Frankfort Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $329,950
    3% ( $9,830 ) vs Mar 2016
  • Median Sales Price
    $243,000
    11% ( $30,000 ) vs Mar 2016
  • Median Foreclosure Sales Price
    $337,500
    0% ( $0 ) vs Mar 2016
  • Foreclosures 88
    Homes for Sale 125
    Recently Sold 69

Market Summary

There are currently 88 properties in Frankfort, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 125.

In April, the number of properties that received a foreclosure filing in Frankfort, IL was 17% higher than the previous month and 75% higher than the same time last year.

Home sales for March 2017 were up 500% compared with the previous month, and down 71% compared with a year ago. The median sales price of a non-distressed home was $243,000. The median sales price of a foreclosure home was $337,500, or 39% higher than non-distressed home sales.

Sales Prices - Frankfort, IL


  • Foreclosure Discount
    NOT AVAILABLE


Add this chart to your website.

$337,500 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $193,000 (Median Foreclosure Sales Price) $243,000 (Median Sales Price) $273,000 (Median Sales Price) $273,000 (Median Sales Price) $341,450 (Median Sales Price) $255,250 (Median Sales Price) $267,500 (Median Sales Price) $337,500 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $193,000 (Median Foreclosure Sales Price) $243,000 (Median Sales Price) $273,000 (Median Sales Price) $273,000 (Median Sales Price) $341,450 (Median Sales Price) $255,250 (Median Sales Price) $267,500 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
33
57.1
% (y-o-y)
$68,000
32.0
% (y-o-y)
41.2%
34.0
% (y-o-y)
Park Forest
27
28.9
% (y-o-y)
$52,000
30.0
% (y-o-y)
45.2%
30.0
% (y-o-y)
Country Club Hills
22
21.4
% (y-o-y)
$108,250
13.4
% (y-o-y)
52.0%
61.6
% (y-o-y)
Tinley Park
19
76.3
% (y-o-y)
$185,000
3.8
% (y-o-y)
17.3%
20.1
% (y-o-y)
Matteson
17
51.4
% (y-o-y)
$131,500
1.2
% (y-o-y)
48.9%
19.2
% (y-o-y)
Hazel Crest
16
59.0
% (y-o-y)
$75,000
1.7
% (y-o-y)
53.3%
30.4
% (y-o-y)
New Lenox
15
69.4
% (y-o-y)
$212,500
4.7
% (y-o-y)
Data not available
Markham
12
25.0
% (y-o-y)
$65,500
20.2
% (y-o-y)
50.4%
64.2
% (y-o-y)
Oak Forest
10
70.6
% (y-o-y)
$159,500
2.4
% (y-o-y)
34.5%
5.0
% (y-o-y)
Orland Park
10
87.3
% (y-o-y)
$250,000
13.6
% (y-o-y)
18.2%
9.5
% (y-o-y)

Local Info For Frankfort

Population:
17,056
Cost of Living Index: 117.52
Crime Index: 8.78     Rating: A+ View crime details
Schools: 9    Average School Rating: A- View individual school rating
Household Median Income: $117,299
Unemployment: 5.60%
Percentage of vacant homes: 5.83%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)