Property prices for sale in Frankfort (Kentucky)

The price per sq.feet in Frankfort has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,687. In the following month the price per sq.feet increased considerably to $2,186. The price for the following two months in (December, January) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 52 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,431 to $741.5 during February, and March.

Based upon to the price in Frankfort (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $297,723. During November the price went through a considerable rise reaching $361,093. In the following two months the average price has remained the same with regard to the previous two months from $329,408 to $316,032. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $322,720 to $290,514 in February and March.

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $286,714 they are 43 % more affordable than the average price for Frankfort. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $279,786.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $556 / sq.feet price in Frankfort. The properties with the highest average prices have 3 bedrooms. They are 121 % more expensive than the average followed by properties with 4 bedrooms with a price at $762 / sq.feet.

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $286,714 it is 63 % cheaper than the average price in Frankfort. "Condo" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Commercial". At a price of $616,333 it is 167 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $63 / sq.feet followed by "Condo" priced at $203 / sq.feet. "Land" is the most costly type of property with a $12,561 / sq.feet cost followed by "Farm" with an average price of $6,555 / sq.feet.