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Multi-family Foreclosures in Frankfort, MI

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Frankfort, MI Foreclosures

How much do homes sell for in Frankfort, MI?
The average home price is currently $656,460.
What’s the average rental cost in Frankfort, MI?
The average rental price in Frankfort is $1,328.
What is the most expensive home in Frankfort?
The most expensive home sold in Frankfort had a price of $6,159,636.
What is currently the cheapest priced home in Frankfort, MI?
The cheapest home for sale in Frankfort is priced at $37,288.

Living in Frankfort, MI

Frankfort, MI is a scenic lakeside town known for its beautiful beaches and vibrant local culture. With a strong sense of community and numerous recreational activities, it's an attractive location for families and individuals alike. Residents enjoy access to nature, shops, and quality educational institutions.

Current Market Conditions in Frankfort, MI

The real estate market in Frankfort is currently experiencing a surge in demand due to its appealing lifestyle and outdoor amenities. Properties range from cozy cottages to luxurious lakefront homes, attracting a diverse range of buyers including retirees, families, and vacationers.

In recent months, the number of homes sold has increased significantly, leading to a competitive market with rising home prices. Buyers should be prepared for multiple offers and should be ready to act quickly when they find a desirable property.

Home Value Estimator For Frankfort, MI

There are currently 2,945 real estate properties in Frankfort, MI, with a median automated valuation model (AVM) price of $435,094.00. 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, MI, 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, MI, is $656,460.00, with the most expensive house in Frankfort, MI, topping out at $6,159,636.00 and the cheapest home in Frankfort, MI, clocking in at $37,288.00. In other words, there’s something for every potential homebuyer or savvy investor in Frankfort, MI!

Rent Prices In Frankfort, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Frankfort, MI, is on a rollercoaster ride. The average rent price in Frankfort, MI, is $1,328.00. Indeed, when looking to rent in Frankfort, MI, you can expect to pay as little as $570.00 or as much as $2,860.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Frankfort, MI -- 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, MI Multi-family Homes


Market Trend for Frankfort, MI

Total Listings Available: 0

Market Values:

Home Prices from $37,288 to $6,159,636

Average Sales Price: $656,460

Rental Values:

Rental from $570 to $2,860

Average Rent Value: $1,328 / month

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