McLean County Times

McLean County Times

Thursday, February 27, 2020

Frankfort (Will County) home prices fall in December 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Re 7

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:

City
Dec. 2019 Home Sales
Dec. 2018 Home Sales
% change (Total Home Sales)
Dec. 2019 Median Sales Price
Dec. 2018 Median Sales Price
% change (Median Sales Price)
Naperville
43
44
-2.3%
$435,000
$390,300
11.5%
Graver Country Estates
1
1
0%
$367,500
$458,000
-19.8%
Frankfort
37
31
19.4%
$332,900
$425,000
-21.7%
Homer Glen
12
18
-33.3%
$330,250
$347,500
-5%
Tinley Park
3
7
-57.1%
$330,000
$350,000
-5.7%
Brook Crossings Estates
1
1
0%
$326,000
$308,000
5.8%
Lincoln Estates
1
0
-
$320,000
$0
-
New Lenox
43
34
26.5%
$308,295
$267,500
15.3%
Mokena
18
19
-5.3%
$307,000
$309,000
-0.6%
Willowbrook
3
0
-
$305,000
$0
-
Manhattan
23
21
9.5%
$279,000
$243,000
14.8%
* This story only considers sales data for the part of Frankfort that is in Will County.

Want to get notified whenever we write about Will County Recorder ?

Sign-up Next time we write about Will County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Will County Recorder

More News