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Frankton, IN—46044

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$200,000
3.3% YoY Growth
Household Income
$75,100
37.2% YoY Growth
Days on Market
68
5.0% Longer YoY
Home Price Forecast
3.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Frankton, IN

As of Dec '25, the median home price in Frankton, IN is $200,000, with a year-over-year change of 3.3%. This indicates that home prices in Frankton, IN are increasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$200,0003.3%
Single Family $201,0003.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$156,0002.6%
    3 Bed
    		$205,0003.0%
    4 Bed
    		$253,0003.7%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    2.9%
    2 Bedrooms
    25.0%
    3 Bedrooms
    53.0%
    4 Bedrooms
    14.3%
    5+ Bedrooms
    4.6%

    Rental Trends — Frankton, IN

    Frankton, IN lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.1%
    1 Bedroom
    9.9%
    2 Bedrooms
    32.6%
    3 Bedrooms
    47.5%
    4 Bedrooms
    5.7%
    5+ Bedrooms
    2.1%

    Property Listings — Frankton, IN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Frankton, IN is 45. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$231,00017.0%
    Listing Count
    		5-36.0%
    Listings as % of Homes0.5%-36.0%
    Days on Market
    		685.0%
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    Demographics — Frankton, IN

    As of the latest ACS Survey released in 2023, Frankton, IN has a population of 2,650, which has decreased by -13.8% over the past 5 years. Frankton, IN is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,650-13.8%
    % Under 18
    		23.2%-11.5%
    % Seniors
    		17.7%-1.1%
    % WFH
    		7.6%31.0%
    % w/ College Degree
    		15.4%-17.6%
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    As of the latest ACS Survey released in 2023, Frankton, IN is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Frankton, IN is hispanic, making up 2.8% of the population. Foreign-born residents account for 2.5% of the population in Frankton, IN, and this percentage has increased by 47.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		93.8%-1.0%
    % Black
    		0.0%-100.0%
    % Hispanic
    		2.8%16.7%
    % Asian
    		1.4%75.0%
    % Foreign Born
    		2.5%47.1%
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    Mortgage and Risk — Frankton, IN

    According to HUD data as of 2023, there were 51 mortgage originations in Frankton, IN, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Frankton, IN. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		51
    % Conventional Loans
    		75.0%
    % Government Loans
    		25.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Frankton, IN

    Frankton, IN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		4
    Total Units Section 8
    		4
    % Rentals under Section 8
    		3.5%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$790
    2 BedroomN/AN/A$1,030
    3 BedroomN/AN/A$1,330
    4 BedroomN/AN/A$1,370

    Affordability — Frankton, IN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.4
    Median Home Price$200,000
    Median Household Income$75,100

    Frankton, IN — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions