Frankford

Why you'd want to live in Frankford

Frankford was established in 1808 by the founding of a country store, Long’s Store on Vines Branch. At first, Frankford was a part of a plantation belonging to David Long; it was called “Forest Flower” around c.1750. Then in a land grant, as part of a plantation, it was called “Partnership” in c. 1775. In c. 1800, the area was referred to as “Jacob’s Mill Pond”. It acquired the recognition as Long’s Store on Vine’s Branch in c. 1808. By c. 1812, most people knew the area as Gum’s Store. Around c. 1848, most people were calling it the Town of Frankford, even though we have definite proof it was Frankford as early as c. 1820. Regardless of what the Town has been referred to by title, the founding or settlement of the Town originates around the Old country Store, owned by Isaiah Long on Vine’s Branch. The Town has been the home to quite a few noteworthy sea captains such as Captain John E. Harmon, Capt. Ebe T. Chandler, Capt. Robert Dasey, and Capt. Joshua Townsend. Three of the sea captains homes are still present today. There were several forms of transportation used throughout the history of the Town of Frankford. The first major form of transportation was the use of Vine’s Branch Canal developed as a utilized waterway. Then came the development of roads commonly referred to as “overland routes”. A new development in transportation came along as the railroad. Utilizing the railroad as a form of transportation enabled the residents to prosper and create industry. There was a shift in businesses from the water transportation venue to closer to the railroad end of town. Lastly, was the development of the highway by Coleman DuPont in 1924 which ran the entire length of the State of Delaware. This allowed for cross state traveling, heavier load capacity and inter-locking highways to adjoining states. via frankford.delaware.gov

Frankford Market Report

$429,306

AVERAGE PRICE OF 118 HOMES

$1,549,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,644,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$387,600

AVERAGE PRICE OF 44 NEWLY BUILT HOMES

$1,357,500

AVERAGE PRICE OF 4 HOMES WITH A POOL

$227,400

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $429,306
Avg Bedrooms 2.58 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $130,000
2 bedrooms $260,780
3 bedrooms $334,012
4 bedrooms $399,665
5 bedrooms $471,196
Frankford Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 135 164 160 164 159
Average Price $378,358 $358,682 $347,313 $344,309 $344,538
Avg Price Change +5.49% +3.27% +0.87% -0.07% +0.25%
Median Price $349,983 $349,900 $335,342 $329,520 $326,674
Med Price Change +0.02% +4.34% +1.77% +0.87% -0.83%
Avg Bedrooms 2.54 beds 2.57 beds 2.52 beds 2.44 beds 2.4 beds
Avg Bathrooms 2.05 baths 2.09 baths 2.01 baths 1.93 baths 1.9 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Indian Riv 28 $374,486 111 days
Indian River 22 $324,063 196 days
Sussex Central 2 $226,450 37 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 118 $429,306 193 days
Distressed Homes 2 $1,549,000 459 days
Multi-Million Dollar Homes 5 $2,644,000 287 days
Newly Built Homes 44 $387,600 122 days
Homes with a Pool 4 $1,357,500 71 days
Reduced Price Homes 2 $227,400 28 days
Iron Valley Real Estate | Frank Hornstein Group
Frank Hornstein
17527 Nassau Commons Boulevard
Rehoboth Beach, DE 19971
Cell: 302-604-4746
Office: 302-541-8787

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