Frankfort, KS66427

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$162,000
0.1% YoY Growth
Median Household Income
$84,000
64.5% 5-Year Growth
Days on Market
55
61.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,500
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Frankfort, KS

As of Oct '25, Realtor.com reports that the median days on market for a home in Frankfort, KS is 55. This is a increase of 61.0% from last year, suggesting that homes are sitting on the market longer 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
$147,00031.0%
Listing Count
410.0%
Listings as % of Homes0.0%10.0%
Days on Market
5561.0%
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Demographics — Frankfort, KS

As of the latest ACS Survey released in 2023, Frankfort, KS has a population of 1,240, which has increased by 11.2% over the past 5 years. Frankfort, KS is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,24011.2%
% Under 18
20.2%2.0%
% Seniors
25.4%-13.9%
% WFH
9.7%15.5%
% w/ College Degree
24.4%29.8%
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As of the latest ACS Survey released in 2023, Frankfort, KS is a predominantly white area, with 98.0% of the population identifying as white. The white population has grown by 5.4% in the last 5 years. The second most common race or ethnicity in Frankfort, KS is black, making up 1.5% of the population. Foreign-born residents account for 0.8% of the population in Frankfort, KS, and this percentage has increased by 166.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
98.0%5.4%
% Black
1.5%∞%
% Hispanic
0.0%-100.0%
% Asian
0.2%∞%
% Foreign Born
0.8%166.7%
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Mortgage and Risk — Frankfort, KS

According to HUD data as of 2023, there were 14 mortgage originations in Frankfort, KS, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Frankfort, KS. Investor activity is low, as 14.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
14
% Conventional Loans
93.0%
% Government Loans
7.0%
% Investor Loans
14.0%
% Second Loans
7.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Frankfort, KS

Frankfort, KS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

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

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$740
2 BedroomN/AN/A$910
3 BedroomN/AN/A$1,250
4 Bedroom$50$1,500$1,550

Affordability — Frankfort, KS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.8
Median Home Price$162,000
Median Household Income$84,000

Frankfort, KS — ZIP Code Boundary Map

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Frequently Asked Questions