The Frankfort housing market is very competitive. The median sale price of a home in Frankfort was $163K last month, down 27.8% since last year. The median sale price per square foot in Frankfort is $145, up 19.8% since last year.
What is the housing market like in Frankfort today?
In May 2025, Frankfort home prices were down 27.8% compared to last year, selling for a median price of $163K. On average, homes in Frankfort sell after 23 days on the market compared to 12 days last year. There were 13 homes sold in May this year, down from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$162,500
-27.8% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Frankfort, IN
$162,500
-27.8%
United States
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How hot is the Frankfort housing market?
Frankfort is very competitive. Homes sell in 20 days.
0
100
85
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 20 days.
Hot homes
can sell for about 3% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Frankfort housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Frankfort.
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Frankfort has a moderate risk of flooding. 556 properties in Frankfort are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Frankfort. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Frankfort has a minor risk of wildfire. There are 5 properties in Frankfort that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Frankfort.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Frankfort has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Frankfort is most at risk from hurricanes. 8,348 properties in Frankfort have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.