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Will County Gazette

Friday, April 19, 2024

Frankfort Square home prices rise in the first half of 2018

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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:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Aurora101124-18.5%$248,000$181,37536.7%
Manhattan103126-18.3%$247,500$242,5002.1%
Willowbrook1227-55.6%$242,500$195,00024.4%
Channahon6273-15.1%$229,950$220,0004.5%
Shorewood118147-19.7%$227,450$230,000-1.1%
Frankfort Square6372-12.5%$224,900$216,0004.1%
Carillon919-52.6%$222,500$160,00039.1%
Bolingbrook436503-13.3%$215,000$195,50010%
Cherry Hill46-33.3%$210,000$217,500-3.4%
Lockport230279-17.6%$210,000$193,0008.8%
Crystal Lawns1518-16.7%$195,000$172,50013%

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