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 77 single family homes for sale with an average list price of $688,849.01, 17 townhouses for sale with an average list price of $520,600, 10 condos for sale with an average list price of $388,640, and 17 lots for sale with an average list price of $634,541.18. The average annual property tax for Frankfort is $9,358.49.
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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 1 single family home for sale with a list price of $985,000 and 1 townhouse for sale with a list price of $569,900. The homes range in size from 2,150 ft2 to 11,000 ft2. The HOA fees range from $13 to $300 per month. The average annual property tax for Abbey Woods is $17,188.99. 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: $710,000 |
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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 $1,275,000. The homes range in size from 3,100 ft2 to 5,180 ft2. The HOA fees range from $46 to $63 per month. 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: $797,450 |
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Autumn Fields is a single-family home community in Frankfort, Illinois, built between 2002 and 2004. It currently has no homes for sale. The homes range in size from 2,496 ft2 to 5,740 ft2. The HOA fees range from $250 to $250 per month. 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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Bowens Crossing is a townhouse 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 HOA fees range from $275 to $275 per month. 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 2 single family homes for sale with an average list price of $849,950. The homes range in size from 3,350 ft2 to 6,000 ft2. The HOA fees range from $30 to $33 per month. The average annual property tax for Brookmeadow Estates is $13,795.93. 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: $765,000 |
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Subdivisions
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Market Trends
Frankfort home sales for the month of October rose in volume by 4% when compared to last year, while the median sale price rose by 5.3% from $480,000 to $505,500. House sales decreased by 4.5%, while the median sale price rose by 12.8% from $487,500 to $550,000. Condo sales stayed the same, while the median sale price stayed the same. Townhouse sales stayed the same, while the median sale price rose by 20.7% from $415,000 to $501,000.
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$400,000
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$445,000
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$442,000
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$482,000
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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, October 25 to Friday, October 31, including 3 single ...
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Frankfort had 14 new homes for sale during the week of Friday, October 24 to Thursday, October 30, including including 10 single family homes for sale with an average list ...
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Frankfort had only 1 new home backing up to golf courses for sale during the week of Tuesday, October 21 to Monday, October 27, and it was a condo for ...
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Frankfort had 9 sales during the week of Tuesday, October 21 to Monday, October 27, including including 6 single family homes for sale with an average list price of $559,783.17, ...
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Frankfort had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, October 18 to Friday, October 24, and it ...
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Real Estate News
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