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Short Sale Listings in Frankfort, IN

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Frankfort, IN Foreclosures

How much do homes sell for in Frankfort, IN?
The average home price is currently $231,496.
In Frankfort, IN, how many homes are available?
There are currently 16 active home listings available in Frankfort.
What’s the average rental cost in Frankfort, IN?
The average rental price in Frankfort is $1,100.
What is the most expensive home in Frankfort?
The most expensive home sold in Frankfort had a price of $2,481,434.
What is currently the cheapest priced home in Frankfort, IN?
The cheapest home for sale in Frankfort is priced at $10,227.

Living in Frankfort, IN

Frankfort, Indiana is a welcoming city with a strong sense of community, making it ideal for families and individuals seeking a quiet, suburban lifestyle. With plenty of parks and recreational activities, residents enjoy outdoor living year-round. The city also offers essential amenities and a rich history, perfect for those looking to settle in a friendly environment.

Current Market Conditions in Frankfort, IN

The real estate market in Frankfort, IN, shows promising growth, with a steady increase in home sales and property values over the past year. The demand for housing is robust, driven by the city's appealing lifestyle and community-oriented atmosphere.

There has been a noticeable increase in new construction projects, as developers recognize the potential of this charming city. First-time home buyers and families are particularly drawn to Frankfort's affordability and accessible amenities.

Home Value Estimator For Frankfort, IN

There are currently 7,815 real estate properties in Frankfort, IN, with a median automated valuation model (AVM) price of $197,574.00. 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 $231,496.00, with the most expensive house in Frankfort, IN, topping out at $2,481,434.00 and the cheapest home in Frankfort, IN, clocking in at $10,227.00. 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 $1,100.00. 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.

Frankfort, IN Short Sale Listings

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