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Advertise here →Frankfort, KY · Houses & Market Data
Frankfort, Kentucky houses and real estate market data.
Houses in Frankfort, KY (Franklin County) — Census median home value $171,600, county listing prices down about 3.6% over the past year. Market data for Frankfort houses and the broader area.
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Frankfort, KY is in Franklin County, Kentucky — this guide covers houses in Frankfort and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 28,452, with a median household income of $54,438. Census data puts Frankfort houses at a median value of $171,600 (all owner-occupied homes); Franklin County's current median listing price runs $317,425, down about 3.6% over the past year.
Info from government sites and builders may have provided source info.
Market overview
Frankfort housing market
Frankfort is in Franklin County, Kentucky. Manifest Census and county price-trend data provide baseline context for houses in Frankfort and the surrounding county market.
Median home value (Census ACS)
$171,600
Population (Census ACS)
28,452
Median household income
$54,438
County price trend (2025)
1.59% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Frankfort market snapshot
Population
28,452
County
Franklin County
Median Household Income
$54,438
Median Home Value (city)
$171,600
Median Listing Price (Franklin County)
$317,425
Median Gross Rent
$935/mo
Price Trend (YoY)
-3.6%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Frankfort different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Frankfort's median home value — across all owner-occupied homes, not just recent sales — at $171,600. Separately, Franklin County's current median listing price (via Realtor.com data, 2026-06-01) runs $317,425. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Franklin County's FHFA house price index shows a 1.59% annual change in 2025.
Population & Income
Frankfort has an estimated population of 28,452 and a median household income of $54,438, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Frankfort's Census-reported median home value works out to about 3.2x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Frankfort
County guide: Franklin County — cities, market context, and local resources for the county that includes Frankfort.
USAHouses.com also helps visitors looking in nearby Franklin County and other Kentucky communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
More Kentucky cities with market guides: Lexington-Fayette, Bowling Green, Owensboro, Covington, Georgetown, Richmond, Florence, Elizabethtown.
Lexington-Fayette market data
Same-state city guide
Bowling Green market data
Same-state city guide
Owensboro market data
Same-state city guide
Covington market data
Same-state city guide
Georgetown market data
Same-state city guide
Richmond market data
Same-state city guide
Florence market data
Same-state city guide
Elizabethtown market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Midway (~10.3 mi), Lawrenceburg (~11.3 mi), Stamping Ground (~11.4 mi), Versailles (~12.7 mi), Monterey (~15.9 mi), Georgetown (~18.5 mi), Gratz (~19.7 mi), Sadieville (~21.6 mi), Owenton (~23.8 mi).
New construction: New homes near Frankfort (Lexington) · New homes near Frankfort (Louisville) · Kentucky new construction.
Census & home facts
Frankfort data from published sources
Population (ACS 2023)
28,452
Median home value (ACS 2023)
$171,600
Median household income (ACS 2023)
$54,438
Median gross rent (ACS 2023)
$935
County FHFA annual change (2025)
1.59%
County median listing price (FRED/Realtor.com) (2026-06-01)
$317,425
Census place type
city
County
Franklin County
Land area (Census Gazetteer 2024)
14.77 sq mi
Census GEOID
2128900
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Frankfort
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Majestic Manor ↗
Century Complete · Lawrenceburg, Kentucky · ~9.3 mi · from $261,990
Monterra ↗
Fischer Homes · Versailles, Kentucky · ~12.7 mi
The Reserve At Paynes Crossing ↗
Ball Homes · Versailles, Kentucky · ~12.7 mi
Paynes Crossing ↗
Ball Homes · Versailles, Kentucky · ~12.7 mi
South Crossing ↗
Ball Homes · Georgetown, Kentucky · ~19.2 mi
Local life
Life in Frankfort
Schools
Franklin County — 16 schools, 6,126 students enrolled, per the U.S. Department of Education's Common Core of Data. Franklin addresses may be served by Franklin County, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Frankfort FAQ
What are houses worth in Frankfort, KY?
The Census Bureau's American Community Survey puts the median value of houses in Frankfort at $171,600. Franklin County's current median listing price runs $317,425, down about 3.6% over the past year.
How much do houses cost in Frankfort, KY?
For owner-occupied houses in Frankfort, Census ACS data shows a median value of $171,600. Active listing prices in Franklin County may differ — see the market snapshot above.
What types of houses are in Frankfort, KY?
Frankfort houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Franklin County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Frankfort, KY?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Frankfort's population at approximately 28,452.
What's the median rent in Frankfort, KY?
The Census ACS estimates median gross rent in Frankfort at approximately $935 per month.
What is the median household income in Frankfort, KY?
Census ACS data puts the median household income in Frankfort at approximately $54,438.
Is the Frankfort housing market growing?
Franklin County's FHFA house price index shows a 1.59% annual change in 2025.
Is Frankfort, KY affordable relative to income?
Census ACS data puts Frankfort's median home value at about 3.2 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Frankfort, KY?
Manifest and public school-directory data suggest Franklin County for many Frankfort addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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