Frankford, DE Foreclosures
How much do homes sell for in Frankford, DE?
The average home price is currently $413,634.
In Frankford, DE, how many homes are available?
There are currently 22 active home listings available in Frankford.
What’s the average rental cost in Frankford, DE?
The average rental price in Frankford is $1,480.
What is the most expensive home in Frankford?
The most expensive home sold in Frankford had a price of $13,470,489.
What is currently the cheapest priced home in Frankford, DE?
The cheapest home for sale in Frankford is priced at $14,556.
Living in Frankford, DE
Frankford, DE is a picturesque town in Sussex County, characterized by its friendly community, charm, and proximity to beautiful beaches. The area offers a peaceful lifestyle with ample amenities, making it perfect for families and retirees alike. With outdoor recreation and great local schools, Frankford is an ideal location for your next home.
Current Market Conditions in Frankford, DE
Frankford's real estate market has remained stable over the past year, with a steady demand for single-family homes. Buyers are attracted to the affordability and quaint nature of the area, although the supply of available homes has slightly decreased, leading to increased competition among buyers. Overall, the market continues to show signs of gradual growth, drawing in both new residents and investors.
As of recent trends, the Frankford area has observed a moderate rise in home prices, attributed to its desirable location near the coast and an increasing population. The market remains favorable for sellers, but buyers can find good opportunities, especially with the availability of new developments.
Home Value Estimator For Frankford, DE
There are currently 3,624 real estate properties
in Frankford, DE,
with a median automated valuation model (AVM) price
of $388,376.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Frankford, DE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Frankford, DE,
is $413,634.00, with the most expensive house
in Frankford, DE, topping out
at $13,470,489.00 and the cheapest home
in Frankford, DE,
clocking in at $14,556.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Frankford, DE!
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.
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