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FRANKFORT, MI 49635

Real Estate Market Report  ·  Benzie County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
32
⇧ 300% vs 8 last year
Pending
18
56% pending ratio
Median Price
$715,000
⇧ 70.6% vs $419,000 last year
Average Price
$933,064
⇧ 28.5% vs $726,333 last year
Days on Market
135
⇩ 12.9% vs 155 days last year

Market Context

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

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

Market Analysis

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

The FRANKFORT, MI real estate market (49635) currently shows 32 active listings, with 18 pending sales. Homes are averaging 135 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are selling faster, averaging 135 days on market compared to 155 days last year.

The median listing price has risen 70.6% year-over-year, from $419,000 to $715,000.

Whether you are buying or selling in FRANKFORT, MI, 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: 32 this year vs 8 last year
  • Days on market: 135 now vs 155 last year

Median & Average Pricing

Year over Year
  • Median: $715,000 (+70.6% YoY)
  • Average: $933,064 (+28.5% 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 29.3 miles — 170 listings ($111,197,166 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49635Frankfort, MI 496350.0 mi32$29,858,048$715,000$933,064
49617Beulah, MI 496177.7 mi12$14,781,360$1,125,000$1,231,780
49640Honor, MI 4964010.1 mi7$3,607,660$550,000$515,380
49683Thompsonville, MI 4968314.0 mi17$10,862,405$449,000$638,965
49675Onekama, MI 4967517.2 mi12$8,939,904$572,500$744,992
49645Kaleva, MI 4964519.2 mi7$1,189,300$169,900$169,900
49625Copemish, MI 4962520.6 mi4$906,000$225,000$226,500
49664Maple City, MI 4966422.7 mi6$8,100,960$1,099,900$1,350,160
49619Brethren, MI 4961924.2 mi7$2,920,981$394,450$417,283
49620Buckley, MI 4962025.6 mi6$1,732,350$284,950$288,725
49626Eastlake, MI 4962626.7 mi3$1,089,801$349,900$363,267
49660Manistee, MI 4966027.0 mi50$20,801,500$309,950$416,030
49654Leland, MI 4965429.3 mi7$6,406,897$729,000$915,271

Frequently Asked Questions

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

As of January 2026, there are 32 active listings in FRANKFORT, MI (zip code 49635), compared to 8 the prior year.

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

The median listing price in FRANKFORT, MI 49635 is $715,000 as of January 2026, a 70.6% increase from $419,000 the prior year.

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

Homes in FRANKFORT, MI 49635 spend an average of 135 days on the market before going under contract, compared to 155 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 January 2026, FRANKFORT, MI 49635 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 135 days on market compared to 155 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 $14,300 compared to a typical 5% commission on the median listing price of $715,000. 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.