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

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

Middle Schools near Frankfort, MI

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

High Schools near Frankfort, MI

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

Ungraded Schools near Frankfort, MI

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

Demographics near Frankfort, MI

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

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.