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McLean County Times

Wednesday, April 24, 2024

Frankfort (Will County) home prices fall in November 2019

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The median sale price of a home sold in November 2019 in Frankfort in Will County fell by $12,550 while total sales increased by 4.3%, according to BlockShopper.com.

In November 2019, there were 24 homes sold, with a median sale price of $342,450 - a 3.5% decrease over the $355,000 median sale price for the same period of the previous year. There were 23 homes sold in Frankfort in November 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 November 2019.

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

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Lincolnwood Hills110%$520,000$161,000223%
Naperville3743-14%$435,000$426,0002.1%
Frankfort24234.3%$342,450$355,000-3.5%
Homer Glen2633-21.2%$337,000$350,000-3.7%
Mokena1619-15.8%$295,000$217,00035.9%
Aurora1718-5.6%$272,000$257,4505.7%
Plainfield4467-34.3%$259,000$280,000-7.5%
New Lenox32313.2%$258,000$267,450-3.5%
Minooka30-$257,000$0-
Monee45-20%$248,450$150,00065.6%
Shorewood1521-28.6%$248,000$252,000-1.6%
* This story only considers sales data for the part of Frankfort that is in Will County.

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