Frankfort Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $325,000
    7% ( $24,999 ) vs Jul 2013
  • Median Sales Price
    $289,250
    1% ( $1,750 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $214,903
    7% ( $14,952 ) vs Jul 2013
  • Foreclosures 193
    Homes for Sale 156
    Recently Sold 337

Market Summary

There are currently 193 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 156.

In August, the number of properties that received a foreclosure filing in Frankfort, IL was 28% lower than the previous month and 0% higher than the same time last year.

Home sales for July 2014 were up 56% compared with the previous month, and down 20% compared with a year ago. The median sales price of a non-distressed home was $289,250. The median sales price of a foreclosure home was $214,903, or 26% lower than non-distressed home sales.

Sales Prices - Frankfort, IL




Add this chart to your website.

$214,903 (Median Foreclosure Sales Price) $199,952 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $195,000 (Median Foreclosure Sales Price) $189,000 (Median Foreclosure Sales Price) $174,500 (Median Foreclosure Sales Price) $289,250 (Median Sales Price) $287,500 (Median Sales Price) $265,000 (Median Sales Price) $228,250 (Median Sales Price) $255,000 (Median Sales Price) $259,000 (Median Sales Price) $214,903 (Median Foreclosure Sales Price) $199,952 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $195,000 (Median Foreclosure Sales Price) $189,000 (Median Foreclosure Sales Price) $174,500 (Median Foreclosure Sales Price) $289,250 (Median Sales Price) $287,500 (Median Sales Price) $265,000 (Median Sales Price) $228,250 (Median Sales Price) $255,000 (Median Sales Price) $259,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac 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
Orland Park
65
59.1
% (y-o-y)
$215,000
6.5
% (y-o-y)
7.0%
27.6
% (y-o-y)
Tinley Park
64
46.7
% (y-o-y)
$184,500
5.3
% (y-o-y)
35.0%
20.1
% (y-o-y)
Chicago Heights
46
58.6
% (y-o-y)
$47,500
31.4
% (y-o-y)
42.1%
53.1
% (y-o-y)
New Lenox
42
36.4
% (y-o-y)
$240,000
14.8
% (y-o-y)
12.7%
14.1
% (y-o-y)
Mokena
32
13.5
% (y-o-y)
$225,000
8.2
% (y-o-y)
23.8%
18.9
% (y-o-y)
Oak Forest
28
42.9
% (y-o-y)
$162,000
12.5
% (y-o-y)
10.8%
24.0
% (y-o-y)
Homewood
27
50.0
% (y-o-y)
$131,500
1.2
% (y-o-y)
53.2%
27.7
% (y-o-y)
Country Club Hills
25
56.1
% (y-o-y)
$103,000
19.8
% (y-o-y)
40.5%
62.6
% (y-o-y)
Park Forest
24
61.3
% (y-o-y)
$40,000
14.0
% (y-o-y)
35.0%
33.3
% (y-o-y)
Hazel Crest
20
45.9
% (y-o-y)
$70,000
1.4
% (y-o-y)
41.8%
46.4
% (y-o-y)

Local Info For Frankfort

Population:
17,056
Cost of Living Index: 117.52
Crime Index: 10.37     Rating: A+ View crime details
Schools: 9    Average School Rating: A- View individual school rating
Household Median Income: $117,299
Unemployment: 7.20%
Percentage of vacant homes: 5.83%