Frankfort, IL, Real Estate

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Frankfort is a village in Will County, Illinois. According to the 2010 census, Frankfort had a population of 17,782, at one time it was one of the fastest growing suburbs in the United States.

Frankfort currently has 98 single family homes for sale with an average list price of $656,721, 9 townhouses for sale with an average list price of $589,289, 2 condos for sale with an average list price of $229,950, and 18 lots for sale with an average list price of $498,944. The average annual property tax for Frankfort is $9,191.

Current Homes for Sale

Homes 98 for sale

Condos 2 for sale

Townhouses 9 for sale

Multi-unit 0 for sale

Lots/Land 18 for sale

Manufactured 7 for sale

Foreclosures 0 for sale

New Construction 22 for sale

Photos

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Schools

School	District	Level	Grades
Arbury Hills Elementary School	Flossmoor School District 161	Elementary	1-4
Chelsea Elementary School	Frankfort School District 157-C	Elementary	3-5
Connor Shaw Center	Peotone School District 207-U	Elementary	5
Dr Julian Rogus School	Summit Hill School District 161	Elementary	K-4
Green Garden Elementary School	Peotone School District 207-U	Elementary	P-4
Mary Drew Elementary School	Summit Hill School District 161	Elementary	1-4
Mokena Elementary School	Mokena School District 159	Elementary	P-3
Peotone Elementary School	Peotone School District 207-U	Elementary	P-4
Walkers Grove Elementary School	Plainfield School District 202	Elementary	K-5
Hickory Creek Middle School	Frankfort School District 157-C	Middle	6-8
Mokena Junior High School	Mokena School District 159	Middle	6-8
Peotone Junior High School	Peotone School District 207-U	Middle	6-8
Summit Hill Junior High School	Summit Hill School District 161	Middle	7-8
Walker Intermediate School	Flossmoor School District 161	Middle	5-6
Lincoln-Way Central High School	Lincoln-Way Community High School District 210	High	9-12
Lincoln-Way East High School	Lincoln-Way Community High School District 210	High	9-12
Lincoln-Way West High School	Lincoln-Way Community High School District 210	High	9-12
Peotone High School	Peotone School District 207-U	High	9-12

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Active 55+ Communities

Most Affordable Condos

Most Expensive Homes

Most Expensive Streets

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Frankfort, i.e. what's hot and what's not.

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Recent Sales

20459 S Acorn Ridge Dr.

23131 Jackson Branch Ct.

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Recent Sales

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Subdivisions

	Subdivisions	Median Price
	Abbey Woods Abbey Woods is a single-family home and townhouse community in Frankfort, Illinois, built between 1996 and 2021. It currently has 2 single family homes for sale with an average list price of $1,237,500 and 1 townhouse for sale with a list price of $549,900. The homes range in size from 2,150 ft2 to 11,000 ft2. The average annual property tax for Abbey Woods is $17,355. Abbey Woods is a townhouse and single family home subdivision built from the late 1990's to late 2010's. Abbey Woods is located in Frankfort, Illinois east of LaGrange Road and north of Colorado Avenue. ... Read more	Median Price: $593,500
	Ashington Meadows Ashington Meadows is a single-family home community in Frankfort, Illinois, built between 2004 and 2024. It currently has 2 single family homes for sale with an average list price of $724,900. The homes range in size from 3,100 ft2 to 4,486 ft2. The average annual property tax for Ashington Meadows is $13,252. Ashington Meadows is a single family home subdivision built starting in 2005. Ashington Meadows is located in Frankfort, Illinois north of Steger Road and east of Scheer Road. ... Read more	Median Price: $819,900
	Autumn Fields Autumn Fields is a single-family home community in Frankfort, Illinois, built between 2002 and 2005. It currently has no homes for sale. The homes range in size from 2,496 ft2 to 5,740 ft2. The average annual property tax for Autumn Fields is $11,869. Autumn Fields is a single family home neighborhood built in the early 2000s. Autumn Fields is located in Frankfort, Illinois east of Wolf Road and north of Steger Road. ... Read more	Median Price: $550,000
	Bowens Crossing Bowens Crossing is a townhouse community in Frankfort, Illinois, built between 2010 and 2013. It currently has no homes for sale. The homes range in size from 2,350 ft2 to 2,950 ft2. The average annual property tax for Bowens Crossing is $9,737. Bowens Crossing is a townhouse community built in 2008. Bowens Crossing features townhomes with floor plans ranging from 2,300 to 2,950 square feet of living space. ... Read more	Median Price: $505,000
	Brookmeadow Estates Brookmeadow Estates is a single-family home community in Frankfort, Illinois, built between 1993 and 2024. It currently has 1 single family home for sale with a list price of $779,900. The homes range in size from 2,100 ft2 to 6,000 ft2. The average annual property tax for Brookmeadow Estates is $12,518. Brookmeadow Estates is a single family home subdivision built starting in 2005. Brookmeadow Estates is located in Frankfort, Illinois north of Laraway Road and west of Wolf Road. ... Read more	Median Price: $812,500

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Subdivisions

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Market Trends

Frankfort home sales for the month of October decreased in volume by 24.3% when compared to last year, while the median sale price rose by 4.1% from $454,000 to $472,500. House sales decreased by 19.4%, while the median sale price rose by 1.1% from $475,000 to $480,000. Condo sales decreased by 50%, while the median sale price decreased by 2.6% from $287,550 to $280,000. Townhouse sales decreased by 50%, while the median sale price decreased by 12.4% from $398,750 to $349,500.

576	574	452	336
2020	2021	2022	2023
# of sales per year

$369,950	$399,950	$451,200	$469,250
2020	2021	2022	2023
median sale price per year

Median Sale Price for Frankfort

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Number of Sales for Frankfort

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Market Trends

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Nearby Parks

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Nearby Golf Courses

Prestwick Country Club

601 Prestwick Dr, Frankfort, IL 60423
Par 72 • 72 holes • 6810 yards

Nearby Golf Courses

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Real Estate News

	Homes Just Sold in Frankfort: November 12th to November 18th - November 19, 2024 Frankfort had 10 sales during the week of Tuesday, November 12 to Monday, November 18, including including 9 single family homes for sale with an average list price of $572,922 ... continue reading
	New Homes with Master Bedrooms on the 1st Floor in Frankfort: November 9th to November 15th - November 16, 2024 Frankfort had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, November 9 to Friday, November 15, and it ... continue reading
	New Homes For Sale This Week in Frankfort: November 8th to November 14th - November 15, 2024 Frankfort had 12 new homes for sale during the week of Friday, November 8 to Thursday, November 14, including including 11 single family homes for sale with an average list ... continue reading
	New Construction Homes For Sale This Week in Frankfort: November 6th to November 12th - November 13, 2024 Frankfort had 3 new construction homes during the week of Wednesday, November 6 to Tuesday, November 12, including 3 single family homes for sale with an average list price of ... continue reading
	Homes Just Sold in Frankfort: November 5th to November 11th - November 12, 2024 Frankfort had 9 sales during the week of Tuesday, November 5 to Monday, November 11, including including 6 single family homes for sale with an average list price of $542,267, ... continue reading