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FRANKFORT, MI 49635

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

Market Analysis

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

The FRANKFORT, MI real estate market (49635) currently shows 49 active listings, with 8 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 80 days on market compared to 42 days last year.

The median listing price has risen 7.9% year-over-year, from $685,000 to $739,250.

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Market Context

Market Context

Population: 3,328  ·  Density: 33.4/mi²  ·  Median household income: $64,911

Typical home value: $314,513  ·  Homeownership: 80.8%

Market Overview

Active Listings
49
⇧ 22.5% vs 40 last year
Pending
8
16% pending ratio
Median Price
$739,250
⇧ 7.9% vs $685,000 last year
Average Price
$907,237
⇧ 15.3% vs $786,716 last year
Days on Market
80
⇧ 90.5% vs 42 days last year

Price Per Square Foot

Median $/sqft
$454
⇧ 9.9% vs $413/sqft last year
Median Home Size
1,768 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 49 this year vs 40 last year
  • Days on market: 80 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $739,250 (+7.9% YoY)
  • Average: $907,237 (+15.3% 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
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 28.1 miles — 297 listings ($248,525,094 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49635Frankfort, MI 496350.0 mi31$31,110,298$715,000$1,003,558
49616Benzonia, MI 496166.1 mi4$1,741,372$477,425$435,343
49613Arcadia, MI 496138.1 mi1$923,749$923,749$923,749
49614Bear Lake, MI 4961413.3 mi9$3,742,974$350,000$415,886
49650Lake Ann, MI 4965017.0 mi6$4,688,724$711,425$781,454
49643Interlochen, MI 4964317.5 mi19$12,595,594$447,000$662,926
49636Glen Arbor, MI 4963619.8 mi8$6,075,832$453,250$759,479
49630Empire, MI 4963022.7 mi2$2,510,000$1,255,000$1,255,000
49637Grawn, MI 4963723.5 mi16$6,722,176$426,250$420,136
49685Traverse City, MI 4968524.4 mi64$42,004,992$472,400$656,328
49621Cedar, MI 4962126.2 mi12$7,086,072$630,500$590,506
49684Traverse City, MI 4968426.8 mi119$127,431,031$749,900$1,070,849
49668Mesick, MI 4966828.1 mi6$1,892,280$228,225$315,380

Frequently Asked Questions

How many homes are for sale in FRANKFORT, MI 49635?

As of September 2026, there are 49 active listings in FRANKFORT, MI (zip code 49635), compared to 40 the prior year.

What is the median home price in FRANKFORT, MI 49635?

The median listing price in FRANKFORT, MI 49635 is $739,250 as of September 2026, a 7.9% increase from $685,000 the prior year.

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

Homes in FRANKFORT, MI 49635 spend an average of 80 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in FRANKFORT, MI 49635?

Based on current inventory and days-on-market data as of September 2026, FRANKFORT, MI 49635 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 42 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FRANKFORT, MI 49635 save an estimated $14,785 compared to a typical 5% commission on the median listing price of $739,250. 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.