Frankfort Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Frankfort averaged
5.9%
for the week of 2024-10-03, compared to the national average of
6.12% for the same period.
The average rate for the prior week (2024-09-26) was
6.06% and
one month ago for the week of 2024-08-29, the
average rate was 6.33%.
Frankfort's average rate one year ago was 7.09%.
For refis of the same type during the week of 2024-10-03, the average rate
was 6.72%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-03 | 6.12% |
Frankfort 30 Year Fixed Rate | 2024-10-03 | 5.9% |
Frankfort 30 Year Fixed Rate Refi | 2024-10-03 | 6.72% |
Frankfort 15 Year Fixed Rate | 2024-10-03 | 5.05% |
Frankfort 15 Year Fixed Rate Refi | 2024-10-03 | 5.25% |
Frankfort 30 Year FHA | 2024-10-03 | 5.81% |
Frankfort 30 Year FHA Refi | 2024-10-03 | 5.69% |
Frankfort 30 Year USDA | 2024-10-03 | 5.97% |
Frankfort 30 Year USDA Refi | 2024-10-03 | 5.77% |
Frankfort 30 Year VA | 2024-10-03 | 5.76% |
Frankfort 30 Year VA Refi | 2024-10-03 | 5.4% |
Frankfort Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Frankfort, KY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Frankfort Average Closing Costs & Other Stats
Frankfort, KY's 97 lenders originated 1,651
loans during 2023. The total origination value was $273,775,000, with an average loan value of
$165,824.
Frankfort's average closing costs are $4,398.
The top Frankfort lender as defined by loan originations is STOCKTON MORTGAGE CORPORATION, with
52 loans originated. Their average total fees are
$4,812, which is $2,246
higher than the next largest lender,
COMMONWEALTH.
The lowest fee Frankfort lenders (with over 10 loans originated) are
Guardian Savings Bank, A Federal Savings Bank ($1,014), Whitaker Bank ($2,033), COMMONWEALTH ($2,566), Independence Bank of Kentucky ($3,176) and Bank of England ($4,543).
The lowest rate Frankfort lenders (with over 10 loans originated) are
Whitaker Bank (6.00%), COMMONWEALTH (6.38%), Independence Bank of Kentucky (6.47%), Guardian Savings Bank, A Federal Savings Bank (6.55%) and STOCKTON MORTGAGE CORPORATION (6.80%).
Frankfort, KY Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
COMMONWEALTH | $43,325,000 | $32,940,000 | -24.0% | 12.0% |
STOCKTON MORTGAGE CORPORATION | $35,480,000 | $24,610,000 | -30.6% | 9.0% |
QUICKEN LOANS, LLC | $24,255,000 | $12,815,000 | -47.2% | 4.7% |
Community Trust Bank, Inc. | $14,215,000 | $10,190,000 | -28.3% | 3.7% |
FIELD & MAIN BANK, INC. | $7,755,000 | n/a | 2.8% | |
Independence Bank of Kentucky | $7,570,000 | $7,685,000 | 1.5% | 2.8% |
Mortgage Research Center, LLC | $7,320,000 | $7,445,000 | 1.7% | 2.7% |
WesBanco | $6,905,000 | $7,310,000 | 5.9% | 2.7% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $6,375,000 | $6,395,000 | 0.3% | 2.3% |
Northpointe Bank | $1,225,000 | $6,210,000 | 406.9% | 2.3% |
UNITED WHOLESALE MORTGAGE, LLC | $8,815,000 | $5,705,000 | -35.3% | 2.1% |
