Frankfort Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $350,000
    0% ( $100 ) vs Sep 2015
  • Median Sales Price
    $264,000
    0% ( $0 ) vs Sep 2015
  • Median Foreclosure Sales Price
    $239,250
    0% ( $750 ) vs Sep 2015
  • Foreclosures 137
    Homes for Sale 112
    Recently Sold 76

Market Summary

There are currently 137 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 112.

In October, the number of properties that received a foreclosure filing in Frankfort, IL was 33% lower than the previous month and 33% lower than the same time last year.

Home sales for September 2016 were down 81% compared with the previous month, and up 200% compared with a year ago. The median sales price of a non-distressed home was $264,000. The median sales price of a foreclosure home was $239,250, or 9% lower than non-distressed home sales.

Sales Prices - Frankfort, IL




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$239,250 (Median Foreclosure Sales Price) $238,500 (Median Foreclosure Sales Price) $300,000 (Median Foreclosure Sales Price) $300,000 (Median Foreclosure Sales Price) $222,500 (Median Foreclosure Sales Price) $172,500 (Median Foreclosure Sales Price) $264,000 (Median Sales Price) $264,000 (Median Sales Price) $263,000 (Median Sales Price) $293,750 (Median Sales Price) $302,250 (Median Sales Price) $288,750 (Median Sales Price) $239,250 (Median Foreclosure Sales Price) $238,500 (Median Foreclosure Sales Price) $300,000 (Median Foreclosure Sales Price) $300,000 (Median Foreclosure Sales Price) $222,500 (Median Foreclosure Sales Price) $172,500 (Median Foreclosure Sales Price) $264,000 (Median Sales Price) $264,000 (Median Sales Price) $263,000 (Median Sales Price) $293,750 (Median Sales Price) $302,250 (Median Sales Price) $288,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
New Lenox
12
9.1
% (y-o-y)
$237,500
0.0
% (y-o-y)
10.3%
0.0
% (y-o-y)
Mokena
5
28.6
% (y-o-y)
$202,500
0.0
% (y-o-y)
Data not available
Monee
5
28.6
% (y-o-y)
$164,250
0.0
% (y-o-y)
Data not available
Chicago Heights
3
94.1
% (y-o-y)
$65,000
0.0
% (y-o-y)
65.8%
0.0
% (y-o-y)
Manhattan
3
57.1
% (y-o-y)
$201,500
0.0
% (y-o-y)
Data not available
Park Forest
2
91.7
% (y-o-y)
$49,000
0.0
% (y-o-y)
50.0%
0.0
% (y-o-y)
Steger
2
83.3
% (y-o-y)
Data not available
Data not available
Tinley Park
2
92.6
% (y-o-y)
$220,500
0.0
% (y-o-y)
25.6%
0.0
% (y-o-y)
Peotone
1
50.0
% (y-o-y)
Data not available
Data not available
Richton Park
1
90.9
% (y-o-y)
$144,500
0.0
% (y-o-y)
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: 5.80%
Percentage of vacant homes: 5.83%

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