Zip 49635 (Frankfort, MI) Housing

The housing market in 49635 Frankfort, MI is booming. The median value of homes is currently at $417,600, which is significantly higher than the US median value of $338,100. Furthermore, the one year house appreciation rate in 49635 Frankfort, MI is 15.49%, considerably higher than the US rate of 8.27%. This is indicative of a vibrant and healthy housing market that should prove to be a great investment opportunity for those looking to buy property in this area.

The median home cost in Frankfort (zip 49635) is $417,600. Home appreciation the last 10 years has been 122.2%. Home Appreciation in Frankfort (zip 49635) is up 19.8%.

Average Age of Homes

- The median age of Frankfort (zip 49635) real estate is 43 years old

The Rental Market in Frankfort (zip 49635)

- Renters make up 9.5% of the Frankfort (zip 49635) population
- 0.3% of houses and apartments in Frankfort (zip 49635), 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, Michigan	United States
	2,996.0	139,647,020.0
	45	42
	$417,600	$338,100
	19.8%	16.6%
	69.9%	57.0%
	122.2%	101.1%
	$9.73	$10.98
	$2,445	$2,690
	36.7%	57.4%
	56.0%	11.2%
	7.3%	31.4%
Vacant Housing
	0.3%	1.9%
	0.6%	0.4%
	0.8%	0.7%
	0.6%	0.4%
	52.5%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	2.1%	2.4%
	6.3%	2.8%
	2.0%	3.9%
	2.6%	4.5%
	10.5%	11.3%
	11.0%	13.0%
	23.2%	20.1%
	17.7%	13.6%
	7.6%	8.3%
	8.3%	9.7%
	2.1%	3.9%
	1.9%	2.2%
	2.4%	0.8%
	1.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.2%	13.6%
	8.2%	13.6%
	18.5%	13.6%
	13.0%	13.2%
	14.2%	14.8%
	18.5%	13.6%
	10.0%	10.0%
	8.3%	4.7%
	14.9%	12.2%

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