Frankfort (Will County) median home prices rose by 12.5% in April

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The median sale price of a home sold in April in Frankfort in Will County rose by $45,450 while total sales decreased by 40.4 percent, according to

In April, there were 28 homes sold, with a median sale price of $410,450 - a 12.5 percent increase over the $365,000 median sale price for the same period of the previous year. There were 47 homes sold in Frankfort in April 2021.

The median sales tax in Frankfort for the most recent year with available data, 2019, was $9,026, approximately 2.2 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Homer Glen2429-17.2$436,750$362,00020.6
Lincoln Estates110$415,000$389,0006.7
Tinley Park58-37.5$400,000$377,4506
New Lenox2746-41.3$345,000$333,5003.4
* This story only considers sales data for the part of Frankfort that is in Will County.

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