Market Overview
Home Prices in Frankford, DE
The median home value in Frankford, DE is $481,321 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.2% compared to a year ago and down 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Frankford are priced17% above average. Frankford is part of the Salisbury, MD-DE metro area.
Over the past five years, Frankford home values have risen by approximately15.8%, reflecting steady appreciation in this market.
Price History
Frankford Home Price Trend
City Comparison
Frankford vs. National Median
At $481,321, homes in Frankford cost 17% above the national median of $410,000. Buyers in Frankford should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Frankford?
20% Down Payment
$96,264
on $481,321
Monthly P&I
$2,510/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,188/mo
incl. taxes & insurance
Income Needed
$127,520
gross annual (30% rule)
10% Down Option
$48,132
+ PMI applies
Loan Amount (20% dn)
$385,057
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Frankford, DE?
The median home value in Frankford is $481,321 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.2% year-over-year.
How much have home prices changed in Frankford?
Over the past year, home values in Frankford have decreased by 2.2%. Over five years, prices have risen approximately 15.8%.
How much do I need to earn to buy a home in Frankford?
To comfortably afford the median home price of $481,321 with a 20% down payment ($96,264) at today's rates (6.8%), you'd need a gross annual income of approximately $127,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Frankford compare to the national average home price?
The national median home value is approximately $410,000. At $481,321, homes in Frankford are 17% above the national average.
What metro area is Frankford part of?
Frankford is part of the Salisbury, MD-DE metropolitan area. Home prices and market conditions can vary across the broader metro region.