Is Frankston, TX 75763 a buyer’s or seller’s market?
Frankston is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 30% of U.S. ZIP codes, and #248 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Frankston housing market right now
In the three months ending August 31, 2026, 13% of homes in Frankston, TX 75763 sold above their list price, the typical home went under contract in 52 days and there were 6 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. That’s based on 15 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold faster (75 days then) and the median sale price rose 5% to $282,778. Overall, Frankston is more competitive than a year ago, so tougher for buyers.
Within Anderson County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Frankston ranks #248 of 868 TX ZIP codes with enough sales (score 33 out of 100).
Nearby, buyers who want less competition could look at Tennessee Colony 75861 (0% sold over asking) or Elkhart 75839 (0% sold over asking).
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Nearby markets
Elkhart 75839Buyer’s market $73 /sq ftMontalba 75853 — /sq ftPalestine 75801Balanced $144 /sq ftPalestine 75803Balanced $138 /sq ft Browse all markets →Towns like Frankston nearby
Find towns like Frankston in other states →Where Frankston is
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Questions about Frankston real estate
Is Frankston a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Frankston, TX 75763 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Frankston?
The typical home went under contract in 52 days in the latest three months.
Do homes in Frankston sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Frankston?
About 0.92% of a home’s value a year in Anderson County, or roughly $3,680 on a $400,000 home.
What is the median home price in Frankston?
The median sale price was $282,778 in the three months ending August 31, 2026, about $173 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology