Frankfort Real Estate Market Overview

Could Frankfort, IL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Frankfort. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Frankfort such as Mo...kena and New Lenox. When you’re ready, Trulia has 203 resale and new homes in Frankfort lined up for you, including 10 open houses, and 82 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$295,000

Median Sales Price

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$142

Price Per Sqft

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$1,893

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Frankfort show a -8% year-over-year drop in median sales price and a -4% drop in median rent per month.

Median Sales Price
The median sales price for homes in Frankfort for May 10 to Aug 9 was $295,000 based on 109 home sales.
Price Per Square Ft.
Average price per square foot for Frankfort was $142, an increase of 0% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Frankfort for Jul 10 to Aug 10 was $1,893.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Frankfort can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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97

Counts of Arrest

79

Counts of Theft

13

Counts of Vandalism


Best Schools in Frankfort

There are 15 schools in Frankfort.

Elementary Schools
9

Chelsea Elementary School

Public, 3-5

7

Walker Intermediate School

Public, 5-6

7

Dr Julian Rogus School

Public, PK-4

Middle Schools
8

Hickory Creek Middle School

Public, 6-8

7

Summit Hill Junior High School

Public, 7-8

N/A

Pioneer Grove Educational Center

Public, PK-11

High Schools
10

Lincoln-Way East High School

Public, 9-12

3

Rich South Campus High School

Public, 9-12

N/A

Pioneer Grove Educational Center

Public, PK-11


Demographics

Get to know your neighbors in Frankfort by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
14%
Single residents
Home owners
96%
Home owners
Median age
39
Median age
Household income
$86,766
Median household income
College educated
48%
College educated

Commute

Most people in Frankfort commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
91% commute by car
0% commute by bike
7% commute by public transportation
0% commute by foot

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