What happened to the median home price in Frankfort (Will County) during April 2021?

Medium realestate2

The median sale price of a home sold in April 2021 in Frankfort in Will County fell by $25,000 while total sales increased by 32.3%, according to BlockShopper.com.

In April 2021, there were 41 homes sold, with a median sale price of $365,000 - a 6.4% decrease over the $390,000 median sale price for the same period of the previous year. There were 31 homes sold in Frankfort in April 2020.

The median sales tax in Frankfort for the most recent year with available data, 2019, was $9,026, approximately 2.5% of the median home sale price for April 2021.

The following table compares Frankfort to other Will County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Wheatland View20-$415,000$0-
Lincoln Estates10-$389,000$0-
Homer Glen26248.3%$371,000$297,50024.7%
Tinley Park610-40%$350,000$324,5007.9%
New Lenox4048-16.7%$301,450$265,00013.8%
* This story only considers sales data for the part of Frankfort that is in Will County.

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