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McLean County Times

Sunday, June 29, 2025

May 2021: Frankfort (Will County) experienced a 11.1% drop in median home prices

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The median sale price of a home sold in May 2021 in Frankfort in Will County fell by $47,500 while total sales increased by 75%, according to BlockShopper.com.

In May 2021, there were 35 homes sold, with a median sale price of $380,000 - a 11.1% decrease over the $427,500 median sale price for the same period of the previous year. There were 20 homes sold in Frankfort in May 2020.

The median sales tax in Frankfort for the most recent year with available data, 2019, was $9,026, approximately 2.4% of the median home sale price for May 2021.

The following table compares Frankfort to other Will County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Brook Crossings Estates10-$580,000$0-
Naperville664934.7%$527,500$415,00027.1%
Boula12-50%$430,000$185,000132.4%
Tinley Park93200%$395,000$390,0001.3%
Frankfort352075%$380,000$427,500-11.1%
Mokena309233.3%$379,500$213,75077.5%
Homer Glen272317.4%$363,500$305,00019.2%
Plainfield745729.8%$351,000$298,00017.8%
Minooka20-$319,700$0-
Willowbrook24-50%$302,500$246,95022.5%
New Lenox484117.1%$299,950$309,900-3.2%
* This story only considers sales data for the part of Frankfort that is in Will County.

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