Frankfort, KY Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Frankfort, KY is $243,000, down 1.8% year-over-year. Homes sell in an average of 91 days with 74 active listings. The market is currently a leaning buyer's.
$243,000median sale price
Is Frankfort a buyer's or seller's market?
Frankfort, KY is currently a leaning buyer's, based on 3.4 months of supply and homes selling in about 91 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
91
Average pace
Active listings
74
3.4 months supply
Sale-to-list
94.8%
Below asking
Frankfort, KY market data
| Metric | Value |
|---|---|
| Median sale price | $243,000 |
| Median list price | $244,950 |
| Year-over-year price change | -1.8% |
| Average days on market | 91 days |
| Active inventory | 74 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 94.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Frankfort housing market is currently classified as a leaning buyer's with a median sale price of $243,000. Prices have fallen 1.8% compared to last year, with homes spending an average of 91 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Frankfort
There are currently 74 homes listed for sale in Frankfort, Kentucky. The median listing price is $245K.
Active listings
74
Homes on market
Median list price
$245K
Avg. days on market
91
Days until sale
New this week
22
Newly listed
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Frequently asked questions
What is the average home price in Frankfort?
The median home sale price in Frankfort is $243,000, down 1.8% from last year.
How long do homes stay on market in Frankfort?
Homes typically spend 91 days on market before going under contract.
Is Frankfort a buyer's or seller's market?
With 3.4 months of supply, Frankfort is currently a leaning buyer's.
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