Frankfort, IL Real Estate & Property Data

Frankfort Real Estate Market Trends
Last Updated: April 12, 2024

Accurate and comprehensive real estate data is critical for insight into Frankfort, IL. ATTOM’s Frankfort real estate data is updated daily, and current market trends show that in Frankfort, IL a total of 473 residential properties have sold over the past year. With a median home price of $427,500 in Frankfort and a total of 4 foreclosures. Get detailed property data for Frankfort, IL instantly. ATTOM is your one-stop-shop for the Frankfort property reports and real estate data you need in Frankfort, IL.

Frankfort Real Estate Market Trends
Total Residential Properties 11,124
Total Commercial Properties 569
Avg. Home Age (Single Family Home) 36 Years
Avg. Square Feet (Single Family Home) 2,335
Total 2024 Residential Sales (year-to-date) 72
% of Homes Seriously Underwater (Q2 2024) 1.07%
Total 2023 Residential Sales 426
% of Equity Rich Homes (Q2 2024) 41.48%
Effective 2023 Property Tax 2.17%
Total Foreclosure Filings (year-to-date) 7
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Frankfort, IL Real Estate Overview

There were 473 residential properties sold in the past year in Frankfort, IL. The median home value in Frankfort, IL is $441,560. There are a total of 11,124 residential properties in the Frankfort.

Median Sales Price i
$427,500
(Feb 2024)
-6%
year-over-year
y-o-y
  • February '24 Feb '24 $427,500
  • January '24 Jan '24 $430,000
  • December '23 Dec '23 $550,000
  • November '23 Nov '23 $465,000
  • October '23 Oct '23 $400,000
  • September '23 Sep '23 $450,000
  • August '23 Aug '23 $428,500
  • July '23 Jul '23 $435,000
  • June '23 Jun '23 $432,625
  • May '23 May '23 $435,000
  • April '23 Apr '23 $434,900
  • March '23 Mar '23 $380,000
Median Down Payment i
$95,000
(Feb 2024)
+43.4%
year-over-year
y-o-y
  • February '24 Feb '24 $95,000
  • January '24 Jan '24 $62,245
  • December '23 Dec '23 $110,000
  • November '23 Nov '23 $83,425
  • October '23 Oct '23 $44,000
  • September '23 Sep '23 $90,000
  • August '23 Aug '23 $68,850
  • July '23 Jul '23 $78,125
  • June '23 Jun '23 $45,750
  • May '23 May '23 $70,050
  • April '23 Apr '23 $49,500
  • March '23 Mar '23 $38,290
Number of Homes Sold i
32
(Feb 2024)
+113.3%
year-over-year
y-o-y
  • February '24 Feb '24 32
  • January '24 Jan '24 40
  • December '23 Dec '23 29
  • November '23 Nov '23 44
  • October '23 Oct '23 34
  • September '23 Sep '23 38
  • August '23 Aug '23 55
  • July '23 Jul '23 44
  • June '23 Jun '23 38
  • May '23 May '23 36
  • April '23 Apr '23 28
  • March '23 Mar '23 40
Number of Purchase Loans i
23
(Feb 2024)
+91.7%
year-over-year
y-o-y
  • February '24 Feb '24 23
  • January '24 Jan '24 33
  • December '23 Dec '23 19
  • November '23 Nov '23 35
  • October '23 Oct '23 30
  • September '23 Sep '23 27
  • August '23 Aug '23 47
  • July '23 Jul '23 35
  • June '23 Jun '23 27
  • May '23 May '23 29
  • April '23 Apr '23 23
  • March '23 Mar '23 23
Number of REFI Loans i
14
(Feb 2024)
+40%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 12
  • December '23 Dec '23 12
  • November '23 Nov '23 15
  • October '23 Oct '23 15
  • September '23 Sep '23 15
  • August '23 Aug '23 11
  • July '23 Jul '23 13
  • June '23 Jun '23 29
  • May '23 May '23 12
  • April '23 Apr '23 15
  • March '23 Mar '23 15
Number of HELOC Loans i
12
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 9
  • December '23 Dec '23 12
  • November '23 Nov '23 16
  • October '23 Oct '23 24
  • September '23 Sep '23 15
  • August '23 Aug '23 24
  • July '23 Jul '23 13
  • June '23 Jun '23 13
  • May '23 May '23 22
  • April '23 Apr '23 12
  • March '23 Mar '23 15

Frankfort, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Frankfort, IL Foreclosure Activity

There were a total of 4 Frankfort, IL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Frankfort, IL properties and repossessed 3 Frankfort, IL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
4
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 4
  • August '23 Aug '23 8
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 5
  • April '23 Apr '23 7
  • March '23 Mar '23 10
Foreclosure Starts i
3
(Feb 2024)
-57.1%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 4
  • April '23 Apr '23 6
  • March '23 Mar '23 7
Completed Foreclosures (REOs) i
3
(Feb 2024)
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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