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Sunday, September 29, 2024

Frankfort (Will County) home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Frankfort in Will County fell by $75,500 while total sales decreased by 30.3%, according to BlockShopper.com.

In September 2018, there were 23 homes sold, with a median sale price of $274,500 - a 21.6% decrease over the $350,000 median sale price for the same period of the previous year. There were 33 homes sold in Frankfort in September 2017.

The median sales tax in Frankfort for the most recent year with available data, 2017, was $8,791.50, approximately 3.2% of the median home sale price for September 2018.

The following table compares Frankfort to other Will County cities with similar median sales prices in September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Wheatland View110%$302,000$41,250632.1%
Mokena1531-51.6%$300,000$280,0007.1%
Manhattan1418-22.2%$285,638.50$262,4508.8%
Plainfield50500%$284,950$278,0002.5%
New Lenox43407.5%$276,000$261,1515.7%
Frankfort2333-30.3%$274,500$350,000-21.6%
Minooka62200%$272,500$141,00093.3%
Wheatland Plains10-$257,500$0-
Lakewood Shores110%$243,000$137,00077.4%
Frankfort Square8633.3%$237,450$212,00012%
Willowbrook330%$230,000$164,90039.5%
* This story only considers sales data for the part of Frankfort that is in Will County.

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