Real Estate In Frankfort is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.4 months supply of inventory on the market in Frankfort on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Frankfort last month was 42 days. It took on average 21 days to sell Frankfort Condo, Townhouse or a Duplex.
The number of home sales in Frankfort from December 1, 2018 through December 31, 2018 was 24 units. That is 1% above the number of homes sold last month in Frankfort.
The average price per square foot in the area is now $108/Sq.Ft, which is 1% an increase from last month.


In Frankfort there were 6 units sold in December in the price range between $156,000 – $252,965 with an average of 3 bedrooms and 1.6 bathrooms and average Square footage of 1,587SF.

In Frankfort there were 14 units sold in December in the price range between $252,966 – $458,464 with an average of 3.6 bedrooms and 2.9 bathrooms and average Square footage of 2,803SF.

In Frankfort there were 4 units sold in December in the price range between $458,465 – $567,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 3,540SF.

The low price range had the most activity. Homes up to $252,965 were on the market on average 17 days and sold an average of $198,800.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Frankfort. Search all Frankfort homes for Sale on propertyup.com If you are considering viewing Frankfort, you may want to do so now!

Frankfort
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$466,978
$451,887
Median Sales Price
$356,522
$349,929
Month supply of inventory
6.4
5.4
Market Time Detached
50 days
42 days
Market Time Attached
45 days
21 days
Inventory
357 properties
311 properties
Low price range
$108,000 – $232,261
$156,000 – $252,965
Low price range market time
47 days
17 days
Low price range units sold
0
6
Low price range bedrooms
3.2
3
Low price range bathrooms
1.8
1.6
Low price range approx sqft
1,375 SF
1,587 SF
Mid price range
$232,262 – $603,260
$252,966 – $458,464
Mid price range market time
44 days
27 days
Mid price range units sold
15
14
Mid price range bedrooms
3.7
3.6
Mid price range bathrooms
3.1
2.9
Mid price range approx sqft
2,880 SF
2,803 SF
High price range
$603,261 – $850,000
$458,465 – $567,000
High price range market time
84 days
91 days
High price range units sold
2
4
High price range bedrooms
4.5
4
High price range bathrooms
5.1
3.1
High price range approxsqft
5,328 SF
3,540 SF