Traditional Bank, Inc. | $21,680,000 | $5,640,000 | -74.0% | 2.1% |
Guardian Savings Bank, A Federal Savings Bank | $7,630,000 | $5,200,000 | -31.8% | 1.9% |
City National Bank of West Virginia | $195,000 | $4,860,000 | 2,392.3% | 1.8% |
Fifth Third Bank | $8,725,000 | $4,755,000 | -45.5% | 1.7% |
Bank of England | $3,115,000 | $4,625,000 | 48.5% | 1.7% |
Farm Credit Mid-America, ACA | $3,845,000 | $4,510,000 | 17.3% | 1.6% |
First Financial Bank | $4,030,000 | $4,480,000 | 11.2% | 1.6% |
Republic State Mortgage Co. | $9,945,000 | $4,085,000 | -58.9% | 1.5% |
HOMESIDE FINANCIAL, LLC | $2,540,000 | $3,640,000 | 43.3% | 1.3% |
UNIVERSITY OF KENTUCKY | $6,975,000 | $3,455,000 | -50.5% | 1.3% |
Whitaker Bank | $1,605,000 | $3,345,000 | 108.4% | 1.2% |
GENEVA FINANCIAL, LLC | $4,830,000 | $2,695,000 | -44.2% | 1.0% |
Republic Bank & Trust Company | $6,735,000 | $2,585,000 | -61.6% | 0.9% |
NAVY FEDERAL CREDIT UNION | $2,085,000 | $2,375,000 | 13.9% | 0.9% |
DAS Acquisition Company, LLC | $3,105,000 | $2,290,000 | -26.2% | 0.8% |
LOANDEPOT.COM, LLC | $3,390,000 | $2,160,000 | -36.3% | 0.8% |
PENNYMAC LOAN SERVICES, LLC | $2,925,000 | $2,095,000 | -28.4% | 0.8% |
RUOFF MORTGAGE COMPANY, INC. | $1,020,000 | $1,995,000 | 95.6% | 0.7% |
U.S. Bank | $1,770,000 | $1,980,000 | 11.9% | 0.7% |
JPMorgan Chase Bank | $3,275,000 | $1,965,000 | -40.0% | 0.7% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,865,000 | $1,940,000 | -71.7% | 0.7% |
Stock Yards Bank & Trust Company | $715,000 | $1,925,000 | 169.2% | 0.7% |
UNION HOME MORTGAGE CORP. | $1,090,000 | $1,880,000 | 72.5% | 0.7% |
Central Bank | $2,245,000 | $1,845,000 | -17.8% | 0.7% |
Old National Bank | $3,090,000 | $1,765,000 | -42.9% | 0.6% |
Wells Fargo Bank | $1,350,000 | $1,715,000 | 27.0% | 0.6% |
MUTUAL OF OMAHA MORTGAGE, INC. | $2,300,000 | $1,635,000 | -28.9% | 0.6% |
PNC Bank | $3,775,000 | $1,630,000 | -56.8% | 0.6% |
Century Mortgage Company DBA Century Lending Company | $1,780,000 | $1,620,000 | -9.0% | 0.6% |
L & N Federal Credit Union | $55,000 | $1,620,000 | 2,845.5% | 0.6% |
Prosperity Home Mortgage, LLC | $2,485,000 | $1,590,000 | -36.0% | 0.6% |
BETTER MORTGAGE CORPORATION | $385,000 | $1,510,000 | 292.2% | 0.6% |
Mr. Cooper ( Nationstar Mortgage ) | $3,785,000 | $1,465,000 | -61.3% | 0.5% |
BROKER SOLUTIONS, INC. | $1,485,000 | $1,400,000 | -5.7% | 0.5% |
FREEDOM MORTGAGE CORPORATION | $3,620,000 | $1,340,000 | -63.0% | 0.5% |
CROSSCOUNTRY MORTGAGE, LLC | $980,000 | $1,325,000 | 35.2% | 0.5% |
Citizens Commerce Bank | $7,805,000 | $1,300,000 | -83.3% | 0.5% |
Peoples Exchange Bank | $2,680,000 | $1,200,000 | -55.2% | 0.4% |
AMERISAVE MORTGAGE CORPORATION | $3,035,000 | $1,145,000 | -62.3% | 0.4% |
Magnolia Bank | $2,075,000 | $1,095,000 | -47.2% | 0.4% |
The Huntington National Bank | $1,110,000 | $1,040,000 | -6.3% | 0.4% |
PLANET HOME LENDING, LLC | $1,030,000 | n/a | 0.4% | |
ROYAL UNITED MORTGAGE LLC | $365,000 | $1,020,000 | 179.5% | 0.4% |
