Foreclosure Homes in Frankford, DE

Current Market Conditions in Frankford, DE

The Frankford real estate market has shown steady growth over the past year, with home prices appreciating due to increased desirability for beach proximity and a quieter lifestyle away from larger cities. The demand for homes in this area is fueled particularly by families and retirees seeking a friendly community atmosphere.

As of late 2023, the average home price in Frankford has risen, reflecting a trend of buyers looking for affordable properties with good quality of life. While the market remains competitive, new listings are attracting attention, and buyers are moving quickly to secure homes. Overall, Frankford is seen as a stable and growing residential area.

Rent Prices In Frankford, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Frankford, DE, is on a rollercoaster ride. The average rent price in Frankford, DE, is $1,480.00. Indeed, when looking to rent in Frankford, DE, you can expect to pay as little as $880.00 or as much as $2,940.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Frankford, DE -- 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.