Frankfort Real Estate Market Conditions

Median sales price
$443,752

16.33% change since last quarter
# Active listings
48
30-day change

Frankfort Schools and Demographics

Schools
Demographics

Education near Frankfort, MI

	City	County
High School Graduates	90.52	92.51
College Degree - 2 year	6.66	10.02
College Degree - 4 year	33.64	28.64
Graduate Degree	10.03	8.64
Expenditures per Student	10,747	9,901
Students per Teacher	15.3	20.1

Elementary Schools near Frankfort, MI

	Grades	Students	P/T Ratio	ZIP
Bear Lake Elementary School	PK - 06	153	19.1	49614
Betsie Valley School	KG - 05	140	14.4	49683
Crystal Lake Elementary School	KG - 05	181	16.6	49616
Frankfort Elementary School	KG - 06	228	12.8	49635
Platte River Elementary School	KG - 06	272	20.7	49640

	Grades	Students	P/T Ratio	ZIP
Benzie Central Middle School	07 - 08	257	17.9	49616

	Grades	Students	P/T Ratio	ZIP
Bear Lake High School	07 - 12	154	26.9	49614
Benzie Central Senior High School	09 - 12	457	22.8	49616
Frankfort High School	07 - 12	244	15.7	49635

	Grades	Students	P/T Ratio	ZIP
* Benzie Academy	09 - 12	60	32.3	49616

	City	County
Neighborhood Type	Small Town
Population	1,334	17,462
Population Density	962	55
Median Age	58.1	48.9
People per Household	2.2	2.5
Median Household Income	39,516	53,185
Average Income per Capita	25,536	26,790

View Homes for Sale in Frankfort

Frankfort Real Estate

The median home value in Frankfort, MI is $443,752. This is higher than the county median home value of $194,100. The national median home value is $219,700. The average price of homes sold in Frankfort, MI is $443,752. Approximately 37.62% of Frankfort homes are owned, compared to 16.6% rented, while 45.78% are vacant. Frankfort real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Frankfort real estate agent to arrange a tour today!

Frankfort, Michigan has a population of 1,334. Frankfort is less family-centric than the surrounding county with 16.21% of the households containing married families with children. The county average for households married with children is 22.03%.

The median household income in Frankfort, Michigan is $39,516. The median household income for the surrounding county is $53,185 compared to the national median of $57,652. The median age of people living in Frankfort is 58.1 years.

Frankfort Weather

The average high temperature in July is 77 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 34.4 inches per year, with 103 inches of snow per year.