.4%.

Average Age of Homes

- The median age of Frankton (zip 46044) real estate is 52 years old

The Rental Market in Frankton (zip 46044)

- Renters make up 17.8% of the Frankton (zip 46044) population
- 0.0% of houses and apartments in Frankton (zip 46044), 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	Frankton, Indiana	United States
	1,229.0	139,647,020.0
	51	42
	$168,700	$338,100
	18.4%	16.6%
	62.5%	57.0%
	92.9%	101.1%
	$8.42	$10.98
	$1,002	$2,690
	77.3%	57.4%
	5.9%	11.2%
	16.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	9.5%	2.6%
	2.8%	2.4%
	5.9%	2.8%
	7.4%	3.9%
	14.4%	4.5%
	25.8%	11.3%
	17.9%	13.0%
	8.8%	20.1%
	5.5%	13.6%
	1.7%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.7%	13.6%
	10.7%	13.6%
	9.1%	13.6%
	7.7%	13.2%
	19.8%	14.8%
	9.1%	13.6%
	9.0%	10.0%
	7.2%	4.7%
	16.8%	12.2%

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