Is Frankfort, IN 46041 a buyer’s or seller’s market?
Frankfort is a seller’s market. With about 2 months of supply and 10% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2Under 4 months = seller’s market
Sold above original list10.1%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$144▼ −3.3% vs. last year
Run the numbers for 46041
Nearby markets
Colfax 46035Balanced $192 /sq ftForest 46039Buyer’s market $124 /sq ftKirklin 46050Seller’s market $312 /sq ftMichigantown 46057 $137 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology