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McLean County Times

Friday, November 22, 2024

Frankfort (Will County) home prices rise in January 2019

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The median sale price of a home sold in January 2019 in Frankfort in Will County rose by $32,000 while total sales remained unchanged with 21 homes sold, according to BlockShopper.com.

In January 2019, there were 21 homes sold, with a median sale price of $414,000 - a 8.4% increase over the $382,000 median sale price for the same period of the previous year. There were 21 homes sold in Frankfort in January 2018, as well.

The median sales tax in Frankfort for the most recent year with available data, 2017, was $8,791.50, approximately 2.1% of the median home sale price for January 2019.

The following table compares Frankfort to other Will County cities with similar median sales prices in January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Homer Glen1322-40.9%$426,500$320,00033.3%
Naperville4043-7%$425,000$402,5005.6%
Frankfort21210%$414,000$382,0008.4%
Manhattan9812.5%$335,887$314,5006.8%
Tinley Park28-75%$321,000$235,75036.2%
Minooka31200%$270,000$181,50048.8%
New Lenox1637-56.8%$259,000$240,0007.9%
Aurora9650%$255,000$207,50022.9%
Mokena1315-13.3%$254,250$202,50025.6%
Wilton10-$250,000$0-
Crystal Lawns12-50%$248,000$181,00037%
* This story only considers sales data for the part of Frankfort that is in Will County.

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