Frankford, DE 19945 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Frankford, DE—19945

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$490,000

2.6% YoY Growth

Household Income

$86,000

39.5% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

-0.7%

Median Rent

$2,480

15.7% YoY Growth

1-Bed Rent

$1,700

N/A

2-Bed Rent

$1,410

16.1% YoY Growth

3-Bed Rent

$2,300

4.5% YoY Growth

Home Price Trends — Frankford, DE

As of May '26, the median home price in Frankford, DE is $490,000, with a year-over-year change of -2.6%. This indicates that home prices in Frankford, DE are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$490,000	-2.6%
Single Family	$492,000	-1.8%
Condos	$494,000	-4.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Frankford, DE

As of July '25, Rentcast reports the average rent in Frankford, DE is $2,660, with a year-over-year rent change of 15.7%. Per bedroom, the median rent as of July '25 in Frankford, DE is 1-bedrooms: $1,700, 2-bedrooms: $1,410, 3-bedrooms: $2,320, 4-bedrooms: $3,000. The most common rental property sizes in Frankford, DE are 3-bedroom and 2-bedroom, accounting for 51.9% and 32.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,480	$2,660
Studio Rent	N/A	N/A
1 Bed Rent	$1,700	$1,700
2 Bed Rent	$1,410	$1,410
3 Bed Rent	$2,300	$2,320
4 Bed Rent	$3,000	$3,000

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% of Rental Stock

1 Bedroom

3.2%

2 Bedrooms

32.6%

3 Bedrooms

51.9%

4 Bedrooms

1.5%

5+ Bedrooms

10.8%

Property Listings — Frankford, DE

As of May '26, Realtor.com reports that the median days on market for a home in Frankford, DE is 80. This is a decrease of -12.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$598,000	-5.0%
Listing Count	129	-11.0%
Listings as % of Homes	1.3%	-11.0%
Days on Market	80	-12.0%

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Demographics — Frankford, DE

As of the latest ACS Survey released in 2023, Frankford, DE has a population of 8,920, which has increased by 34.5% over the past 5 years. Frankford, DE is a moderately popular place for families, as children make up 15.1% 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 few residents working remotely, with 8.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,920	34.5%
% Under 18	15.1%	-3.2%
% Seniors	36.4%	37.9%
% WFH	8.9%	122.5%
% w/ College Degree	31.7%	78.1%

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As of the latest ACS Survey released in 2023, Frankford, DE is a predominantly white area, with 76.5% of the population identifying as white. The white population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Frankford, DE is black, making up 12.2% of the population. Foreign-born residents account for 5.5% of the population in Frankford, DE, and this percentage has decreased by 38.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	76.5%	9.6%
% Black	12.2%	11.9%
% Hispanic	8.5%	-38.4%
% Asian	0.9%	-47.1%
% Foreign Born	5.5%	-38.9%

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Mortgage and Risk — Frankford, DE

According to HUD data as of 2023, there were 340 mortgage originations in Frankford, DE, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Frankford, DE. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	340
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	2.0%
% Second Loans	31.0%
% Cash Out Refinance	4.0%

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Rentals and Section 8 — Frankford, DE

Frankford, DE 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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$530	$1,700	$1,170
2 Bedroom	$130	$1,410	$1,540
3 Bedroom	-$360	$2,300	$1,940
4 Bedroom	-$580	$3,000	$2,420

Frankford, DE—19945

Key Metrics at a Glance

Home Price Trends — Frankford, DE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Frankford, DE

% of Rental Stock

Property Listings — Frankford, DE

Demographics — Frankford, DE

Race and Ethnicity

Mortgage and Risk — Frankford, DE

Mortgages

Rentals and Section 8 — Frankford, DE

Section 8 Market Size

Section 8 Opportunity

Affordability — Frankford, DE

Home Price to Income Ratio

Frankford, DE — ZIP Code Boundary Map

Nearby ZIP Codes

Selbyville, DE

Dagsboro, DE

Bishopville, MD

Millsboro, DE

Millville, DE

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.7
Median Home Price	$490,000
Median Household Income	$86,000

Frankford, DE—19945

Key Metrics at a Glance

Home Price Trends — Frankford, DE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Frankford, DE

% of Rental Stock

Property Listings — Frankford, DE

Demographics — Frankford, DE

Race and Ethnicity

Mortgage and Risk — Frankford, DE

Mortgages

Rentals and Section 8 — Frankford, DE

Section 8 Market Size

Section 8 Opportunity

Affordability — Frankford, DE

Home Price to Income Ratio

Frankford, DE — ZIP Code Boundary Map

Nearby ZIP Codes

Selbyville, DE

Dagsboro, DE

Bishopville, MD

Millsboro, DE

Millville, DE

Frequently Asked Questions

What is the average home price in Frankford, DE 19945?

How have home prices in Frankford, DE 19945 changed over the past year?

What is the home price projection for Frankford, DE 19945?

What are the demographics of Frankford, DE 19945?

How long does it take homes to sell in Frankford, DE 19945?

What is the average rent price in Frankford, DE 19945?