Frankfort Square home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Frankfort Square rose by $1,000 while total sales increased by 20.5%, according to

From July through September of 2020, there were 47 homes sold, with a median sale price of $229,000 - a 0.4% increase over the $228,000 median sale price for the same period of the previous year. There were 39 homes sold in Frankfort Square in the third quarter of 2019.

The median sales tax in Frankfort Square for the most recent year with available data, 2019, was $5,899, approximately 2.6% of the median home sale price for the third quarter of 2020.

The following table compares Frankfort Square to other Will County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Lily Cache110%$240,700$187,00028.7%
Cherry Hill41300%$240,000$250,000-4%
Frankfort Square473920.5%$229,000$228,0000.4%
Forest Manor220%$205,000$184,50011.1%

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