Frankfort, IL 60423 Real Estate & Property Data

Frankfort, IL 60423 Real Estate Market Trends
Last Updated: March 29, 2023

A total of 621 residential properties have been sold over the past 12 months in 60423. With a median sales price of $345,000 in 60423 and a total of 6 foreclosures in Frankfort, IL 60423. Discover market trends and get the granular level real estate data for Frankfort, IL 60423 to keep your pulse on the housing market. Curate compelling home reports for Frankfort, IL 60423 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Frankfort, IL 60423 Real Estate Market Trends
Total Residential Properties 10,658
Total Commercial Properties 572
Avg. Home Age (Single Family Home) 35 Years
Avg. Square Feet (Single Family Home) 2,294
Total 2023 Residential Sales (year-to-date) 29
% of Homes Seriously Underwater (Q1 2023) 1.35%
Total 2022 Residential Sales 592
% of Equity Rich Homes (Q1 2023) 41.36%
Effective 2022 Property Tax 1.96%
Total Foreclosure Filings (year-to-date) 6
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Frankfort, IL 60423 Real Estate Overview

There were 621 residential properties sold in the past year in Frankfort, IL 60423. The median home value in Frankfort, IL 60423 is $442,254. There are a total of 10,658 residential properties in the Frankfort, IL 60423.

Median Sales Price i
$345,000
(Jan 2023)
-19%
year-over-year
y-o-y
  • January '23 Jan '23 $345,000
  • December '22 Dec '22 $353,750
  • November '22 Nov '22 $360,000
  • October '22 Oct '22 $444,845
  • September '22 Sep '22 $441,500
  • August '22 Aug '22 $495,000
  • July '22 Jul '22 $500,000
  • June '22 Jun '22 $547,500
  • May '22 May '22 $386,000
  • April '22 Apr '22 $427,500
  • March '22 Mar '22 $375,000
  • February '22 Feb '22 $385,000
Median Down Payment i
$49,000
(Jan 2023)
-19%
year-over-year
y-o-y
  • January '23 Jan '23 $49,000
  • December '22 Dec '22 $53,392
  • November '22 Nov '22 $45,800
  • October '22 Oct '22 $78,500
  • September '22 Sep '22 $91,000
  • August '22 Aug '22 $78,725
  • July '22 Jul '22 $74,716
  • June '22 Jun '22 $50,500
  • May '22 May '22 $81,300
  • April '22 Apr '22 $76,000
  • March '22 Mar '22 $52,900
  • February '22 Feb '22 $42,700
Number of Homes Sold i
29
(Jan 2023)
-49.1%
year-over-year
y-o-y
  • January '23 Jan '23 29
  • December '22 Dec '22 34
  • November '22 Nov '22 44
  • October '22 Oct '22 49
  • September '22 Sep '22 61
  • August '22 Aug '22 59
  • July '22 Jul '22 60
  • June '22 Jun '22 50
  • May '22 May '22 53
  • April '22 Apr '22 37
  • March '22 Mar '22 47
  • February '22 Feb '22 41
Number of Purchase Loans i
30
(Jan 2023)
-46.4%
year-over-year
y-o-y
  • January '23 Jan '23 30
  • December '22 Dec '22 29
  • November '22 Nov '22 34
  • October '22 Oct '22 42
  • September '22 Sep '22 46
  • August '22 Aug '22 49
  • July '22 Jul '22 53
  • June '22 Jun '22 43
  • May '22 May '22 49
  • April '22 Apr '22 33
  • March '22 Mar '22 46
  • February '22 Feb '22 46
Number of REFI Loans i
16
(Jan 2023)
-81.4%
year-over-year
y-o-y
  • January '23 Jan '23 16
  • December '22 Dec '22 14
  • November '22 Nov '22 18
  • October '22 Oct '22 28
  • September '22 Sep '22 20
  • August '22 Aug '22 27
  • July '22 Jul '22 27
  • June '22 Jun '22 30
  • May '22 May '22 37
  • April '22 Apr '22 46
  • March '22 Mar '22 51
  • February '22 Feb '22 81
Number of HELOC Loans i
14
(Jan 2023)
+27.3%
year-over-year
y-o-y
  • January '23 Jan '23 14
  • December '22 Dec '22 17
  • November '22 Nov '22 14
  • October '22 Oct '22 19
  • September '22 Sep '22 24
  • August '22 Aug '22 23
  • July '22 Jul '22 21
  • June '22 Jun '22 16
  • May '22 May '22 25
  • April '22 Apr '22 18
  • March '22 Mar '22 10
  • February '22 Feb '22 11

Frankfort, IL 60423 Foreclosure Activity

There were a total of 6 Frankfort, IL 60423 properties with a foreclosure filing in January 2023.

Total Foreclosure Filings i
6
(Jan 2023)
+500%
year-over-year
y-o-y
  • January '23 Jan '23 6
  • December '22 Dec '22 8
  • November '22 Nov '22 3
  • October '22 Oct '22 4
  • September '22 Sep '22 9
  • August '22 Aug '22 4
  • July '22 Jul '22 1
  • June '22 Jun '22 6
  • May '22 May '22 4
  • April '22 Apr '22 3
  • March '22 Mar '22 6
  • February '22 Feb '22 1
Foreclosure Starts i
3
(Jan 2023)
+200%
year-over-year
y-o-y
  • January '23 Jan '23 3
  • December '22 Dec '22 7
  • November '22 Nov '22 2
  • October '22 Oct '22 4
  • September '22 Sep '22 5
  • August '22 Aug '22 4
  • July '22 Jul '22 1
  • June '22 Jun '22 6
  • May '22 May '22 4
  • April '22 Apr '22 2
  • March '22 Mar '22 5
  • February '22 Feb '22 N/A
Completed Foreclosures (REOs) i
  • January '23 Jan '23 N/A
  • December '22 Dec '22 N/A
  • November '22 Nov '22 N/A
  • October '22 Oct '22 1
  • September '22 Sep '22 1
  • August '22 Aug '22 1
  • July '22 Jul '22 N/A
  • June '22 Jun '22 N/A
  • May '22 May '22 2
  • April '22 Apr '22 1
  • March '22 Mar '22 2
  • February '22 Feb '22 N/A
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