In March 2022, there were 37 homes sold, with a median sale price of $475,000 - a 10.3% increase over the $430,708 median sale price for the same period of the previous year. There were 38 homes sold in Frankfort in March 2021.
The median sales tax in Frankfort for the most recent year with available data, 2019, was $9,026, approximately 1.9% of the median home sale price for March 2022.
The following table compares Frankfort to other Will County cities with similar median sale prices in March 2022:
| City | Mar. 2022 Home Sales | Mar. 2021 Home Sales | % change (Total Home Sales) | Mar. 2022 Median Sales Price | Mar. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Naperville | 45 | 68 | -33.8% | $545,000 | $496,000 | 9.9% |
| Spencer | 3 | 1 | 200% | $480,000 | $353,500 | 35.8% |
| Frankfort | 37 | 38 | -2.6% | $475,000 | $430,707.50 | 10.3% |
| Plainfield | 65 | 53 | 22.6% | $385,000 | $328,000 | 17.4% |
| Lincolnwood Hills | 1 | 0 | - | $385,000 | $0 | - |
| Manhattan | 17 | 20 | -15% | $380,000 | $280,500 | 35.5% |
| Mokena | 25 | 29 | -13.8% | $362,500 | $350,000 | 3.6% |
| Tinley Park | 6 | 7 | -14.3% | $354,000 | $371,000 | -4.6% |
| Minooka | 1 | 1 | 0% | $342,000 | $401,000 | -14.7% |
| Shorewood | 32 | 12 | 166.7% | $332,500 | $229,783.50 | 44.7% |
| Wilton | 1 | 1 | 0% | $330,000 | $475,000 | -30.5% |
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