Frankfort, IL 60423 Real Estate & Property Data

Frankfort, IL 60423 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 473 residential properties have been sold over the past 12 months in 60423. With a median sales price of $427,500 in 60423 and a total of 4 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 11,125
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) 0.98%
Total 2023 Residential Sales 426
% of Equity Rich Homes (Q2 2024) 43.51%
Effective 2023 Property Tax 2.17%
Total Foreclosure Filings (year-to-date) 7
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Frankfort, IL 60423 Real Estate Overview

There were 473 residential properties sold in the past year in Frankfort, IL 60423. The median home value in Frankfort, IL 60423 is $441,560. There are a total of 11,125 residential properties in the 60423.

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 16
  • 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 60423 Foreclosure Activity

There were a total of 4 Frankfort, IL 60423 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Frankfort, IL 60423 properties and repossessed 3 Frankfort, IL 60423 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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