Frankfort Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Frankfort, KY.

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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
STOCKTON MORTGAGE CORPORATION 52 6.80% $4,812
COMMONWEALTH 48 6.38% $2,566
QUICKEN LOANS, LLC 27 6.90% $4,903
Northpointe Bank 13 7.04% $5,764
Guardian Savings Bank, A Federal Savings Bank 12 6.55% $1,014
Independence Bank of Kentucky 11 6.47% $3,176
Whitaker Bank 11 6.00% $2,033
Bank of England 11 6.90% $4,543
DAS Acquisition Company, LLC 9 6.87% $4,130
ARK-LA-TEX FINANCIAL SERVICES, LLC. 9 6.76% $5,370
JPMorgan Chase Bank 8 6.76% $3,358
Farm Credit Mid-America, ACA 8 7.05% $5,997
Fifth Third Bank 8 6.82% $4,574
UNITED WHOLESALE MORTGAGE, LLC 8 6.78% $9,784
Community Trust Bank, Inc. 7 6.66% $1,658
WesBanco 7 6.46% $4,518
HOMESIDE FINANCIAL, LLC 7 6.84% $5,220
City National Bank of West Virginia 6 6.33% $1,920
Republic State Mortgage Co. 6 6.79% $4,230
Republic Bank & Trust Company 6 6.88% $4,437
Traditional Bank, Inc. 6 6.35% $2,664
BETTER MORTGAGE CORPORATION 5 6.35% $4,660
Prosperity Home Mortgage, LLC 5 6.53% $5,404
UNION HOME MORTGAGE CORP. 5 6.83% $5,518
U.S. Bank 5 7.23% $3,701
Wells Fargo Bank 5 7.03% $5,616
LOANDEPOT.COM, LLC 5 6.60% $5,249
MUTUAL OF OMAHA MORTGAGE, INC. 5 6.95% $8,305
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 7.53% $5,492
Stock Yards Bank & Trust Company 4 6.31% $3,343
Mr. Cooper ( Nationstar Mortgage ) 4 6.90% $9,268
PNC Bank 4 7.03% $3,459
RUOFF MORTGAGE COMPANY, INC. 4 6.84% $4,509
First National Bank of America 3 9.87% $9,883
NAVY FEDERAL CREDIT UNION 3 7.54% $5,207
GENEVA FINANCIAL, LLC 3 7.33% $7,157
CHURCHILL MORTGAGE CORPORATION 3 6.50% $3,896
Old National Bank 3 6.54% $5,122
First Financial Bank 3 6.50% $4,180
BROKER SOLUTIONS, INC. 3 7.45% $5,628
ROYAL UNITED MORTGAGE LLC 3 6.79% $9,296
CROSSCOUNTRY MORTGAGE, LLC 3 6.57% $4,922
The Huntington National Bank 2 6.75% $7,306
Flagstar Bank, FSB 2 7.25% $3,931
First Savings Bank 2 7.06% $4,882
VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.12% $5,430
Central Bank 2 6.00% $3,417
Plains Commerce Bank 2 6.69% $3,475
Carrington Mortgage Services, LLC 2 5.81% $6,202
PENNYMAC LOAN SERVICES, LLC 2 6.81% $3,380
NBKC BANK 2 6.56% $3,364
Magnolia Bank 2 7.25% $3,641
DELMAR FINANCIAL COMPANY 2 6.38% $3,956
SPIRE Credit Union 2 6.13% $6,189
AMERISAVE MORTGAGE CORPORATION 2 6.63% $5,698
Peoples Bank 1 7.13% $3,721
American Mortgage & Equity Consultants, Inc. 1 7.13% $7,262
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.38% $9,000
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.75% $7,594
Barrington Bank & Trust Company, N.A. 1 7.49% $7,324
Central Kentucky Agricultural Credit Association 1 7.40% $2,827
Citizens Bank 1 6.63% $10,423
ENVOY MORTGAGE, LTD 1 7.50% $6,454
EVANSVILLE TEACHERS 1 6.50% $2,536
EVERETT FINANCIAL, INC. 1 6.25% $8,899
FAIR WAY LENDING LLC 1 5.99% $8,393
First American Bank 1 7.88% $9,297
GENERAL ELECTRIC CREDIT UNION 1 6.13% $3,017
German American Bank 1 6.63% $2,677
GUARANTEED RATE, INC. 1 6.88% $3,268
GUARANTY HOME MORTGAGE CORPORATION 1 6.75% $5,416
LAKEVIEW LOAN SERVICING, LLC 1 5.63% $6,359
L & N Federal Credit Union 1 7.63% $3,632
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 1 5.00% $3,012
Mortgage Research Center, LLC 1 6.99% $3,624
M&T Bank 1 6.25% $4,813
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.50% $3,737
NEWREZ LLC 1 5.88% $3,037
Paramount Residential Mortgage Group, Inc. 1 6.75% $6,658
PARK COMMUNITY CREDIT UNION, INC. 1 5.88% $2,141
AMERICAN FINANCING CORPORATION 1 7.63% $4,010
Peoples Exchange Bank 1 6.38% $3,052
PHH Mortgage Corporation 1 7.25% $12,856
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 5.99% $6,844
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.25% $7,695
PROVIDENT FUNDING ASSOCIATES, L.P. 1 7.38% $6,003
PURDUE FEDERAL CREDIT UNION 1 6.88% $5,129
Servion, Inc. 1 6.38% $3,382
SOUTH CENTRAL BANK, INC. 1 6.13% $3,084
Southern Bank 1 7.25% $2,161
The Citizens National Bank of Somerset 1 7.50% $1,734
THE MORTGAGE WAREHOUSE,LLC 1 6.99% $6,776
The Peoples Bank 1 6.63% $2,068
Truist 1 5.60% $3,109
Union Savings Bank 1 5.25% $1,650
USAA Federal Savings Bank 1 6.75% $4,228
VICTORY MORTGAGE, L.L.C. 1 6.25% $2,973

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. Louis
Date 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 for 2024-09-01 was $345,000, a difference of $58,000 (20.2%) versus the prior year and $0 versus the prior month.

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. Louis
Date 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 listing age (time on market) for 2024-09-01 was 0 days.

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.