USAA Federal Savings Bank | $1,490,000 | $1,005,000 | -32.6% | 0.4% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $320,000 | $975,000 | 204.7% | 0.4% |
SOUTH CENTRAL BANK, INC. | $755,000 | $955,000 | 26.5% | 0.3% |
INTERLINC MORTGAGE SERVICES, LLC | $380,000 | $900,000 | 136.8% | 0.3% |
Carrington Mortgage Services, LLC | $2,495,000 | $895,000 | -64.1% | 0.3% |
Bank of Lexington, Inc. | $560,000 | $880,000 | 57.1% | 0.3% |
The Monticello Banking Company | $875,000 | n/a | 0.3% | |
Truist | $1,990,000 | $860,000 | -56.8% | 0.3% |
NEWREZ LLC | $1,310,000 | $845,000 | -35.5% | 0.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,700,000 | $840,000 | -50.6% | 0.3% |
The Farmers Bank | $1,030,000 | $805,000 | -21.8% | 0.3% |
VANDERBILT MORTGAGE AND FINANCE, INC. | $790,000 | $780,000 | -1.3% | 0.3% |
The Peoples Bank | $240,000 | $735,000 | 206.3% | 0.3% |
SPIRE Credit Union | $710,000 | n/a | 0.3% | |
Barrington Bank & Trust Company, N.A. | $275,000 | $690,000 | 150.9% | 0.3% |
MOVEMENT MORTGAGE, LLC | $695,000 | $620,000 | -10.8% | 0.2% |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $610,000 | n/a | 0.2% | |
First National Bank of America | $75,000 | $605,000 | 706.7% | 0.2% |
GUARANTY HOME MORTGAGE CORPORATION | $1,995,000 | $605,000 | -69.7% | 0.2% |
AgFirst Farm Credit Bank | $690,000 | $585,000 | -15.2% | 0.2% |
German American Bank | $1,050,000 | $585,000 | -44.3% | 0.2% |
GUARANTEED RATE, INC. | $1,310,000 | $575,000 | -56.1% | 0.2% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,585,000 | $570,000 | -64.0% | 0.2% |
PENTAGON FEDERAL CREDIT UNION | $1,055,000 | $560,000 | -46.9% | 0.2% |
PHH Mortgage Corporation | $445,000 | $545,000 | 22.5% | 0.2% |
Flagstar Bank, FSB | $435,000 | $525,000 | 20.7% | 0.2% |
ENVOY MORTGAGE, LTD | $1,050,000 | $515,000 | -51.0% | 0.2% |
The Federal Savings Bank | $625,000 | $515,000 | -17.6% | 0.2% |
THRIVE MORTGAGE, LLC | $310,000 | $510,000 | 64.5% | 0.2% |
ENDEAVOR CAPITAL, LLC. | $235,000 | $495,000 | 110.6% | 0.2% |
Citizens Bank | $2,350,000 | $490,000 | -79.1% | 0.2% |
Plains Commerce Bank | $315,000 | $485,000 | 54.0% | 0.2% |
The Citizens National Bank of Somerset | $2,760,000 | $485,000 | -82.4% | 0.2% |
Bank of the Bluegrass & Trust Co. | $460,000 | n/a | 0.2% | |
CHURCHILL MORTGAGE CORPORATION | $680,000 | $455,000 | -33.1% | 0.2% |
VICTORY MORTGAGE, L.L.C. | $450,000 | n/a | 0.2% | |
First American Bank | $445,000 | n/a | 0.2% | |
NEW DAY FINANCIAL, LLC | $1,155,000 | $445,000 | -61.5% | 0.2% |
Peoples Bank | $225,000 | $435,000 | 93.3% | 0.2% |
THE MORTGAGE WAREHOUSE,LLC | $185,000 | $430,000 | 132.4% | 0.2% |
FIRST STATE MORTGAGE SERVICES, LLC | $425,000 | n/a | 0.2% | |
BAYSHORE MORTGAGE FUNDING, LLC | $420,000 | n/a | 0.2% | |
First Savings Bank | $375,000 | $420,000 | 12.0% | 0.2% |
CALIBER HOME LOANS, INC. | $1,035,000 | $415,000 | -59.9% | 0.2% |
First Federal Bank | $415,000 | n/a | 0.2% | |
EVANSVILLE TEACHERS | $2,170,000 | $410,000 | -81.1% | 0.1% |
