House Prices

House Prices & Home Values Frankfort, MI 2026


Average Data

average house price$335,800
average size per house1357 ft²
average price per ft²248 $ / ft²

04/16/2026 - The value range (VR) for house prices in Frankfort, MI is $247/ sqft to $247/ sqft. An average home with 1357 sqft costs approximately $335,179 to $335,179. Frankfort, MI includes 1 ZIP codes and it is located in Benzie county. The lowest prices are found in ZIP 49635, while the highest are in ZIP 49635. The average price per sqare feet is $248. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Frankfort

49635239 $ / ft²




Historical development of home values in Frankfort

Year Estimated value (USD) Change vs. 2025
2010 $155,952 -53.6%
2011 $149,921 -55.4%
2012 $149,517 -55.5%
2013 $155,106 -53.8%
2014 $162,818 -51.5%
2015 $171,175 -49.0%
2016 $180,108 -46.4%
2017 $189,829 -43.5%
2018 $200,324 -40.3%
2019 $209,613 -37.6%
2020 $220,448 -34.4%
2021 $250,736 -25.3%
2022 $292,302 -13.0%
2023 $308,246 -8.2%
2024 $326,079 -2.9%
2025 $335,800 0.0%

Graph: estimated home values in Frankfort over time (USD)



Example: 100% financing house in Frankfort

Loan amount: $335,800

Interest rate: 6.00%

Fixed monthly payment: $2,013.29

Breakdown in the 1st month:
Interest portion: $1,679.00  –  Principal portion: $334.29

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,035.82 $4,123.66 $331,676.34
2 $19,781.49 $4,378.00 $327,298.33
3 $19,511.46 $4,648.03 $322,650.31
4 $19,224.78 $4,934.71 $317,715.60
5 $18,920.42 $5,239.07 $312,476.53
6 $18,597.28 $5,562.20 $306,914.33
7 $18,254.22 $5,905.27 $301,009.06
8 $17,890.00 $6,269.49 $294,739.57
9 $17,503.31 $6,656.18 $288,083.38
10 $17,092.77 $7,066.72 $281,016.66
11 $16,656.91 $7,502.58 $273,514.08
12 $16,194.17 $7,965.32 $265,548.76
13 $15,702.88 $8,456.61 $257,092.16
14 $15,181.30 $8,978.19 $248,113.97
15 $14,627.54 $9,531.95 $238,582.02
16 $14,039.63 $10,119.86 $228,462.16
17 $13,415.46 $10,744.03 $217,718.14
18 $12,752.79 $11,406.69 $206,311.44
19 $12,049.25 $12,110.23 $194,201.21
20 $11,302.32 $12,857.17 $181,344.04
21 $10,509.32 $13,650.17 $167,693.87
22 $9,667.41 $14,492.08 $153,201.79
23 $8,773.57 $15,385.92 $137,815.87
24 $7,824.60 $16,334.89 $121,480.98
25 $6,817.10 $17,342.39 $104,138.59
26 $5,747.46 $18,412.03 $85,726.56
27 $4,611.84 $19,547.65 $66,178.91
28 $3,406.19 $20,753.30 $45,425.61
29 $2,126.17 $22,033.32 $23,392.29
30 $767.20 $23,392.29 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Frankfort, MI


1500 sqft3900 sqft
Ø selling price$450,121$957,529
Ø fast selling$409,201$861,776
Ø high price sale$491,041$1,053,281

In 2026, houses in Frankfort, MI will be offered at an average price of $248 per square foot. A 1,500 sqft home priced at $450,121 is 22.22% more expensive per square foot than a 3,900 sqft home priced at $957,529. Home prices in Frankfort, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $662,904. Sellers who can wait longer may achieve a higher price of up to $810,217.


Visit Frankfort, Michigan

Overview

Frankfort, MI is a charming Lake Michigan harbor town in Benzie County known for sugar-sand beaches and sunset views.
Set where Betsie Lake meets Lake Michigan, Frankfort Michigan offers a walkable downtown with boutiques, galleries, and cafes.
The scenic M-22 corridor makes it a popular base for exploring the Sleeping Bear Dunes area and Northern Michigan shoreline.

Top attractions and outdoor recreation

Iconic landmarks include the Frankfort North Breakwater Lighthouse at the pier and the historic Point Betsie Lighthouse just up the coast.
Families love the wide public beach, playgrounds, and accessible boardwalks that frame the harbor.
Nearby Crystal Lake, Betsie River, and the Betsie Valley Trail invite swimming, paddling, cycling, and birding.

Food, lodging, and seasons

Anglers target salmon and trout in the Manitou Passage and Betsie River, while seasonal charters depart right from the marina.
After adventures, refuel in downtown Frankfort at craft breweries like Stormcloud Brewing Company, fresh-catch restaurants, and cozy coffee shops.
Lodging spans vintage motels, lakeside inns, and vacation rentals with walk-to-beach convenience.

Plan your trip

Visit in summer for beach days, in fall for blazing M-22 color tours, or in winter for snowshoeing and cross-country skiing, and you will see why Frankfort MI is a four-season getaway.



FAQ – Home Values in Frankfort

What is the median home value in Frankfort in 2026?

In 2026, the typical home value in Frankfort is about $335,800 for an average home size of 1357 square feet. This corresponds to an average price of roughly $248 per square foot.

What is the average cost per square foot in Frankfort?

In 2026, homes in Frankfort sell for an average of around $248 per square foot, with a typical range between $247 and $247 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Frankfort is about 1357 square feet, with an estimated 2026 value around $335,800.



Locations close to Frankfort, MI

Glen Arbor, MI118 $ / ft²
Grawn, MI223 $ / ft²
Harrietta, MI50 $ / ft²
Filer City, MI50 $ / ft²
Fife Lake, MI321 $ / ft²
Falmouth, MI146 $ / ft²
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