Frankfort, MI
Housing market overview · Updated weekly
$515,000median sale price
Homes sold
2
Last 12 weeks
Days on market
146
Average pace
Active listings
21
10.5 months supply
Sale-to-list
90.8%
Below asking
The Frankfort housing market is currently classified as a buyer's market with a median sale price of $515,000. Prices have risen 145.2% compared to last year, with homes spending an average of 146 days on market, indicating 10.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Frankfort
There are currently 21 homes listed for sale in Frankfort, Michigan.
Active listings
21
Homes on market
Avg. days on market
146
Days until sale
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Frequently asked questions
What is the average home price in Frankfort?
The median home sale price in Frankfort is $515,000, up 145.2% from last year.
How long do homes stay on market in Frankfort?
Homes typically spend 146 days on market before going under contract.
Is Frankfort a buyer's or seller's market?
With 10.5 months of supply, Frankfort is currently a buyer's market.
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