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FRANKFORT, IN 46041

Real Estate Market Report  ·  Clinton County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
58
⇧ 28.9% vs 45 last year
Pending
20
34% pending ratio
Median Price
$298,950
⇧ 22% vs $245,000 last year
Average Price
$321,520
⇧ 24.3% vs $258,724 last year
Days on Market
72
⇧ 41.2% vs 51 days last year

Market Context

Population: 23,188  ·  Density: 36.0/mi²  ·  Median household income: $56,975

Typical home value: $133,970  ·  Homeownership: 69.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FRANKFORT, IN real estate market (46041) currently shows 58 active listings, with 20 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 51 days last year.

The median listing price has risen 22% year-over-year, from $245,000 to $298,950.

Whether you are buying or selling in FRANKFORT, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 58 this year vs 45 last year
  • Days on market: 72 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $298,950 (+22% YoY)
  • Average: $321,520 (+24.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.5 miles — 294 listings ($108,288,981 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46041Frankfort, IN 460410.0 mi58$18,648,160$298,950$321,520
46058Mulberry, IN 460589.3 mi7$2,516,500$359,500$359,500
46065Rossville, IN 4606510.7 mi9$2,483,460$299,000$275,940
46071Thorntown, IN 4607113.7 mi8$3,880,000$450,000$485,000
47930Clarks Hill, IN 4793013.8 mi1$140,000$140,000$140,000
46913Bringhurst, IN 4691314.3 mi3$1,529,700$509,900$509,900
47983Stockwell, IN 4798314.8 mi1$254,900$254,900$254,900
47905Lafayette, IN 4790516.7 mi83$31,384,541$345,000$378,127
46995West Middleton, IN 4699517.5 mi1$130,000$130,000$130,000
46069Sheridan, IN 4606917.6 mi27$10,208,754$320,000$378,102
47940Darlington, IN 4794018.2 mi4$1,840,900$199,900$460,225
46068Sharpsville, IN 4606820.8 mi7$1,778,581$292,400$254,083
47909Lafayette, IN 4790921.5 mi85$33,493,485$307,500$394,041

Frequently Asked Questions

How many homes are for sale in FRANKFORT, IN 46041?

As of January 2026, there are 58 active listings in FRANKFORT, IN (zip code 46041), compared to 45 the prior year.

What is the median home price in FRANKFORT, IN 46041?

The median listing price in FRANKFORT, IN 46041 is $298,950 as of January 2026, a 22% increase from $245,000 the prior year.

How long do homes stay on the market in FRANKFORT, IN?

Homes in FRANKFORT, IN 46041 spend an average of 72 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in FRANKFORT, IN 46041?

Based on current inventory and days-on-market data as of January 2026, FRANKFORT, IN 46041 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 51 days last year.

How much can I save on real estate commission in FRANKFORT, IN?

With SELL123.com's maximum 3% commission, sellers in FRANKFORT, IN 46041 save an estimated $5,979 compared to a typical 5% commission on the median listing price of $298,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.