From January to March, 19 homes sold in Frankfort Square for a median price of $232,000. That's 0.5 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Frankfort Square.
Median property tax for homeowners in Frankfort Square was $0 in 2017 according to tax data from that year. That means homeowners pay 0 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Frankfort Square real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
13
$198,900
-
2010
13
$219,450
10.3%
2011
8
$226,848
3.4%
2012
18
$157,692
-30.5%
2013
38
$170,983
8.4%
2014
34
$176,093
3%
2015
16
$184,970
5%
2016
41
$198,450
7.3%
2017
26
$230,775
16.3%
2018
19
$232,000
0.5%
Median property tax
Median sale price
Effective property tax rate
2010
$4,821.99
$219,450
2.2%
2011
$5,923.41
$226,848
2.6%
2012
$5,514.28
$157,692
3.5%
2013
$5,431.64
$170,983
3.2%
2014
$5,369.70
$176,093
3%
2015
$5,083.30
$184,970
2.7%
2016
$5,645.49
$198,450
2.8%
2017
$0
$230,775
0%
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