Land Foreclosures in Frankfort, MI

Current Market Conditions in Frankfort, MI

Frankfort's real estate market has seen a steady increase in demand as more individuals and families seek a slower pace of life close to nature. Properties are often attracting multiple offers, particularly in the summer months when tourism peaks. Overall, the market remains competitive, which bodes well for sellers and continues to draw interest from buyers looking for vacation homes or permanent residences.

As of late 2023, the area has experienced a rise in home values, reflecting a broader trend across the region. Interest in Frankfort has surged, especially among buyers seeking investment properties or summer retreat options, contributing to a robust and dynamic housing market.

Rent Prices In Frankfort, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Frankfort, MI, is on a rollercoaster ride. The average rent price in Frankfort, MI, is $1,328.00. Indeed, when looking to rent in Frankfort, MI, you can expect to pay as little as $570.00 or as much as $2,860.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Frankfort, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.