Home prices
The cost of the median home in Frankton is $85,700. In comparison to the surrounding areas it is approximately $11,520 (15%) higher.It is roughly $131,800 (60%) lower compared to the rest of the country, and in comparison to the city of Fort Wayne it is about $29,400 (25%) lower.
Rents
In Frankton the median rent is $729 a month. In comparison to its nearby areas it is about $69 (8%) lower.It is approximately $333 (31%) lower compared to the United States as a whole, and in comparison to the city of Fort Wayne is approximately $35 (4%) lower.
Nearby places
Orestes
Orestes is about 3 miles northeast from Frankton. Its real estate prices are a lot less expensive. The median home value in Orestes is $56,800, which works out to $28,900 (50%) lower than Frankton. Rent there is similar. The median monthly rent in Orestes is $743, which works out to $14 (1%) higher than Frankton.
Elwood
Elwood is about 4 miles northwest of Frankton. Housing prices there are a little less expensive. The median home in Elwood is valued at $68,800, which works out to $16,900 (24%) lower than Frankton. Its rents are fairly similar. The median monthly rent in Elwood is $697, which works out to $32 (4%) lower than Frankton.
Alexandria
Alexandria is approximately 5 miles northeast of Frankton. The real estate prices there are a bit less expensive. The median home in Alexandria is valued at $72,400, which comes out to $13,300 (18%) lower than Frankton. Its rents are somewhat more expensive. The median monthly rent in Alexandria is $780, which comes out to $51 (6%) higher than Frankton.
Edgewood
Edgewood is roughly 8 miles south of Frankton. Its real estate prices are somewhat more expensive. The price of the median home in Edgewood is $107,500, which is $21,800 (20%) higher than Frankton. Its rents are a lot more expensive. In Edgewood the median monthly rent is $1,145, which is $416 (36%) higher than Frankton.
Summitville
Summitville is about 9 miles northeast from Frankton. Its real estate prices are a little less expensive. The median home price in Summitville is $65,400, which is $20,300 (31%) lower than Frankton. Its rents are a bit less expensive. The median monthly rent in Summitville is $623, which is $106 (17%) lower than Frankton.
