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Frankfort, IN 46041 Housing Market

Data snapshot: November 9, 2026. Closed-sale window: last 6 months.
Frankfort, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 3131PendingPending sales: 44
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): $273k$273kSoldMedian sold price (last 6 months): $203k$203k
What homes actually sell for in Frankfort, IN
Distribution of 169 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $160k to $275k
$80k to $129k: 21 sales$80k$129k to $178k: 26 sales$178k to $226k: 49 sales49sales$178k$226k to $275k: 22 sales$275k to $324k: 23 sales$275k$324k to $372k: 7 sales$372k to $421k: 3 sales$372k$421k to $470k: 2 salesMedian $203k

What the numbers say

As of November 9, 2026, Resideline is tracking 31 active listings and 4 pending sales in ZIP code 46041. That pending-to-active ratio of 0.13 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $272,990, while the median of the 169 closed sales Resideline tracked over the last six months was $203,000. 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 109 days.

Frequently asked questions

What is the median home price in 46041?

The median closed sale price in Frankfort, IN 46041 was $203,000 over the last six months, based on 169 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 4 pending sales against 31 active listings in 46041, a pending-to-active ratio of 0.13. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,798 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.12. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 46041 is currently a typical-pace market.

Nearby ZIP code market data

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