In March 2020, there were 19 homes sold, with a median sale price of $280,000 - a 21.9% decrease over the $358,500 median sale price for the same period of the previous year. There were 34 homes sold in Frankfort in March 2019.
The median sales tax in Frankfort for the most recent year with available data, 2018, was $8,819, approximately 3.1% of the median home sale price for March 2020.
The following table compares Frankfort to other Will County cities with similar median sales prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Arbury Hills | 1 | 0 | - | $359,900 | $0 | - |
| Mokena | 15 | 12 | 25% | $340,000 | $287,500 | 18.3% |
| Homer Glen | 27 | 26 | 3.8% | $326,000 | $355,000 | -8.2% |
| Plainfield | 42 | 48 | -12.5% | $315,450 | $287,250 | 9.8% |
| Willowbrook | 2 | 1 | 100% | $309,500 | $229,900 | 34.6% |
| Frankfort | 19 | 34 | -44.1% | $280,000 | $358,500 | -21.9% |
| Custer Park | 2 | 0 | - | $273,250 | $0 | - |
| New Lenox | 24 | 31 | -22.6% | $269,950 | $256,000 | 5.4% |
| Tinley Park | 6 | 2 | 200% | $266,500 | $239,250 | 11.4% |
| Minooka | 2 | 4 | -50% | $262,500 | $302,750 | -13.3% |
| Shorewood | 16 | 21 | -23.8% | $247,500 | $220,001 | 12.5% |
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