Frankfort (Will County) median home prices rose by 18.1% in August 2021

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The median sale price of a home sold in August 2021 in Frankfort in Will County rose by $71,088 while total sales decreased by 13%, according to

In August 2021, there were 40 homes sold, with a median sale price of $464,888 - a 18.1% increase over the $393,800 median sale price for the same period of the previous year. There were 46 homes sold in Frankfort in August 2020.

The median sales tax in Frankfort for the most recent year with available data, 2019, was $9,026, approximately 1.9% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Wheatland View10-$395,000$0-
Homer Glen38365.6%$385,000$356,9507.9%
Crystal Lawns15-80%$334,000$196,00070.4%
New Lenox4657-19.3%$305,000$314,808-3.1%
* This story only considers sales data for the part of Frankfort that is in Will County.

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