49635
Frankfort, Michigan.
Frankfort, Benzie County, MI · Traverse City, MI metro · population 3,339
to buy the typical home at today's mortgage rate — +$1,691 (+161%) since Jan 2020.
- 1 year
- Up $35,831 +7%
- $485,999$521,830 since Sep 2025
- 5 years
- Up $129,292 +33%
- $392,538$521,830 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 49635$2,739
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 49635 rose 7.4% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Frankfort, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49635
Mid-tier homes, smoothed and seasonally adjusted.
- 49635$521,830
- Traverse City$419,457
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.1 | 49616 | Benzonia | 2,162 | — | $331,299 |
| 7.7 | 49617 | Beulah | 3,526 | — | $431,214 |
| 8.1 | 49613 | Arcadia | 528 | — | $421,707 |
| 10.1 | 49640 | Honor | 1,252 | — | $418,258 |
| 13.3 | 49614 | Bear Lake | 2,678 | — | $312,708 |
| 14.0 | 49683 | Thompsonville | 2,225 | — | $303,510 |
| 17.0 | 49650 | Lake Ann | 3,411 | — | $407,336 |
| 17.2 | 49675 | Onekama | 901 | — | $357,333 |
| 17.5 | 49643 | Interlochen | 6,963 | — | $367,181 |
| 19.2 | 49645 | Kaleva | 1,923 | — | $220,212 |
| 19.8 | 49636 | Glen Arbor | 643 | — | $685,721 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.