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Land Foreclosures in Frankfort, KY

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Frankfort, KY Foreclosures

How much do homes sell for in Frankfort, KY?
The average home price is currently $257,947.
What’s the average rental cost in Frankfort, KY?
The average rental price in Frankfort is $972.
What is the most expensive home in Frankfort?
The most expensive home sold in Frankfort had a price of $22,499,454.
What is currently the cheapest priced home in Frankfort, KY?
The cheapest home for sale in Frankfort is priced at $10,002.

Living in Frankfort, KY

Frankfort, KY, is a historical and charming city that serves as the state capital. It features picturesque scenery along the Kentucky River, a vibrant downtown, and various public amenities. With its rich heritage, a strong sense of community, and access to outdoor activities, Frankfort is an attractive place to call home.

Current Market Conditions in Frankfort, KY

Frankfort's real estate market is currently showing a moderate appreciation trend, with home prices steadily increasing over the past few months. There is a high demand for affordable housing, particularly among first-time home buyers. The local market remains competitive, but there are still opportunities for buyers to find suitable homes at reasonable prices.

In recent times, Frankfort has seen an influx of new residents, partly due to its inviting community feel and affordable living costs compared to larger cities. The market has benefited from low mortgage interest rates, driving more interest in purchasing homes.

Home Value Estimator For Frankfort, KY

There are currently 18,375 real estate properties in Frankfort, KY, with a median automated valuation model (AVM) price of $214,136.00. 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, KY, 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, KY, is $257,947.00, with the most expensive house in Frankfort, KY, topping out at $22,499,454.00 and the cheapest home in Frankfort, KY, clocking in at $10,002.00. In other words, there’s something for every potential homebuyer or savvy investor in Frankfort, KY!

Rent Prices In Frankfort, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Frankfort, KY, is on a rollercoaster ride. The average rent price in Frankfort, KY, is $972.00. Indeed, when looking to rent in Frankfort, KY, you can expect to pay as little as $530.00 or as much as $1,600.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Frankfort, KY -- 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, KY Land


Market Trend for Frankfort, KY

Total Listings Available: 0

Market Values:

Home Prices from $10,002 to $22,499,454

Average Sales Price: $257,947

Rental Values:

Rental from $530 to $1,600

Average Rent Value: $972 / month

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