Real Estate Statistics
|Avg. Days On Market||502|
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Check out this video for a look at Frankfort, Michigan, or click here to learn more about life in Frankfort.
Frankfort Homes for Sale
Frankfort, Michigan is one of the most desirable locales in the entire state of Michigan. Situated by the Great Lakes, Frankfort offers residents an ideal place to live, go to school, work and enjoy a vacation. As one of the most affluent areas in the entire state, Frankfort offers residents luxury living in a highly prestigious community in Western Michigan.
When looking to live in Frankfort, you will want to know about the real estate market so that you can find a home that will provide you with the most ideal living environment. Fortunately for prospective residents, Frankfort offers plenty of quality housing options for those who wish to call the city home. Whether you want to buy a single-family home, a luxury home, or a condo, Frankfort has plenty of housing options that are currently listed on the market today. So you can immediately search for a new home and begin to enjoy the many benefits of living in this popular community.
Real Estate Statistics
Today, there are lots of properties available on the market which can allow you to move into the city in the near future. Before moving to the city, you will want to know some statistics in order to get a better idea of what the current market has to offer. One of the things that you will want to be aware of is the amount of inventory for sale. According to recent statistics, there is currently 15 days worth of inventory in Frankfort. This means that selling all of the homes would take 15 days. This has been the trend during the past year according to recent data.
Another statistic that prospective homeowners in Frankfort, Michigan will want to know is the price per square foot. This helps you determine the price of a home that you will want to buy. It also gives you an indication of the home’s current market value. Today, the average price per square foot in Frankfort, Michigan is $309 which is about average for the city. So if you are looking for a home in this price range, you can easily buy one of the best homes in the city at a reasonable price range.
During the past year, the average list price for a home in Frankfort, Michigan is $709,000. While this is well above the national average for a home in the United States, it is quite reasonable for a home in one of the most renowned luxury communities in the nation. At an average of $709,000, affluent individuals can easily afford a spacious luxury home at a low price.
Whenever you evaluate the current real estate market, another factor to consider is the average days on the market. In Frankfort, Michigan, the average amount of days a listed home is on the market is currently 38 days. This is well above average compared to most other homes for sale in the state. With an average of 38 days on the market, home shoppers will have plenty of time to find and make an offer on a quality home that they are interested in purchasing.
Frankfort, MI Sale Price Listings
In Frankfort, Michigan there are two types of markets which include the condo/townhome market and the single-family home market. As of today, most single-family homes in the city are listed at $709,000. However, you can purchase a condo or townhome at an average price of $374,000. So if you are looking for smaller living space at a more affordable price, condos and townhomes are ideal options when shopping for a home in the city.
Today, Frankfort has many home sales prices that are listed in the following price ranges:
- Luxury Homes $1,000,000 and $3,500,000
- Single Family Homes $450,000 and $850,000
- Condos/Townhomes $300,000 and $500,000
The real estate market in Frankfort is one of the best among the luxury communities in Michigan. Compared to other luxury living cities in Michigan, Frankfort offers some of the most affordable housing options available. The city has plenty of single-family homes that provide you with an ideal housing option if you have a family.
Along with single-family homes, Frankfort also offers luxury homes that provide residents with even more living space, extra amenities, and a high resale value. For those who are looking to get smaller housing that is more affordable and provides you with simple low-maintenance living, there are lots of condos that you can consider purchasing when looking to move into the city.
Frankfort Community Highlights
Frankfort, Michigan is one of the cities located in Benzie County which is located in the northwestern region of the state. The city has a population of over 1,200 people as well as an elevation of 600 feet above sea level. Situated on Lake Michigan, Frankfort has established itself as one of the most popular resort locations in the state. As well as being situated by Lake Michigan, it is also near Lake Betsie as well as the Betsie River.
The city also borders Crystal Lake Township and provides convenient access to the M-22 freeway and the M-115 in the western part of the city. There is also a lighthouse called the Frankfort North Breakwater Lighthouse which is located north of Lake Michigan.
The city offers residents and visitors plenty of recreational activities as well as places to shop and dine out. There are also a number of quality schools in the city which provide children and teenagers with adequate educational options. There are also plenty of parks that provide residents with many areas to exercise and go on picnics. With many recreational activities and amenities, Frankfort, Michigan has been regarded as one of the best places to live in the state. Many people who have lived in the city have mentioned that the quality of life in the city is excellent.
Why Move to Frankfort?
