From April to June, 40 homes sold in Frankfort Square for a median price of $226,200. That's 4 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Frankfort Square.
Median property tax for homeowners in Frankfort Square was $5,293.64 in 2017 according to tax data from that year. That means homeowners pay 2.4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Frankfort Square real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
24
$255,938
-
2010
29
$219,906
-14.1%
2011
19
$203,400
-7.5%
2012
32
$191,294
-6%
2013
40
$193,216
1%
2014
40
$177,285
-8.2%
2015
28
$180,995
2.1%
2016
38
$222,600
23%
2017
46
$217,515
-2.3%
2018
40
$226,200
4%
Median property tax
Median sale price
Effective property tax rate
2010
$5,059.63
$219,906
2.3%
2011
$5,641.95
$203,400
2.8%
2012
$5,173.61
$191,294
2.7%
2013
$5,491.92
$193,216
2.8%
2014
$5,089.65
$177,285
2.9%
2015
$5,033.47
$180,995
2.8%
2016
$5,591.03
$222,600
2.5%
2017
$5,293.63
$217,515
2.4%
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