From January through June of 2021, there were 249 homes sold, with a median sale price of $412,500 - a 5.1% increase over the $392,500 median sale price for the same period of the previous year. There were 130 homes sold in Frankfort in the first half of 2020.
The median sales tax in Frankfort for the most recent year with available data, 2019, was $9,026, approximately 2.2% of the median home sale price for the first half of 2021.
The following table compares Frankfort to other Will County cities with similar median sale prices in the first half of 2021:
| City | Jan. - June 2021 Home Sales | Jan. - June 2020 Home Sales | % change (Total Home Sales) | Jan. - June 2021 Median Sales Price | Jan. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Naperville | 384 | 284 | 35.2% | $510,500 | $428,576.50 | 19.1% |
| Frankfort | 249 | 130 | 91.5% | $412,500 | $392,500 | 5.1% |
| Wheatland View | 4 | 2 | 100% | $403,000 | $322,500 | 25% |
| River Edge Estates | 1 | 3 | -66.7% | $396,000 | $335,000 | 18.2% |
| Lincoln Estates | 2 | 0 | - | $387,000 | $0 | - |
| Graver Country Estates | 2 | 2 | 0% | $381,750 | $400,000 | -4.6% |
| Homer Glen | 174 | 136 | 27.9% | $379,500 | $322,250 | 17.8% |
| Spencer | 2 | 2 | 0% | $359,250 | $319,904 | 12.3% |
| Brook Crossings Estates | 4 | 3 | 33.3% | $352,450 | $343,000 | 2.8% |
| Mokena | 161 | 87 | 85.1% | $334,900 | $278,000 | 20.5% |
| Tinley Park | 46 | 40 | 15% | $333,750 | $240,500 | 38.8% |
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