Is Frankfort, OH 45628 a buyer’s or seller’s market?

The Frankfort housing market right now

In the three months ending August 31, 2026, 44% of homes in Frankfort, OH 45628 sold above their list price, the typical home went under contract in 35 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 40%, homes sold faster (48 days then) and the median sale price rose 33% to $364,842. Overall, Frankfort is more competitive than a year ago, so tougher for buyers.

Within Ross County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 57%.

Nearby, buyers who want less competition could look at Bainbridge 45612 (0% sold over asking) or Adelphi 43101 (0% sold over asking), while Richmond Dale 45673 (100% sold over asking) and Kingston 45644 (50% sold over asking) are even more competitive.