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Peoria Standard

Wednesday, November 27, 2024

Frankfort (Will County) home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Frankfort in Will County rose by $23,150 while total sales increased by 40.9%, according to BlockShopper.com.

In July 2019, there were 62 homes sold, with a median sale price of $398,250 - a 6.2% increase over the $375,100 median sale price for the same period of the previous year. There were 44 homes sold in Frankfort in July 2018.

The median sales tax in Frankfort for the most recent year with available data, 2018, was $8,819, approximately 2.2% of the median home sale price for July 2019.

The following table compares Frankfort to other Will County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Naperville8693-7.5%$468,000$470,000-0.4%
Frankfort624440.9%$398,250$375,1006.2%
Lincolnwood Hills10-$385,000$0-
Homer Glen373312.1%$342,000$335,0002.1%
Mokena26260%$338,950$323,5004.8%
Tinley Park161323.1%$318,500$302,0005.5%
Lincoln Estates10-$299,900$0-
New Lenox635416.7%$299,000$280,0006.8%
Plainfield947820.5%$288,450$294,000-1.9%
Manhattan191618.8%$288,000$282,439.502%
Aurora2637-29.7%$251,500$190,00032.4%
* This story only considers sales data for the part of Frankfort that is in Will County.

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