Paramount Residential Mortgage Group, Inc. | $585,000 | $410,000 | -29.9% | 0.1% |
PARK COMMUNITY CREDIT UNION, INC. | $1,500,000 | $405,000 | -73.0% | 0.1% |
EVERETT FINANCIAL, INC. | $1,005,000 | $400,000 | -60.2% | 0.1% |
Renasant Bank | $400,000 | n/a | 0.1% | |
Limestone Bank, Inc. | $2,710,000 | $385,000 | -85.8% | 0.1% |
NBKC BANK | $430,000 | $380,000 | -11.6% | 0.1% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $195,000 | $375,000 | 92.3% | 0.1% |
Central Kentucky Agricultural Credit Association | $105,000 | $360,000 | 242.9% | 0.1% |
DELMAR FINANCIAL COMPANY | $360,000 | n/a | 0.1% | |
TOP FLITE FINANCIAL, INC. | $600,000 | $350,000 | -41.7% | 0.1% |
PROVIDENT FUNDING ASSOCIATES, L.P. | $1,565,000 | $335,000 | -78.6% | 0.1% |
Ameris Bank | $325,000 | n/a | 0.1% | |
American Mortgage & Equity Consultants, Inc. | $315,000 | n/a | 0.1% | |
GoPrime Mortgage, Inc. | $295,000 | n/a | 0.1% | |
BNC National Bank | $285,000 | n/a | 0.1% | |
LAKEVIEW LOAN SERVICING, LLC | $525,000 | $280,000 | -46.7% | 0.1% |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $275,000 | n/a | 0.1% | |
PURDUE FEDERAL CREDIT UNION | $275,000 | n/a | 0.1% | |
TOTAL MORTGAGE SERVICES, LLC | $275,000 | n/a | 0.1% | |
MID AMERICA MORTGAGE, INC. | $270,000 | n/a | 0.1% | |
EMM LOANS LLC | $700,000 | $260,000 | -62.9% | 0.1% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $175,000 | $255,000 | 45.7% | 0.1% |
FIRST COMMUNITY MORTGAGE, INC. | $265,000 | $255,000 | -3.8% | 0.1% |
SOUTHWEST STAGE FUNDING, LLC | $245,000 | n/a | 0.1% | |
FAIR WAY LENDING LLC | $195,000 | $235,000 | 20.5% | 0.1% |
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $235,000 | n/a | 0.1% | |
Farmers Bank and Trust Company | $1,420,000 | $225,000 | -84.2% | 0.1% |
Equity Prime Mortgage LLC | $565,000 | $215,000 | -61.9% | 0.1% |
SPRING EQ, LLC | $130,000 | $200,000 | 53.8% | 0.1% |
PACIFIC RESIDENTIAL MORTGAGE, LLC | $195,000 | n/a | 0.1% | |
Quontic Bank | $195,000 | $195,000 | 0.0% | 0.1% |
CLASS ACT FEDERAL CREDIT UNION | $190,000 | n/a | 0.1% | |
RELIANCE FIRST CAPITAL, LLC | $185,000 | n/a | 0.1% | |
Cincinnati Federal | $175,000 | n/a | 0.1% | |
Kentucky Farmers Bank Corporation | $175,000 | n/a | 0.1% | |
SOVEREIGN LENDING GROUP INCORPORATED | $310,000 | $175,000 | -43.5% | 0.1% |
BAY EQUITY LLC | $1,000,000 | $165,000 | -83.5% | 0.1% |
Union Savings Bank | $235,000 | $155,000 | -34.0% | 0.1% |
21ST MORTGAGE CORPORATION | $285,000 | $150,000 | -47.4% | 0.1% |
MEMBERS HERITAGE Credit Union | $310,000 | $145,000 | -53.2% | 0.1% |
Servion, Inc. | $145,000 | n/a | 0.1% | |
Abound Federal Credit Union | $345,000 | $135,000 | -60.9% | 0.0% |
SWBC MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
AMERICAN HERITAGE LENDING, INC. | $420,000 | $125,000 | -70.2% | 0.0% |
AMERICAN INTERNET MORTGAGE, INC. | $125,000 | n/a | 0.0% | |
Discover Bank | $355,000 | $125,000 | -64.8% | 0.0% |
