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Featured local agent — Frankfort Springs, PA
Sarah Mitchell
Compass Real Estate · Frankfort Springs, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Frankfort Springs, PA Housing Market
The last median sale price Redfin published was $260,268 (through May 2026). With homes going under contract in about 79 days, Frankfort Springs is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $260,268 home is about $1,389/mo in principal and interest.
Key numbers for Frankfort Springs, PA
Median sale price
$260,268
Last published period
Redfin, through July 2022
Days on market
79
Slow-moving
Redfin, through July 2022
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$53,750
Home costs 4.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.8%
Selling below asking
Redfin, through July 2022
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Frankfort Springs a buyer's or seller's market?
Frankfort Springs, PA is a leaning buyer's and homes selling in about 79 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Frankfort Springs housing market data show?
Every row below is Redfin's final published month for Frankfort Springs, PA. Redfin, through July 2022
| Metric | Value |
|---|---|
| Median sale price | $260,268 |
| Median price per sq ft | $204/sq ft |
| Median days on market | 79 days |
| Sale-to-list price ratio | 96.8% |
| Homes sold (that month) | 1 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Frankfort Springs is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Frankfort Springs is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Frankfort Springs home prices moved?
We hold fewer than three months of sale history for Frankfort Springs, PA, which is not enough to draw a trend line without misleading you. The Zillow value figures above are the current read for this city.
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What does it cost to buy a home in Frankfort Springs?
Priced off the median sale price of $260,268 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $52,054 | $208,214 | $1,389/mo |
| 5% | $13,013 | $247,255 | $1,650/mo |
Redfin, through July 2022 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,389, that implies roughly $59,548 a year before you add taxes and insurance. The median household in Frankfort Springs earns $53,750, about $5,798 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.8x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Frankfort Springs in the next 12 months?
Tell us your timeline. We send the Frankfort Springs market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Frankfort Springs?
Zillow does not publish a rent index (ZORI) for Frankfort Springs, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Frankfort Springs?
We hold fewer than two months of inventory readings for Frankfort Springs, PA, so there is no trend to report yet.
How does Frankfort Springs compare to Pennsylvania and the U.S.?
Frankfort Springs homes sell for $260,268 — 21% below the Pennsylvania median of $330,200. Against the national median of $410,700, Frankfort Springs runs 37% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Frankfort Springs, PA | $260,268 | not published | 79 days |
| Pennsylvania statewide | $330,200 | +5.3% | 30 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through July 2022 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Frankfort Springs
What buyers should watch
- The gap between 5% and 20% down here is $261 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $260,268 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Frankfort Springs listing goes under contract in 79 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Frankfort Springs varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Frankfort Springs
Explore homes currently listed for sale in Frankfort Springs, Pennsylvania across major real estate platforms.
How much do homes cost in Frankfort Springs by property type?
How the Frankfort Springs, PA market breaks down across single-family homes, condos and townhouses. Redfin, through July 2022
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $260,268 | $204/sq ft | 1 | 79 days |
Who lives in Frankfort Springs?
American Community Survey estimates for Frankfort Springs. U.S. Census ACS, 2023
Population
86
Households
40
Median income
$53,750/yr
Median age
60.3 years
Owner-occupied
87.5%
Median home value
$112,500
Mean commute
35.2 min
87.5% of occupied homes in Frankfort Springs are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Frankfort Springs, PA?
Ordered by distance from Frankfort Springs, not by size. Compare Frankfort Springs side by side with any of them.
Frankfort Springs housing market FAQ
Is Frankfort Springs a buyer's or seller's market?
Frankfort Springs, PA is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Frankfort Springs?
The median sale price in the last month Redfin published was $260,268, about $204 per square foot.
Is Frankfort Springs cheaper than the rest of Pennsylvania?
Frankfort Springs's median sale price of $260,268 is 21% lower than the Pennsylvania statewide median of $330,200, and 37% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Frankfort Springs?
Homes in Frankfort Springs, PA spent a median of 79 days on market before going under contract, versus 30 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Frankfort Springs?
At the current 30-year fixed rate of 7.03%, 20% down on a $260,268 home is about $1,389 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $59,548 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $53,750.
Are home prices rising in Frankfort Springs?
We do not hold a complete 12-month value series for Frankfort Springs, PA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Frankfort Springs?
Frankfort Springs ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Frankfort Springs?
That depends on your timeline, not on a headline. What the data says today: Frankfort Springs, PA is a leaning buyer's, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $260,268, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.