Frankfort, IL, Real Estate
Frankfort, Illinois, is a charming village located about 35 miles southwest of Chicago in Will County. Known for its historic downtown, Frankfort blends small-town warmth with modern amenities, offering a vibrant community atmosphere. The village boasts tree-lined streets, unique shops, and diverse dining options, with events like the Frankfort Fall Festival drawing visitors for its arts, crafts, and family-friendly activities. With a population of around 20,000, Frankfort maintains a tight-knit feel while providing access to top-rated schools and scenic parks, making it an appealing place for families and professionals alike. Its proximity to major highways and public transit also ensures easy access to the greater Chicago area.
Frankfort currently has 79 single family homes for sale with an average list price of $651,380.34, 19 townhouses for sale with an average list price of $506,989.42, 4 condos for sale with an average list price of $396,450, and 19 lots for sale with an average list price of $627,155.26. The average annual property tax for Frankfort is $9,406.56.
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Schools
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Frankfort, i.e. what's hot and what's not.
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Recent Sales
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Subdivisions
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Abbey Woods is a single-family home, townhouse, and condo community in Frankfort, Illinois, built between 1996 and 2021. It currently has no homes for sale. The homes range in size from 2,150 ft2 to 11,000 ft2. The average annual property tax for Abbey Woods is $17,137.80. It is located in Will County. Abbey Woods is a townhouse and single family home subdivision built from the late 1990's to late 2010's. Abbey Woods is located in Frankfort, Illinois east of LaGrange Road and north of Colorado Avenue.
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Median Price: $648,500 |
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Ashington Meadows is a single-family home community in Frankfort, Illinois, built between 2004 and 2025. It currently has 1 single family home for sale with a list price of $1,320,000. The homes range in size from 3,100 ft2 to 5,180 ft2. The average annual property tax for Ashington Meadows is $15,643.54. It is located in Will County. Ashington Meadows is a single family home subdivision built starting in 2005. Ashington Meadows is located in Frankfort, Illinois north of Steger Road and east of Scheer Road.
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Median Price: $819,900 |
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Autumn Fields is a single-family home community in Frankfort, Illinois, built between 2002 and 2004. It currently has 1 single family home for sale with a list price of $634,808. The homes range in size from 2,496 ft2 to 5,740 ft2. The average annual property tax for Autumn Fields is $12,360.06. It is located in Will County. Autumn Fields is a single family home neighborhood built in the early 2000s. Autumn Fields is located in Frankfort, Illinois east of Wolf Road and north of Steger Road.
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Median Price: $715,000 |
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Bowens Crossing is a townhouse and single-family home community in Frankfort, Illinois, built between 2010 and 2013. It currently has no homes for sale. The homes range in size from 2,750 ft2 to 2,950 ft2. The average annual property tax for Bowens Crossing is $10,577.70. It is located in Will County. Bowens Crossing is a townhouse community built in 2008. Bowens Crossing features townhomes with floor plans ranging from 2,300 to 2,950 square feet of living space.
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Median Price: $507,500 |
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Brookmeadow Estates is a single-family home community in Frankfort, Illinois, built between 2005 and 2024. It currently has no homes for sale. The homes range in size from 3,350 ft2 to 6,000 ft2. The average annual property tax for Brookmeadow Estates is $13,450.87. It is located in Will County. Brookmeadow Estates is a single family home subdivision built starting in 2005. Brookmeadow Estates is located in Frankfort, Illinois north of Laraway Road and west of Wolf Road.
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Median Price: $895,000 |
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Subdivisions
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Market Trends
Frankfort home sales for the month of June decreased in volume by 7.3% when compared to last year, while the median sale price rose by 58.6% from $380,000 to $602,500. House sales decreased by 3.2%, while the median sale price rose by 41.5% from $505,000 to $714,500. Condo sales decreased by 25%, while the median sale price rose by 13.4% from $262,000 to $297,000. Townhouse sales decreased by 16.7%, while the median sale price rose by 10.6% from $370,750 to $410,000.
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$400,000
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$445,000
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$454,500
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$485,000
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Median Sale Price for Frankfort
Number of Sales for Frankfort
Market Trends
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Nearby Parks
Elise Boulevard & Mary Drive
Field
Playground
Pond
Trails
Lincoln Lane & Cedar Lane
Field
Hiking Paths
Picnic Area
Playgrounds
Shelter
Trails
22108 S. 80th Avenue
Baseball Diamonds
Dog Park
Parking
Restrooms
Sled Hill
Softball Fields
Spray Park
Tennis Courts
Trails
Heritage Drive & Parkway Lane
Field
Playground
Softball Fields
Trails
Volleyball Courts
East Nebraska Street and Luther Lane
Field
Hiking Paths
Picnic Area
Playground
Softball Fields
Wolf Road south of Laraway Road
Basketball Courts
Fishing
Parking
Playground
Pond
Shelter
Skate Park
Softball Fields
Trails
Cardinal Lake Drive & 108th Avenue
Field
Playground
Pond
Pineridge Drive & Callista Drive
Baseball Diamonds
Field
Picnic Areas
Playground
Trails
Madeline Lane & Lakeview Estates Road
Field
Fishing
Picnic Area
Playground
Pond
Shelter
Trails
Johnson Avenue & Elm Street
Field
Playground
Softball Fields
200 South Locust Street
Baseball Diamonds
Basketball Courts
Football Field
Ice Skating Rink
Parking
Picnic Area
Playground
Restrooms
Shelter
Soccer Fields
Softball Fields
Tennis Courts
Volleyball Courts
South Elsner Road and Old Plank Trail
Baseball Diamonds
Biking Paths
Hiking Paths
Soccer Fields
Trails
Misty Falls Lane
Field
Fishing
Picnic Areas
Playground
Pond
Shelter
Trails
Owens Road & Sandalwood Drive
Baseball Diamonds
Hiking Paths
Playground
Pond
Trails
Biking Paths
Cross-Country Skiing
Hiking Paths
Tanglewood Lane & Tanglewood Court
Field
Playground
Pineridge Drive & High Stone Way
Playground
Oakfield Drive & Pineview Lane
Baseball Diamonds
Field
Playground
Shelter
Soccer Fields
Pfeiffer Road & Charrington Road
Playground
Trails
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Nearby Parks
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Nearby Golf Courses
601 Prestwick Dr, Frankfort, IL 60423
Par 72 • 72 holes • 6810 yards
Nearby Golf Courses
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Real Estate News
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Frankfort had 6 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 19 to Friday, July 25, including 6 single ...
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Frankfort had 16 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 14 single family homes for sale with an average list ...
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Frankfort had 3 new construction homes during the week of Wednesday, July 16 to Tuesday, July 22, including 2 single family homes for sale with an average list price of ...
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Frankfort had 6 sales during the week of Tuesday, July 15 to Monday, July 21, including including 3 single family homes for sale with an average list price of $674,633.33, ...
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Frankfort had 6 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 12 to Friday, July 18, including 4 single ...
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Real Estate News
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