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Will County Gazette

Saturday, November 23, 2024

Frankfort (Will County) home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Frankfort in Will County rose by $38,250 while total sales decreased by 28.9%, according to BlockShopper.com.

In May 2019, there were 27 homes sold, with a median sale price of $397,000 - a 10.7% increase over the $358,750 median sale price for the same period of the previous year. There were 38 homes sold in Frankfort in May 2018.

The median sales tax in Frankfort for the most recent year with available data, 2018, was $8,819, approximately 2.2% of the median home sale price for May 2019.

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

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Naperville6375-16%$435,000$420,0003.6%
Frankfort2738-28.9%$397,000$358,75010.7%
Mokena282040%$379,250$328,50015.4%
Spencer10-$363,000$0-
Homer Glen2229-24.1%$354,950$314,00013%
Plainfield5672-22.2%$315,500$275,00014.7%
Wheatland View10-$313,000$0-
Tinley Park1019-47.4%$291,500$335,000-13%
New Lenox2744-38.6%$268,000$272,750-1.7%
Manhattan1423-39.1%$264,524$253,7654.2%
Boula10-$260,000$0-
* This story only considers sales data for the part of Frankfort that is in Will County.

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