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Peoria Standard

Tuesday, November 5, 2024

October 2021: Home prices in Frankfort (Will County) increased

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The median sale price of a home sold in October 2021 in Frankfort in Will County rose by $100,200 while total sales decreased by 11.6%, according to BlockShopper.com.

In October 2021, there were 38 homes sold, with a median sale price of $478,200 - a 26.5% increase over the $378,000 median sale price for the same period of the previous year. There were 43 homes sold in Frankfort in October 2020.

The median sales tax in Frankfort for the most recent year with available data, 2019, was $9,026, approximately 1.9% of the median home sale price for October 2021.

The following table compares Frankfort to other Will County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Naperville6276-18.4%$562,900$480,00017.3%
Wilton10-$520,000$0-
Frankfort3843-11.6%$478,200$378,00026.5%
Wheatland Plains12-50%$425,000$249,95070%
Homer Glen2846-39.1%$400,000$339,50017.8%
Tinley Park813-38.5%$382,900$373,0002.7%
Minooka63100%$352,917.50$285,00023.8%
Plainfield6973-5.5%$350,000$311,00012.5%
Mokena302330.4%$350,000$384,500-9%
New Lenox5262-16.1%$337,000$289,47516.4%
Willowbrook20-$334,000$0-
* This story only considers sales data for the part of Frankfort that is in Will County.

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