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Frankfort

Why you'd want to live in Frankfort

Frankfort, Illinois, offers a picturesque blend of small-town charm and modern conveniences that attract residents seeking a serene suburban lifestyle. Located southwest of Chicago, Frankfort boasts a quaint downtown area dotted with boutique shops, cozy cafes, and family-owned restaurants, creating a welcoming atmosphere for both residents and visitors. The community takes pride in its top-rated schools, recreational amenities such as parks and trails, and a calendar full of community events that foster a strong sense of belonging. With its well-maintained neighborhoods and diverse housing options ranging from historic homes to newer developments, Frankfort appeals to families and individuals looking to settle in a tranquil yet dynamic environment within easy reach of urban amenities.

Frankfort Market Report

$638,622

AVERAGE PRICE OF 168 HOMES

$425,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,748,876

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$779,127

AVERAGE PRICE OF 25 NEWLY BUILT HOMES

$698,840

AVERAGE PRICE OF 10 HOMES WITH A POOL

$661,371

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $638,622
Avg Bedrooms 2.98 beds
Avg Bathrooms 2.54 baths

Average Price by Bedrooms

2 bedrooms $387,611
3 bedrooms $447,467
4 bedrooms $646,471
5 bedrooms $681,961
Frankfort Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 159 152 152 155 143
Average Price $638,708 $618,152 $573,871 $571,788 $575,575
Avg Price Change +3.33% +7.72% +0.36% -0.66% -7.02%
Median Price $560,819 $560,155 $551,310 $531,969 $512,325
Med Price Change +0.12% +1.60% +3.64% +3.83% -9.66%
Avg Bedrooms 2.97 beds 2.85 beds 2.7 beds 2.75 beds 2.68 beds
Avg Bathrooms 2.47 baths 2.4 baths 2.36 baths 2.44 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lincoln-Way East High School 66 $613,897 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 168 $638,622 92 days
Distressed Homes 1 $425,000 1 day
Multi-Million Dollar Homes 19 $1,748,876 129 days
Newly Built Homes 25 $779,127 145 days
Homes with a Pool 10 $698,840 23 days
Reduced Price Homes 7 $661,371 19 days
Metro Chicago Home Listings
Shena Omotola
1 Westbrook Corporate Center #300
Westchester, IL 60154
630-517-0350

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