GUILD MORTGAGE COMPANY | $125,000 | n/a | 0.0% | |
Coastal Community Bank | $120,000 | n/a | 0.0% | |
NATIONWIDE MORTGAGE BANKERS, INC. | $115,000 | n/a | 0.0% | |
SUCCESS MORTGAGE PARTNERS, INC. | $165,000 | $115,000 | -30.3% | 0.0% |
T2 FINANCIAL LLC | $115,000 | n/a | 0.0% | |
USE Credit Union | $115,000 | n/a | 0.0% | |
Bank First, N.A. | $105,000 | n/a | 0.0% | |
M&T Bank | $155,000 | $105,000 | -32.3% | 0.0% |
Southern Bank | $95,000 | n/a | 0.0% | |
GENERAL ELECTRIC CREDIT UNION | $85,000 | n/a | 0.0% | |
LENDINGHOME FUNDING CORPORATION | $85,000 | n/a | 0.0% | |
The Lincoln National Bank of Hodgenville | $75,000 | n/a | 0.0% | |
AMERICAN FINANCING CORPORATION | $160,000 | $65,000 | -59.4% | 0.0% |
ALTRA | $25,000 | $45,000 | 80.0% | 0.0% |
Cumberland Valley National Bank & Trust Company | $35,000 | n/a | 0.0% | |
Bank of America | $290,000 | $25,000 | -91.4% | 0.0% |
Frankfort's top lender by overall market share is COMMONWEALTH, with 12.0% market share. In second place, with 9.0%, is STOCKTON MORTGAGE CORPORATION, having originated $24,610,000 in loans. In third place, with 4.7%, is QUICKEN LOANS, LLC, having originated $12,815,000 in loans. In fourth place, with 3.7%, is Community Trust Bank, Inc., having originated $10,190,000 in loans. In fifth place, with 2.8%, is FIELD & MAIN BANK, INC., having originated $7,755,000 in loans.
Frankfort Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Frankfort (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $179,900 (20.0%) | $234,071 (17.6%) | 0.00 | 246 |
2018-02-01 | $175,200 (7.9%) | $233,568 (5.9%) | 0.00 | 229 |
2018-03-01 | $172,450 (6.2%) | $230,636 (0.7%) | 0.00 | 222 |
2018-04-01 | $197,450 (19.7%) | $252,258 (7.6%) | 0.00 | 223 |
2018-05-01 | $209,375 (26.4%) | $256,449 (11.2%) | 0.00 | 245 |
2018-06-01 | $219,000 (27.0%) | $262,650 (10.8%) | 0.00 | 251 |
2018-07-01 | $224,900 (25.0%) | $265,752 (10.1%) | 0.00 | 283 |
2018-08-01 | $224,975 (25.4%) | $267,644 (10.0%) | 0.00 | 296 |
2018-09-01 | $227,500 (27.1%) | $269,349 (8.0%) | 0.00 | 285 |
2018-10-01 | $214,100 (16.1%) | $265,416 (7.8%) | 0.00 | 276 |
2018-11-01 | $195,829 (7.9%) | $251,637 (2.4%) | 0.00 | 268 |
2018-12-01 | $189,900 (4.3%) | $246,015 (1.5%) | 0.00 | 256 |
2019-01-01 | $189,075 (5.1%) | $235,776 (0.7%) | 0.00 | 247 |
2019-02-01 | $190,950 (9.0%) | $251,182 (7.5%) | 0.00 | 239 |
2019-03-01 | $206,943 (20.0%) | $265,193 (15.0%) | 0.00 | 224 |
2019-04-01 | $223,375 (13.1%) | $282,163 (11.9%) | 0.00 | 208 |
2019-05-01 | $219,900 (5.0%) | $282,608 (10.2%) | 0.00 | 211 |
2019-06-01 | $218,000 (-0.5%) | $278,600 (6.1%) | 0.00 | 192 |
2019-07-01 | $193,725 (-13.9%) | $262,645 (-1.2%) | 0.00 | 219 |
2019-08-01 | $198,691 (-11.7%) | $261,111 (-2.4%) | 0.00 | 224 |
2019-09-01 | $205,052 (-9.9%) | $262,052 (-2.7%) | 0.00 | 223 |
2019-10-01 | $209,225 (-2.3%) | $262,679 (-1.0%) | 0.00 | 233 |
2019-11-01 | $218,400 (11.5%) | $282,147 (12.1%) | 0.00 | 241 |
