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Saturday, April 4, 2020

Frankfort Square home prices rise in the first half of 2018

Real Estate

By Local Labs News Service | Jul 14, 2018

Re 12

The median sale price of a home sold in the first half of 2018 in Frankfort Square rose by $8,900 while total sales decreased by 12.5%, according to BlockShopper.com.

From January through June of 2018, there were 63 homes sold, with a median sale price of $224,900 - a 4.1% increase over the $216,000 median sale price for the same period of the previous year. There were 72 homes sold in Frankfort Square in the first half of 2017.

The median sales tax in Frankfort Square for the most recent year with available data, 2017, was $5,554, approximately 2.5% of the median home sale price for the first half of 2018.

The following table compares Frankfort Square to other Will County cities with similar median sales prices in the first half of 2018:

City
Jan. - June 2018 Home Sales
Jan. - June 2017 Home Sales
% change (Total Home Sales)
Jan. - June 2018 Median Sales Price
Jan. - June 2017 Median Sales Price
% change (Median Sales Price)
Aurora
101
124
-18.5%
$248,000
$181,375
36.7%
Manhattan
103
126
-18.3%
$247,500
$242,500
2.1%
Willowbrook
12
27
-55.6%
$242,500
$195,000
24.4%
Channahon
62
73
-15.1%
$229,950
$220,000
4.5%
Shorewood
118
147
-19.7%
$227,450
$230,000
-1.1%
Frankfort Square
63
72
-12.5%
$224,900
$216,000
4.1%
Carillon
9
19
-52.6%
$222,500
$160,000
39.1%
Bolingbrook
436
503
-13.3%
$215,000
$195,500
10%
Cherry Hill
4
6
-33.3%
$210,000
$217,500
-3.4%
Lockport
230
279
-17.6%
$210,000
$193,000
8.8%
Crystal Lawns
15
18
-16.7%
$195,000
$172,500
13%

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