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Frankfort, IN 46041 Housing Market

Data snapshot: October 19, 2026. Closed-sale window: last 6 months.
Frankfort, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 3434PendingPending sales: 11
Frankfort, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $271k$271kSoldMedian sold price (last 6 months): $205k$205k
What homes actually sell for in Frankfort, IN
Distribution of 174 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $160k to $275k
$80k to $129k: 19 sales$80k$129k to $178k: 30 sales$178k to $227k: 46 sales46sales$178k$227k to $275k: 29 sales$275k to $324k: 13 sales$275k$324k to $373k: 9 sales$373k to $421k: 6 sales$373k$421k to $470k: 4 salesMedian $205k

What the numbers say

As of October 19, 2026, Resideline is tracking 34 active listings and 1 pending sales in ZIP code 46041. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $270,990, while the median of the 174 closed sales Resideline tracked over the last six months was $205,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 46041 for 88 days.

Frequently asked questions

What is the median home price in 46041?

The median closed sale price in Frankfort, IN 46041 was $205,000 over the last six months, based on 174 closed sales tracked by Resideline. The middle half of those sales ranged from $160,000 to $275,000.

Is 46041 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 34 active listings in 46041, a pending-to-active ratio of 0.03. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 46041 currently looks like a balanced market.

Nearby ZIP code market data

Full Frankfort, IN housing market report →

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