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Will County Gazette

Friday, November 15, 2024

Frankfort (Will County) home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Frankfort in Will County fell by $28,125 while total sales increased by 8.3%, according to BlockShopper.com.

In August 2019, there were 52 homes sold, with a median sale price of $382,500 - a 6.8% decrease over the $410,625 median sale price for the same period of the previous year. There were 48 homes sold in Frankfort in August 2018.

The median sales tax in Frankfort for the most recent year with available data, 2018, was $8,819, approximately 2.3% of the median home sale price for August 2019.

The following table compares Frankfort to other Will County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
River Edge Estates10-$525,000$0-
Naperville75100-25%$465,000$468,750-0.8%
Brook Crossings Estates10-$383,000$0-
Frankfort52488.3%$382,500$410,625-6.8%
Graver Country Estates10-$340,000$0-
Homer Glen312619.2%$310,000$324,000-4.3%
Lincoln Estates10-$300,000$0-
Plainfield7274-2.7%$285,750$281,5001.5%
Willowbrook110%$282,000$235,00020%
Tinley Park141216.7%$276,750$272,0001.7%
New Lenox61610%$270,000$260,0003.8%
* This story only considers sales data for the part of Frankfort that is in Will County.

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