2019-12-01 | $215,900 (13.7%) | $287,080 (16.7%) | 0.00 | 236 |
2020-01-01 | $219,250 (16.0%) | $287,263 (21.8%) | 0.00 | 216 |
2020-02-01 | $226,750 (18.8%) | $299,098 (19.1%) | 0.00 | 191 |
2020-03-01 | $245,236 (18.5%) | $305,023 (15.0%) | 0.00 | 174 |
2020-04-01 | $244,639 (9.5%) | $303,086 (7.4%) | 0.00 | 165 |
2020-05-01 | $259,860 (18.2%) | $334,162 (18.2%) | 0.00 | 158 |
2020-06-01 | $252,000 (15.6%) | $357,114 (28.2%) | 0.00 | 131 |
2020-07-01 | $255,425 (31.9%) | $349,922 (33.2%) | 0.00 | 134 |
2020-08-01 | $242,120 (21.9%) | $320,788 (22.9%) | 0.00 | 122 |
2020-09-01 | $234,650 (14.4%) | $317,210 (21.1%) | 0.00 | 117 |
2020-10-01 | $213,450 (2.0%) | $312,062 (18.8%) | 0.00 | 123 |
2020-11-01 | $215,900 (-1.1%) | $298,751 (5.9%) | 0.00 | 127 |
2020-12-01 | $199,500 (-7.6%) | $275,044 (-4.2%) | 0.00 | 126 |
2021-01-01 | $195,000 (-11.1%) | $271,927 (-5.3%) | 0.00 | 113 |
2021-02-01 | $250,650 (10.5%) | $311,071 (4.0%) | 0.00 | 83 |
2021-03-01 | $252,175 (2.8%) | $304,138 (-0.3%) | 0.00 | 74 |
2021-04-01 | $257,400 (5.2%) | $286,813 (-5.4%) | 0.00 | 58 |
2021-05-01 | $263,970 (1.6%) | $298,726 (-10.6%) | 0.00 | 62 |
2021-06-01 | $229,450 (-9.0%) | $285,507 (-20.1%) | 0.00 | 76 |
2021-07-01 | $240,000 (-6.0%) | $285,188 (-18.5%) | 0.00 | 98 |
2021-08-01 | $234,975 (-3.0%) | $267,570 (-16.6%) | 0.00 | 108 |
2021-09-01 | $240,825 (2.6%) | $280,858 (-11.5%) | 0.00 | 124 |
2021-10-01 | $229,900 (7.7%) | $280,683 (-10.1%) | 0.00 | 133 |
2021-11-01 | $238,625 (10.5%) | $273,328 (-8.5%) | 0.00 | 118 |
2021-12-01 | $229,675 (15.1%) | $279,180 (1.5%) | 0.00 | 105 |
2022-01-01 | $222,500 (14.1%) | $270,704 (-0.5%) | 0.00 | 94 |
2022-02-01 | $231,975 (-7.5%) | $272,826 (-12.3%) | 0.00 | 74 |
2022-03-01 | $268,575 (6.5%) | $293,104 (-3.6%) | 0.00 | 62 |
2022-04-01 | $279,900 (8.7%) | $263,607 (-8.1%) | 0.00 | 56 |
2022-05-01 | $278,725 (5.6%) | $290,312 (-2.8%) | 0.00 | 56 |
2022-06-01 | $279,106 (21.6%) | $294,436 (3.1%) | 0.00 | 64 |
2022-07-01 | $279,000 (16.3%) | $318,575 (11.7%) | 0.00 | 87 |
2022-08-01 | $282,000 (20.0%) | $327,579 (22.4%) | 0.00 | 104 |
2022-09-01 | $296,500 (23.1%) | $338,394 (20.5%) | 0.00 | 114 |
2022-10-01 | $294,700 (28.2%) | $343,167 (22.3%) | 0.00 | 134 |
2022-11-01 | $287,625 (20.5%) | $340,287 (24.5%) | 0.00 | 143 |
2022-12-01 | $285,000 (24.1%) | $335,950 (20.3%) | 0.00 | 133 |
2023-01-01 | $310,700 (39.6%) | $354,477 (31.0%) | 0.00 | 115 |
2023-02-01 | $299,450 (29.1%) | $344,475 (26.3%) | 0.00 | 106 |
2023-03-01 | $317,975 (18.4%) | $349,575 (19.3%) | 0.00 | 105 |
2023-04-01 | $315,928 (12.9%) | $343,931 (30.5%) | 0.00 | 91 |
2023-05-01 | $327,414 (17.5%) | $360,095 (24.0%) | 0.00 | 82 |
2023-06-01 | $351,215 (25.8%) | $364,602 (23.8%) | 0.00 | 94 |
2023-07-01 | $333,658 (19.6%) | $350,292 (10.0%) | 0.00 | 101 |
2023-08-01 | $324,950 (15.2%) | $355,026 (8.4%) | 0.00 | 88 |
2023-09-01 | $287,000 (-3.2%) | $343,409 (1.5%) | 0.00 | 103 |
2023-10-01 | $307,200 (4.2%) | $349,205 (1.8%) | 0.00 | 112 |
