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Will County Gazette

Thursday, April 18, 2024

Frankfort Square home prices rise in January 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in January 2020 in Frankfort Square rose by $34,500 while total sales increased by 300%, according to BlockShopper.com.

In January 2020, there were 12 homes sold, with a median sale price of $226,500 - a 18% increase over the $192,000 median sale price for the same period of the previous year. There were three homes sold in Frankfort Square in January 2019.

The median sales tax in Frankfort Square for the most recent year with available data, 2018, was $5,678, approximately 2.5% of the median home sale price for January 2020.

The following table compares Frankfort Square to other Will County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Manhattan11922.2%$270,000$335,887-19.6%
Willowbrook12-50%$268,200$192,50039.3%
Plainfield472774.1%$255,000$244,0004.5%
Lincolnwood Hills10-$245,000$0-
Shorewood191172.7%$245,000$211,50015.8%
Frankfort Square123300%$226,500$192,00018%
Tinley Park72250%$225,000$321,000-29.9%
Channahon181080%$223,750$241,500-7.3%
Peotone4333.3%$216,950$190,00014.2%
Aurora11922.2%$214,900$255,000-15.7%
Elwood41300%$212,750$165,00028.9%

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