Home Value Trail

Frankfort, IN micropolitan area: home price history and building permits

Indiana1 county33,322 residents (2025 estimate)

  • FHFA annual index 1990 to 2025
  • Developmental index
  • Release of

The FHFA annual house price index for Frankfort, IN increased by 122.1% from 2015 to 2025. From 2020 to 2025, the index increased by 67.9%. From 2024 to 2025, the index increased by 5.5%.

2015

+122.1%

From 2015 to 2025, the FHFA annual all-transactions index for Frankfort, IN increased by 122.1%.

From 2015 to 2025, the average change in each year is +8.3%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Frankfort, IN+122.1%
Indiana+94.5%
United States+85.0%
Frankfort, IN FHFA annual all-transactions index, 100 in 1990
  • Frankfort, IN
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span
Index values for each year
FHFA annual all-transactions index for Frankfort, IN, 1990 to 2025
YearIndexChange from the year before
2025406.54+5.5%
2024385.38+8.0%
2023356.90+11.6%
2022319.88+17.8%
2021271.43+12.1%
2020242.09+8.3%
2019223.55+5.2%
2018212.49+7.9%
2017196.99+2.5%
2016192.14+5.0%
2015183.01+3.2%
2014177.33+2.4%
2013173.15−0.1%
2012173.27−0.1%
2011173.40−1.7%
2010176.32−2.0%
2009179.89−2.1%
2008183.74−0.5%
2007184.68+0.1%
2006184.46−1.0%
2005186.37+2.8%
2004181.36+1.5%
2003178.63+0.1%
2002178.42+0.3%
2001177.90+2.1%
2000174.28+4.5%
1999166.78+3.3%
1998161.40+4.3%
1997154.75+5.5%
1996146.71+5.4%
1995139.23+11.3%
1994125.15+6.8%
1993117.17+3.7%
1992113.03+6.9%
1991105.75+5.8%
1990100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Frankfort, IN. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Frankfort, IN and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Frankfort, IN+5.5%+67.9%+122.1%+118.1%+133.3%+8.3%
Indiana+4.3%+53.4%+94.5%+98.0%+126.2%+6.9%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

Each row uses FHFA's annual all-transactions index and the same two years.

Drawdowns

A drawdown is a decline of 5% or more of the annual index from a peak.

Drawdowns of the index of Frankfort, IN, deepest first
PeakLowDeclineBack at the peak
20052013−7.1%2016

Decade by decade

Change in the index of Frankfort, IN in each decade
DecadeChangeUnited StatesBar
1990s1990 to 2000+74.3%+33.9%
2000s2000 to 2010+1.2%+29.7%
2010s2010 to 2020+37.3%+35.5%
2020s so far2020 to 2025+67.9%+47.0%

The index is 100 in the first year with a value for the area (1990 here). The change in a decade is the index at the end of the decade divided by the index at the start. The base year has no effect on it.

Building permits in the area

In the 12 months to August 2026, building permits in the county of the area authorized 50 housing units. That is 1.5 units for each 1,000 residents.

Housing units authorized by month, latest 60 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in the Frankfort, IN micropolitan area, by month
MonthAll units1 unit2 or more units
Aug 2026110
Jul 2026000
Jun 2026220
May 2026220
Apr 2026000
Mar 2026440
Feb 202614140
Jan 2026440
Dec 2025330
Nov 202511110
Oct 2025330
Sep 2025660
Aug 2025550
Jul 2025440
Jun 2025330
May 2025770
Apr 202510100
Mar 2025532
Feb 2025770
Jan 2025330
Dec 2024550
Nov 2024770
Oct 2024880
Sep 2024880
Aug 2024550
Jul 2024330
Jun 2024770
May 2024330
Apr 2024330
Mar 2024440
Feb 2024440
Jan 2024220
Dec 2023220
Nov 2023220
Oct 2023440
Sep 2023550
Aug 2023770
Jul 2023660
Jun 2023660
May 2023440
Apr 2023440
Mar 2023330
Feb 2023220
Jan 2023110
Dec 2022220
Nov 2022440
Oct 2022550
Sep 2022550
Aug 2022550
Jul 2022330
Jun 2022990
May 2022440
Apr 2022330
Mar 2022330
Feb 202212120
Jan 2022990
Dec 2021000
Nov 2021000
Oct 2021000
Sep 2021000
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in the Frankfort, IN micropolitan area, by year
YearAll units1 unit2 or more units
202536342
202459590
202346460
202261610
202153530
202048480
201942402
201832284
20171214477
201626260
201533330
201424240
201328280
2012000
201133294
201013130
200916160
200844440
200744440
200649490
200554540
200454486
200372648
200295932
20011008812
200077734
199984813
19981191190
19971081080
19961241240
19951431430

The counts are the sums of the county files of the Building Permits Survey for the counties of the area (OMB delineation of July 2023).

Counties of the area

Counties of the Frankfort, IN micropolitan area, by name
CountyState1 year10 yearsUnits, 12 months
Clinton CountyIN+5.5%+122.1%50

Agency pages

  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.
  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.

Each link loaded on .

Cite this page

Home Value Trail. Frankfort, IN home price history. https://homevaluetrail.com/metro/23140-frankfort/. Source: Federal Housing Finance Agency, annual house price index for CBSAs (developmental); US Census Bureau, Building Permits Survey. FHFA release of .

Where the figures come from

Index
FHFA annual house price index for CBSAs, all transactions, 1990 to 2025. Release of March 31, 2026.
Other levels
FHFA annual indexes for the states and the United States, from the same release.
Building permits
US Census Bureau, Building Permits Survey, county files through August 2026, added for the counties of the area.
Counties of the area
OMB delineation of core based statistical areas, July 2023.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

Which years had the largest changes in the index for Frankfort, IN?
The largest increase in one year was 17.8%, from 2021 to 2022. The largest decrease in one year was 2.1%, from 2008 to 2009.
How did the index for Frankfort, IN change over 20 years?
From 2005 to 2025, the index for Frankfort, IN increased by 118.1%. In the same years, the index for Indiana increased by 98.0%. In the same years, the index for the United States increased by 79.1%.
What is the highest value of the index for Frankfort, IN?
The index is 100 in 1990, the first year with a value for this area. The highest annual value is 406.54, in 2025.
Which counties are in the Frankfort, IN area?
The area has 1 county in the delineation of July 2023. The Census Bureau estimates 33,322 residents for 2025.