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Will County Gazette

Wednesday, November 27, 2024

Frankfort Square home prices fall in March 2018

Re 11

The median sale price of a home sold in March 2018 in Frankfort Square fell by $9,250 while total sales decreased by 58.3%, according to BlockShopper.com.

In March 2018, there were five homes sold, with a median sale price of $217,000 - a 4.1% decrease over the $226,250 median sale price for the same period of the previous year. There were 12 homes sold in Frankfort Square in March 2017.

The median sales tax in Frankfort Square for the most recent year with available data, 2017, was $5,554.30, approximately 2.6% of the median home sale price for March 2018.

The following table compares Frankfort Square to other Will County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Minooka110%$255,000$240,0006.3%
Cherry Hill220%$243,500$173,75040.1%
Aurora13130%$243,000$168,00044.6%
Shorewood1718-5.6%$239,000$240,500-0.6%
Lockport2949-40.8%$223,000$179,00024.6%
Frankfort Square512-58.3%$217,000$226,250-4.1%
Channahon913-30.8%$204,000$225,000-9.3%
Bolingbrook5894-38.3%$203,800$169,55020.2%
Forest Manor110%$202,000$145,00039.3%
Tinley Park8714.3%$202,000$188,0007.4%
Lincoln Estates20-$200,000$0-

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