Frankfort Square home prices rose in April

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The median sale price of a home sold in April in Frankfort Square rose by $27,500 while total sales decreased by 30.8 percent, according to

In April, there were nine homes sold, with a median sale price of $275,000 - an 11.1 percent increase over the $247,500 median sale price for the same period of the previous year. There were 13 homes sold in Frankfort Square in April 2021.

The median sales tax in Frankfort Square for the most recent year with available data, 2019, was $5,899, approximately 2.1 percent of the median home sale price for April.

The following table compares Frankfort Square 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)
Frankfort Square913-30.8$275,000$247,50011.1
Arbury Hills52150$270,000$272,450-0.9
Wellington Heights3250$265,000$167,50058.2
Lakewood Falls3250$250,500$175,75042.5

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