Franklin County · Frankfort · population 28,610
Where Frankfort stands
At or near all-time high.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 18.0 price-to-rent ratio, Frankfort is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.
How the momentum score breaks down
methodology →Frankfort has held up across the cycle: home values at $242,983 with +6.5% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Frankfort's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Frankfort
Frankfort is a city in Franklin County, Kentucky, with an estimated population of 28,610. The median home value in Frankfort is $242,983 as of 2026-04, down 1.6% over the last 12 months. Over the last five years, home values have averaged +6.5% annual growth, with prices at or near the 5-year peak. Rents in Frankfort average $1,125 per month, up 3.9% year-over-year. The composite momentum score is 62 of 100 (Rising). The market is healthy with prices supported by underlying demand.
▲ Bull case
▼ Bear case
About Frankfort (Wikipedia)
Frankfort is the capital city of the U.S. state of Kentucky. It is a home rule-class city and the seat of Franklin County. As of the 2020 census, the population was 28,602, making it the 13th-largest city in Kentucky and 4th-smallest U.S. state capital by population. Located along the Kentucky River in the Upland South, Frankfort is the principal city of the Frankfort, Kentucky micropolitan area, which includes all of Franklin and Anderson counties.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
Playbook
You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.
Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.
Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.
Local safety & alerts
No active National Weather Service alerts for Franklin County right now.
Public-safety links are official .gov sources, not curated by us. Franklin County routes NWS alerts; check the state EM portal for non-weather emergencies.
Cities like Frankfort
Run the numbers for Frankfort
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Frankfort listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- Frankfort man indicted on 2 counts of first-degree sexual abuse of a child in Mercer CountyLEX18 · 12h ago
- Chemical exposure at Frankfort manufacturer sends 25 to be treatedFOX 56 News · 7h ago
- Kentucky honors 45 EMS workers who died in line of dutyWKYT · 6h ago
- News – Kentucky general retires after nearly four decades of serviceDVIDS · 1d ago
- Sonny’s BBQ launches Feast & Float in FrankfortLane Report · 1d ago
- Hal Rogers wins Republican Kentucky Primary for US House District 5WOWK 13 News · 1d ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local sports teams
Major professional teams the Frankfort area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Frankfort
Explore other places with comparable momentum or affordability.