Whenever you are looking to move to a new community in Michigan, Frankfort should be on your list of possible options. There are lots of reasons why you will want to move to Frankfort in the near future. One of the reasons to move to Frankfort is the recreational activities that you can enjoy. When living in the city, you can visit one of the parks to ride a bicycle or go on one of the paths that the city is known to have. This provides you with an ideal locale if you are into cycling.
Another reason to move to Frankfort is the dining establishments and places to shop in the city. Today, you can dine out at many restaurants that provide you with delicious food and quality beverages. There are also plenty of places to buy clothes, footwear, vehicles, fashion accessories, gadgets, and electronics. As a result, Frankfort is a shoppers’ paradise.
Along with recreation and dining, Frankfort also offers schools that can provide children and teenagers with the education they need. The city has many public and private schools at all levels which allow parents to send their kids to top educational institutions.
In Frankfort, there are also lots of quality homes that you can purchase as well. With a wide selection of homes, prospective residents will be able to find and purchase a home that is ideal for their lifestyle.
What it’s like living in Frankfort?
When living in Frankfort, you will be amazed at how comfortable and luxurious the community is. All of the neighborhoods are quiet and peaceful. Since it is a small city, the crime rate is extremely low so you will never have to worry about living in a dangerous place. Along with the environment being quiet and peaceful, Frankfort is also a place where there are lots of things to do. As a result, you will never get bored as you can participate in many different activities throughout the day each day during the year.
Whether you are a single person or someone with a family, Frankfort has lots to offer. Those who are looking to raise a family will have plenty of access to quality education for their children. As a result, children will have an ideal environment to learn new things and develop social connections on a regular basis. Frankfort is otherwise a very pleasant community to live in due to its many benefits.
As one of Michigan’s premier living communities, residents of the city will be able to enjoy a very luxurious environment. As well as having many amenities for recreation and education, the city has some of the best quality homes in the entire state. All of the homes in the city are well maintained and as a result, among the most valuable. By living in a luxury community, Frankfort is one of the most enjoyable places to live if you value luxury living.
If you are someone who prefers to live in a central location nearby all of the main amenities, then downtown living is ideal for you. There are plenty of homes that you can purchase that are either downtown or within a couple of miles. When living in the downtown area of the city, you will be able to enjoy easy access to all of the shops, restaurants, and entertainment venues in the city. With close proximity to all of the main attractions of the city, downtown living provides you with the most convenience as a resident of Frankfort.
While most residents of Frankfort often buy single-family and luxury homes, condo living is also an appealing option for many residents. The city has plenty of condos that are available offered at very affordable prices. This allows you to live in a quality living environment as well as one that provides you with a more compact living environment.
Since you won’t have to worry about regular maintenance, condo living allows you to enjoy home ownership without the hassles of living in a single-family home. Most condos are also closer to downtown and the main attractions of the city, so they are very desirable housing options if you prefer an active lifestyle.
As a future resident of Frankfort, Michigan, you will want to know about all of the places where you can shop. Fortunately for residents of the city, there are plenty of places to buy anything you want. In the city limits, there are clothing stores, electronics stores, shoes stores, and boutiques. All of these places provide residents with plenty of locations to check out the latest products and purchase them within a few miles of their home.
In Frankfort, Michigan, you can take advantage of many recreational activities that will make living in the city a very pleasant experience. Since it is next to Lake Michigan, you can enjoy activities such as swimming, sailing, and jet skiing. Along with activities on the lake, you can also walk, run or cycle in one of the parks as well. As a result, it is an ideal place for those who enjoy the outdoors.
The city of Frankfort has lots of schools that children and teenagers can attend at all levels. Frankfort offers pre-schools to prepare young kids for elementary school. There are also public and private elementary schools that prepare children for junior high. At the next education levels, there are both public and private middle and high schools as well. The schools are currently rated as among the best in the state so you can be assured that children will get the best possible education when living in the city.
Ideal Place to Invest in Real Estate
As well as offering affordable housing for a luxury community and plenty of education and recreational options, Frankfort is an ideal place for people to invest in real estate. Whether you are looking to purchase a second vacation home or acquire a rental property, Frankfort offers you an ideal location to buy real estate and build your investment portfolio.
Focused on Northern Michigan Investment Real Estate
Brook is focused on lifestyle real estate investment properties as most people want a vacation home to make lifelong memories that endure for their entire family, leave a profound legacy for generations, and they want a solid financial investment at the same time. While the area does have many good realtors, there aren’t many with the unique financial, vacation home investing, and technology marketing background. Brook uses his diverse skill set to help clients properly evaluate and determine whether a vacation home makes financial sense.
Continue Your Northern Michigan Real Estate Search. Explore homes and real estate in the Northern Michigan communities below or contact Brook Walsh to help you with your search.
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