Frankford, DE Home Values & Market Trends
Real estate market trends reflect that there have been 332 transactions over the past year in Frankford. The median value for residential home transactions that occurred over the previous year is $436,133.47. The number of current listings in Frankford is 20, and the percentage of properties for sale in the city is 20.00%. Frankford, DE currently has 5 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 20 properties for sale.
Frankford, DE Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 19945 | $ 599,339 $ 229/sqft |
Housing Market Summary for Frankford, DE
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $427.4K | $500.7K | 17.14% |
| Median Sold Price | $432.4K | $500.7K | 15.78% |
| Homes For Sale | 18 | 21 | 16.67% |
| Homes Sold | 120 | 122 | 1.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Frankford, DE
Browse Homes in Frankford, DE
Frankford home values range from $66,053 to $6,759,032. The median estimated value of a home in Frankford is $436,133.47. The median list price of a home is 582,500, and the total count of properties in the city is 5,835.
- Pre-ForeclosurePre-foreclosure homes account for 0.03% of all residential properties in Frankford, DE with 19945 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Frankford, DE; of that zips, the estimated home value for pre-foreclosure homes ranges from $240,626 in 19945 to the lowest home value of $221,369 in 19945.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Frankford, DE ranges from the highest value of $189,900 in 19945 to the lowest value of $189,900 in 19945. Bank owned homes and properties account for 0.03% of properties in Frankford, DE. There is 1 zips within Frankford, DE; 19945 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions19945 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Frankford, DE. Auction homes and other auction properties account for 0.02% of all properties in Frankford, DE. There is 1 zips within Frankford, DE; of that zips, the median estimated home value for homes going to auction ranges from $156,700 in 19945 to the lowest value of $156,700 in 19945.
Compare Nearby Cities
More Real Estate Resources for Frankford, DE
Guide for Frankford, DE
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.
Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.
Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.