2023-11-01 | $302,975 (5.3%) | $349,171 (2.6%) | 0.00 | 117 |
2023-12-01 | $299,900 (5.2%) | $337,211 (0.4%) | 0.00 | 105 |
2024-01-01 | $309,900 (-0.3%) | $344,113 (-2.9%) | 0.00 | 97 |
2024-02-01 | $304,475 (1.7%) | $343,427 (-0.3%) | 0.00 | 87 |
2024-03-01 | $344,950 (8.5%) | $349,013 (-0.2%) | 0.00 | 87 |
2024-04-01 | $340,445 (7.8%) | $380,689 (10.7%) | 0.00 | 101 |
2024-05-01 | $372,450 (13.8%) | $431,743 (19.9%) | 0.00 | 101 |
2024-06-01 | $346,530 (-1.3%) | $389,537 (6.8%) | 0.00 | 119 |
2024-07-01 | $329,250 (-1.3%) | $391,456 (11.8%) | 0.00 | 137 |
2024-08-01 | $345,000 (6.2%) | $387,748 (9.2%) | 0.00 | 149 |
2024-09-01 | $345,000 (20.2%) | $368,668 (7.4%) | 0.00 | 169 |
Frankfort's median listing price comes in at 0% of the national average.
Frankfort's average listing price for 2024-09-01 was $368,668, a difference of $25,259 (7.4%) versus the prior year and $-19,080 versus the prior month.
For the 2024-09-01 period, Frankfort had 169 MLS listings, a difference of 20 listings (13%) versus the prior month and 66 listings (64%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Frankfort (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,818 sqft |
2018-02-01 | 0 days | 1,788 sqft |
2018-03-01 | 0 days | 1,765 sqft |
2018-04-01 | 0 days | 1,867 sqft |
2018-05-01 | 0 days | 1,960 sqft |
2018-06-01 | 0 days | 2,022 sqft |
2018-07-01 | 0 days | 2,033 sqft |
2018-08-01 | 0 days | 2,077 sqft |
2018-09-01 | 0 days | 2,041 sqft |
2018-10-01 | 0 days | 1,992 sqft |
2018-11-01 | 0 days | 1,890 sqft |
2018-12-01 | 0 days | 1,859 sqft |
2019-01-01 | 0 days | 1,818 sqft |
2019-02-01 | 0 days | 1,850 sqft |
2019-03-01 | 0 days | 1,926 sqft |
2019-04-01 | 0 days | 2,011 sqft |
2019-05-01 | 0 days | 2,024 sqft |
2019-06-01 | 0 days | 2,024 sqft |
2019-07-01 | 0 days | 1,948 sqft |
2019-08-01 | 0 days | 1,898 sqft |
2019-09-01 | 0 days | 1,877 sqft |
2019-10-01 | 0 days | 1,863 sqft |
2019-11-01 | 0 days | 1,874 sqft |
2019-12-01 | 0 days | 1,883 sqft |
2020-01-01 | 0 days | 1,898 sqft |
2020-02-01 | 0 days | 1,975 sqft |
2020-03-01 | 0 days | 2,014 sqft |
2020-04-01 | 0 days | 2,013 sqft |
2020-05-01 | 0 days | 2,039 sqft |
2020-06-01 | 0 days | 2,037 sqft |
2020-07-01 | 0 days | 2,038 sqft |
2020-08-01 | 0 days | 1,943 sqft |
2020-09-01 | 0 days | 1,829 sqft |
2020-10-01 | 0 days | 1,803 sqft |
2020-11-01 | 0 days | 1,817 sqft |
2020-12-01 | 0 days | 1,722 sqft |
2021-01-01 | 0 days | 1,777 sqft |
2021-02-01 | 0 days | 1,916 sqft |
2021-03-01 | 0 days | 1,868 sqft |
2021-04-01 | 0 days | 1,825 sqft |
2021-05-01 | 0 days | 1,804 sqft |
2021-06-01 | 0 days | 1,777 sqft |
2021-07-01 | 0 days | 1,786 sqft |
2021-08-01 | 0 days | 1,764 sqft |
2021-09-01 | 0 days | 1,763 sqft |
2021-10-01 | 0 days | 1,669 sqft |
2021-11-01 | 0 days | 1,660 sqft |
2021-12-01 | 0 days | 1,677 sqft |
2022-01-01 | 0 days | 1,619 sqft |
2022-02-01 | 0 days | 1,571 sqft |
2022-03-01 | 0 days | 1,728 sqft |
