Housing in Frankfort, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$190,000

Median List Price

$209,900

Price Per Sq Ft

$158

Days on Market

57

Active Inventory

32

Months of Supply

3.6

Seller's market

Zillow Home Value

$202,355

ZHVI — January 2026

Zillow Rent Index

$896

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 11.8%List Price 19.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

11.1%

Off Market in 2 Weeks

40.0%

Sale-to-List Ratio

96.0%

Buyer's market

Sold Above Asking
11.1%
Under Contract in 2 Wks
40.0%
Listings with Price Drops
15.6%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

15

Pending Sales

15

Homes Sold 35.7%New Listings 28.6%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$158

Median List $/SF

$135

Sale $/SF 35.0%List $/SF 9.8%Mar 24Jan 26

Frankfort vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Frankfort is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$122,800

Median Rent

$888

Total Housing Units

6,519

Vacancy Rate

10.1%

Owner Occupied

58.7%

Renter Occupied

41.3%

Median Property Tax

$914

per year

Monthly Cost (w/ Mortgage)

$705

Housing Types

Single Family
77.3%
Multi-Family
20.1%
Mobile Home
2.7%

The current median sale price in Frankfort, IN is $190,000 according to Redfin data. Homes spend a median of 57 days on the market. 11.1% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $158. Zillow's observed rent index is $896/month. About 58.7% of housing units are owner-occupied. The median year homes were built is 1953. There are 6,519 total housing units.