Frankfort Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $359,450
    3% ( $10,450 ) vs Dec 2015
  • Median Sales Price
    $341,450
    34% ( $86,200 ) vs Dec 2015
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 122
    Homes for Sale 132
    Recently Sold 81

Market Summary

There are currently 122 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 132.

In January, the number of properties that received a foreclosure filing in Frankfort, IL was 133% higher than the previous month and 12% lower than the same time last year.

Home sales for December 2016 were down 38% compared with the previous month, and down 67% compared with a year ago. The median sales price of a non-distressed home was $341,450. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Frankfort, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $193,000 (Median Foreclosure Sales Price) $239,250 (Median Foreclosure Sales Price) $238,500 (Median Foreclosure Sales Price) $300,000 (Median Foreclosure Sales Price) $341,450 (Median Sales Price) $255,250 (Median Sales Price) $267,500 (Median Sales Price) $260,000 (Median Sales Price) $264,000 (Median Sales Price) $263,000 (Median Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $193,000 (Median Foreclosure Sales Price) $239,250 (Median Foreclosure Sales Price) $238,500 (Median Foreclosure Sales Price) $300,000 (Median Foreclosure Sales Price) $341,450 (Median Sales Price) $255,250 (Median Sales Price) $267,500 (Median Sales Price) $260,000 (Median Sales Price) $264,000 (Median Sales Price) $263,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago Heights
25
53.7
% (y-o-y)
$93,500
15.4
% (y-o-y)
67.9%
64.2
% (y-o-y)
Park Forest
16
51.5
% (y-o-y)
$38,750
47.6
% (y-o-y)
35.5%
71.6
% (y-o-y)
Hazel Crest
15
42.3
% (y-o-y)
$138,000
93.0
% (y-o-y)
67.0%
41.3
% (y-o-y)
Tinley Park
13
64.9
% (y-o-y)
$187,500
23.4
% (y-o-y)
3.5%
3.3
% (y-o-y)
Country Club Hills
12
45.5
% (y-o-y)
$102,500
25.0
% (y-o-y)
Data not available
Matteson
11
54.2
% (y-o-y)
$137,000
17.1
% (y-o-y)
43.1%
38.1
% (y-o-y)
Orland Park
9
79.5
% (y-o-y)
$250,000
8.7
% (y-o-y)
Data not available
Oak Forest
7
61.1
% (y-o-y)
$150,000
18.1
% (y-o-y)
Data not available
Flossmoor
7
36.4
% (y-o-y)
$192,250
2.9
% (y-o-y)
Data not available
Markham
6
50.0
% (y-o-y)
Data not available
Data not available

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%

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