2022-04-01 | 0 days | 1,736 sqft |
2022-05-01 | 0 days | 1,732 sqft |
2022-06-01 | 0 days | 1,743 sqft |
2022-07-01 | 0 days | 1,807 sqft |
2022-08-01 | 0 days | 1,830 sqft |
2022-09-01 | 0 days | 1,923 sqft |
2022-10-01 | 0 days | 1,977 sqft |
2022-11-01 | 0 days | 1,892 sqft |
2022-12-01 | 0 days | 1,863 sqft |
2023-01-01 | 0 days | 2,026 sqft |
2023-02-01 | 0 days | 1,972 sqft |
2023-03-01 | 0 days | 2,018 sqft |
2023-04-01 | 0 days | 1,903 sqft |
2023-05-01 | 0 days | 1,916 sqft |
2023-06-01 | 0 days | 2,031 sqft |
2023-07-01 | 0 days | 2,010 sqft |
2023-08-01 | 0 days | 1,936 sqft |
2023-09-01 | 0 days | 1,836 sqft |
2023-10-01 | 0 days | 1,906 sqft |
2023-11-01 | 0 days | 1,829 sqft |
2023-12-01 | 0 days | 1,804 sqft |
2024-01-01 | 0 days | 1,800 sqft |
2024-02-01 | 0 days | 1,756 sqft |
2024-03-01 | 0 days | 1,844 sqft |
2024-04-01 | 0 days | 1,831 sqft |
2024-05-01 | 0 days | 1,957 sqft |
2024-06-01 | 0 days | 2,010 sqft |
2024-07-01 | 0 days | 1,994 sqft |
2024-08-01 | 0 days | 2,015 sqft |
2024-09-01 | 0 days | 1,938 sqft |
Frankfort's median square footage for active listings during the 2024-09-01 period was 1,938 sqft. One year prior, the average listing was 1,836 sqft.
Frankfort, KY Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 838 | $189,850,000 | $226,551 |
Home Improvement | 238 | $16,970,000 | $71,303 |
Other | 229 | $16,805,000 | $73,384 |
Cash Out Refi | 199 | $28,755,000 | $144,497 |
Refi | 147 | $21,395,000 | $145,544 |
Frankfort's most frequently cited loan purpose was Home Purchase, with 838 originations. The 2nd most popular reason was Home Improvement, with 238 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 563 | $113,785,000 | $202,105 |
7-8% | 391 | $62,735,000 | $160,448 |
Over 8% | 374 | $32,930,000 | $88,048 |
5-6% | 212 | $44,880,000 | $211,698 |
<2.5% | 36 | $2,640,000 | $73,333 |
3-4% | 30 | $860,000 | $28,667 |
4-5% | 10 | $1,840,000 | $184,000 |
2.5-3% | 2 | $160,000 | $80,000 |
During 2023, Frankfort's most frequently originated rate bucket was 6-7%, with 563 originations.
Loan Sizing (Frankfort, KY MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100,000 or less | 594 | $29,880,000 | $50,303 |
$100k-200k | 547 | $82,485,000 | $150,795 |
$200k-400k | 439 | $114,985,000 | $261,925 |
$400k-600k | 50 | $23,110,000 | $462,200 |
$600k-1000k | 17 | $11,775,000 | $692,647 |
$Over $1MM | 4 | $11,540,000 | $2,885,000 |
Frankfort's loan sizing saw the bucket of loans from $100,000 or less with 594 originations, totaling $29,880,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 559 | $130,085,000 | $232,710 |
Under 20% | 300 | $11,280,000 | $37,600 |
60-80% | 296 | $62,160,000 | $210,000 |
20-40% | 273 | $23,425,000 | $85,806 |
40-60% | 170 | $27,570,000 | $162,176 |
Over 100% | 17 | $4,955,000 | $291,471 |
Frankfort's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 559 originations, totaling $130,085,000 in origination value.