64Alpha

Frankfort, IN metro area Housing Market Brief

metro · as of May 2026

Seller's

What is Frankfort, IN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+10.244
Inventory Health25%
+18.561
Affordability20%
83
Economic Strength20%
No data
50
Rental Yield15%
86

Where is Frankfort, IN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Frankfort, IN metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Frankfort, IN metro area housing market data

MetricValueYoY
Median Sale Price$238K▲ +8.2%
Median Days on Market18 days▲ +38.5%
Months of Supply1.5-21%
Homes for Sale52▲ +10.6%
Homes Sold35▲ +40%
Median Price / Sq Ft$164▲ +13.6%
Sale-to-List Ratio98.4%▲ +0.4%

How has Frankfort, IN metro area’s Alpha Score moved?

Now: 64
4-period trend
Median sale price · 12 mo

Markets like Frankfort, IN metro area

Frequently asked questions

Is Frankfort, IN metro area a buyer's or seller's market?

As of May 2026, Frankfort, IN metro area is classified as a Seller's Market, based on its Alpha Score of 64 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Frankfort, IN metro area?

The median sale price in Frankfort, IN metro area is $238K, having risen 8.2% over the past year.

How affordable is Frankfort, IN metro area?

Frankfort, IN metro area scores 83 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Frankfort, IN metro area's Alpha Score?

Frankfort, IN metro area's strongest dimension is Rental Yield (86/100) and its weakest is Price Momentum (44/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Frankfort, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.