Frankfort, IN—46057
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Frankfort, IN
Home Price Trends — Frankfort, IN
As of Oct '25, the median home price in Frankfort, IN is $230,000, with a year-over-year change of 5.9%. This indicates that home prices in Frankfort, IN are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $230,000 | 5.9% |
| Single Family | $230,000 | 6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $164,000 | 6.5% |
3 Bed | $235,000 | 6.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Frankfort, IN
Frankfort, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Frankfort, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Frankfort, IN is 32. This is a decrease of -31.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $205,000 | 17.0% |
Listing Count | 3 | -22.0% |
| Listings as % of Homes | 0.7% | -22.0% |
Days on Market | 32 | -31.0% |
Demographics — Frankfort, IN
As of the latest ACS Survey released in 2023, Frankfort, IN has a population of 1,060, which has decreased by -15.2% over the past 5 years. Frankfort, IN is a popular place for families, as children make up 27.3% of the population. The area has a moderately educated workforce, with 31.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,060 | -15.2% |
% Under 18 | 27.3% | 6.6% |
% Seniors | 19.6% | 117.8% |
% WFH | 26.4% | 121.8% |
% w/ College Degree | 31.7% | 164.2% |
As of the latest ACS Survey released in 2023, Frankfort, IN is a predominantly white area, with 78.7% of the population identifying as white. The white population has shrunk by 19.4% in the last 5 years. The second most common race or ethnicity in Frankfort, IN is hispanic, making up 19.8% of the population. Foreign-born residents account for 0.8% of the population in Frankfort, IN, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.7% | -19.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 19.8% | 6,500.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.8% | ∞% |
Mortgage and Risk — Frankfort, IN
Frankfort, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Frankfort, IN
Frankfort, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,290 |
Affordability — Frankfort, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $230,000 |
| Median Household Income | $76,800 |