Is Frankfort, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Frankfort is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Frankfort has remained a Seller's Market.

Key Takeaway

Frankfort is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Frankfort, WI

How much do homes in Frankfort, WI cost?

Median Sold Price

$109,500

$130/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$835,500(-88.4%)

Key Takeaway

Homes in Frankfort have sold for 88.4% less than they did a month ago.

Summary: The median home sold price in Frankfort was $109,500 in December 2024, down 88.4% from last month, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $945K$109.5K
-88.4%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Frankfort housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 88.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Frankfort
-88.4%
Arkansaw
-88.4%

Housing Supply in Frankfort, WI

How many homes are available in Frankfort, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
43-25.0%

Summary: The Frankfort real estate market had 3 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Frankfort housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Frankfort, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Frankfort in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Frankfort, WI

How long does it take to sell a home in Frankfort, WI?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Frankfort has remained consistent over time.

Summary: During December 2024, 3 homes were sold in Frankfort; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Frankfort, WI

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