Frankfort Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $349,900
    6% ( $20,000 ) vs Jun 2015
  • Median Sales Price
    $293,750
    3% ( $8,500 ) vs Jun 2015
  • Median Foreclosure Sales Price
    $300,000
    35% ( $77,500 ) vs Jun 2015
  • Foreclosures 138
    Homes for Sale 145
    Recently Sold 157

Market Summary

There are currently 138 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 145.

In July, the number of properties that received a foreclosure filing in Frankfort, IL was 43% lower than the previous month and 58% lower than the same time last year.

Home sales for June 2016 were up 100% compared with the previous month, and down 7% compared with a year ago. The median sales price of a non-distressed home was $293,750. The median sales price of a foreclosure home was $300,000, or 2% higher than non-distressed home sales.

Sales Prices - Frankfort, IL


  • Foreclosure Discount
    NOT AVAILABLE


Add this chart to your website.

$300,000 (Median Foreclosure Sales Price) $222,500 (Median Foreclosure Sales Price) $172,500 (Median Foreclosure Sales Price) $165,500 (Median Foreclosure Sales Price) $168,850 (Median Foreclosure Sales Price) $165,200 (Median Foreclosure Sales Price) $293,750 (Median Sales Price) $302,250 (Median Sales Price) $288,750 (Median Sales Price) $272,000 (Median Sales Price) $254,500 (Median Sales Price) $259,000 (Median Sales Price) $300,000 (Median Foreclosure Sales Price) $222,500 (Median Foreclosure Sales Price) $172,500 (Median Foreclosure Sales Price) $165,500 (Median Foreclosure Sales Price) $168,850 (Median Foreclosure Sales Price) $165,200 (Median Foreclosure Sales Price) $293,750 (Median Sales Price) $302,250 (Median Sales Price) $288,750 (Median Sales Price) $272,000 (Median Sales Price) $254,500 (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
Chicago Heights
22
43.6
% (y-o-y)
$66,250
5.2
% (y-o-y)
44.9%
27.0
% (y-o-y)
Tinley Park
21
64.4
% (y-o-y)
$207,000
12.5
% (y-o-y)
40.1%
33.3
% (y-o-y)
New Lenox
18
10.0
% (y-o-y)
$247,000
0.8
% (y-o-y)
25.9%
30.9
% (y-o-y)
Hazel Crest
16
23.8
% (y-o-y)
$112,500
10.0
% (y-o-y)
56.0%
59.6
% (y-o-y)
Homewood
15
64.3
% (y-o-y)
$127,500
2.3
% (y-o-y)
55.3%
38.7
% (y-o-y)
Park Forest
15
42.3
% (y-o-y)
$48,250
20.6
% (y-o-y)
52.3%
22.5
% (y-o-y)
Matteson
14
58.8
% (y-o-y)
$160,000
32.8
% (y-o-y)
16.6%
48.5
% (y-o-y)
Country Club Hills
13
58.1
% (y-o-y)
$119,000
72.5
% (y-o-y)
54.4%
29.7
% (y-o-y)
Orland Park
13
78.0
% (y-o-y)
$231,000
3.3
% (y-o-y)
Data not available
Mokena
12
45.5
% (y-o-y)
$250,500
10.5
% (y-o-y)
Data not available

Local Info For Frankfort

Population:
17,056
Cost of Living Index: 117.52
Crime Index: 10.34     Rating: A+ View crime details
Schools: 9    Average School Rating: A- View individual school rating
Household Median Income: $117,299
Unemployment: 6.40%
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)