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FRANKFORT, IN 46041

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The FRANKFORT, IN real estate market (46041) currently shows 70 active listings, with 28 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 33 days last year.

The median listing price has risen 12.3% year-over-year, from $250,000 to $280,725.

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 Context

Market Context

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

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

Market Overview

Active Listings
70
⇧ 89.2% vs 37 last year
Pending
28
40% pending ratio
Median Price
$280,725
⇧ 12.3% vs $250,000 last year
Average Price
$319,058
⇧ 25.4% vs $254,467 last year
Days on Market
51
⇧ 54.5% vs 33 days last year

Price Per Square Foot

Median $/sqft
$152
⇩ 1.3% vs $154/sqft last year
Median Home Size
1,912 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 70 this year vs 37 last year
  • Days on market: 51 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $280,725 (+12.3% YoY)
  • Average: $319,058 (+25.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.9 miles — 271 listings ($107,353,043 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46041Frankfort, IN 460410.0 mi57$18,208,935$293,500$319,455
46058Mulberry, IN 460589.3 mi3$1,106,349$429,000$368,783
46065Rossville, IN 4606510.7 mi8$3,380,376$334,975$422,547
46071Thorntown, IN 4607113.7 mi6$2,257,500$356,250$376,250
46049Kempton, IN 4604914.3 mi2$279,950$139,975$139,975
46979Russiaville, IN 4697914.5 mi8$2,491,656$262,500$311,457
47941Dayton, IN 4794115.7 mi3$546,000$182,000$182,000
46929Flora, IN 4692917.4 mi5$1,149,065$232,000$229,813
46052Lebanon, IN 4605217.5 mi85$33,930,555$328,450$399,183
46045Goldsmith, IN 4604518.1 mi1$102,900$102,900$102,900
46075Whitestown, IN 4607520.5 mi89$43,014,857$385,975$483,313
47955Linden, IN 4795520.9 mi3$615,000$205,000$205,000
46102Advance, IN 4610221.9 mi1$269,900$269,900$269,900

Frequently Asked Questions

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

As of March 2026, there are 70 active listings in FRANKFORT, IN (zip code 46041), compared to 37 the prior year.

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

The median listing price in FRANKFORT, IN 46041 is $280,725 as of March 2026, a 12.3% increase from $250,000 the prior year.

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

Homes in FRANKFORT, IN 46041 spend an average of 51 days on the market before going under contract, compared to 33 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 March 2026, FRANKFORT, IN 46041 is currently a Buyer's Market. Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 33 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 $5,615 compared to a typical 5% commission on the median listing price of $280,725. 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.