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McLean County Times

Thursday, April 25, 2024

Frankfort (Will County) home prices fall in December 2019

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The median sale price of a home sold in December 2019 in Frankfort in Will County fell by $92,100 while total sales increased by 19.4%, according to BlockShopper.com.

In December 2019, there were 37 homes sold, with a median sale price of $332,900 - a 21.7% decrease over the $425,000 median sale price for the same period of the previous year. There were 31 homes sold in Frankfort in December 2018.

The median sales tax in Frankfort for the most recent year with available data, 2018, was $8,819, approximately 2.6% of the median home sale price for December 2019.

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

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Naperville4344-2.3%$435,000$390,30011.5%
Graver Country Estates110%$367,500$458,000-19.8%
Frankfort373119.4%$332,900$425,000-21.7%
Homer Glen1218-33.3%$330,250$347,500-5%
Tinley Park37-57.1%$330,000$350,000-5.7%
Brook Crossings Estates110%$326,000$308,0005.8%
Lincoln Estates10-$320,000$0-
New Lenox433426.5%$308,295$267,50015.3%
Mokena1819-5.3%$307,000$309,000-0.6%
Willowbrook30-$305,000$0-
Manhattan23219.5%$279,000$243,00014.8%
* This story only considers sales data for the part of Frankfort that is in Will County.

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