Frankfort, IN Foreclosures
How much do homes sell for in Frankfort, IN?
The average home price is currently $229,346.
In Frankfort, IN, how many homes are available?
There are currently 24 active home listings available in Frankfort.
What’s the average rental cost in Frankfort, IN?
The average rental price in Frankfort is $1,103.
What is the most expensive home in Frankfort?
The most expensive home sold in Frankfort had a price of $1,874,619.
What is currently the cheapest priced home in Frankfort, IN?
The cheapest home for sale in Frankfort is priced at $10,313.
Living in Frankfort, IN
Frankfort, Indiana, is a charming small town that blends a friendly community atmosphere with easy access to larger cities. It's well-suited for families and young professionals alike, offering several parks and local amenities. Frankfort fosters a vibrant community spirit through seasonal events and outdoor activities.
Current Market Conditions in Frankfort, IN
The real estate market in Frankfort, IN, has been steady, showing signs of a healthy demand for homes. The average home price in recent months has seen a slight increase, indicating that buyers are actively seeking properties in this quaint town. With its appeal as a smaller city close to larger metropolitan areas, Frankfort continues to attract new residents looking for an affordable and pleasant place to live.
Over the past year, Frankfort's real estate market has experienced moderate growth. The number of homes sold has increased, along with interest from buyers who appreciate the town's amenities and community-focused lifestyle. Homes in good condition are receiving multiple offers, thus pushing prices slightly upward.
Home Value Estimator For Frankfort, IN
There are currently 7,488 real estate properties
in Frankfort, IN,
with a median automated valuation model (AVM) price
of $196,254.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Frankfort, IN, 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 Frankfort, IN,
is $229,346.00, with the most expensive house
in Frankfort, IN, topping out
at $1,874,619.00 and the cheapest home
in Frankfort, IN,
clocking in at $10,313.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Frankfort, IN!
Rent Prices
In Frankfort, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Frankfort, IN, is on
a rollercoaster ride. The
average rent price in Frankfort, IN,
is $1,103.00. Indeed, when looking to rent in
Frankfort, IN, you can expect to pay as little
as $570.00 or as much
as $2,520.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Frankfort, IN
-- 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.
Learn more on Foreclosure homes
