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Frankfort, IL Real Estate & Property Data

Frankfort Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Frankfort, IL 60423. ATTOM’s Frankfort real estate data is updated daily, and current market trends show that in Frankfort, IL a total of 473 residential properties have sold over the past year. With a median home price of $370,000 in Frankfort and a total of 4 foreclosures. Get detailed property data for Frankfort, IL instantly. ATTOM is your one-stop-shop for the Frankfort property reports and real estate data you need in Frankfort, IL.

Frankfort Real Estate Market Trends

Get property data for any address in Frankfort, IL or the country:

Total Residential Properties 10,887

Total Commercial Properties 578

Avg. Home Age (Single Family Home) 37 Years

Avg. Square Feet (Single Family Home) 2,335

Total 2025 Residential Sales (year-to-date) 55

% of Homes Seriously Underwater (Q2 2025) 0.8%

Total 2024 Residential Sales 454

% of Equity Rich Homes (Q2 2025) 47.16%

Effective 2024 Property Tax 2.15%

Total Foreclosure Filings (year-to-date) 14

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Frankfort, IL 60423 Real Estate Overview

There were 473 residential properties sold in the past year in Frankfort, IL 60423. The median home value in Frankfort, IL 60423 is $467,713. There are a total of 10,887 residential properties in the 60423.

Median Sales Price i

$370,000

(Feb 2025)

-13.5%

year-over-year

y-o-y

February '25 Feb '25 $370,000
January '25 Jan '25 $470,000
December '24 Dec '24 $530,000
November '24 Nov '24 $500,000
October '24 Oct '24 $457,500
September '24 Sep '24 $468,450
August '24 Aug '24 $525,900
July '24 Jul '24 $490,000
June '24 Jun '24 $525,000
May '24 May '24 $473,000
April '24 Apr '24 $437,500
March '24 Mar '24 $525,000

Median Down Payment i

$49,275

(Feb 2025)

-48.1%

year-over-year

y-o-y

February '25 Feb '25 $49,275
January '25 Jan '25 $68,237
December '24 Dec '24 $119,000
November '24 Nov '24 $56,750
October '24 Oct '24 $79,500
September '24 Sep '24 $53,245
August '24 Aug '24 $99,250
July '24 Jul '24 $98,377
June '24 Jun '24 $81,500
May '24 May '24 $60,000
April '24 Apr '24 $66,740
March '24 Mar '24 $39,504

Number of Homes Sold i

28

(Feb 2025)

-9.7%

year-over-year

y-o-y

February '25 Feb '25 28
January '25 Jan '25 27
December '24 Dec '24 41
November '24 Nov '24 37
October '24 Oct '24 36
September '24 Sep '24 34
August '24 Aug '24 59
July '24 Jul '24 44
June '24 Jun '24 38
May '24 May '24 27
April '24 Apr '24 44
March '24 Mar '24 27

Number of Purchase Loans i

22

(Feb 2025)

-12%

year-over-year

y-o-y

February '25 Feb '25 22
January '25 Jan '25 21
December '24 Dec '24 33
November '24 Nov '24 33
October '24 Oct '24 28
September '24 Sep '24 27
August '24 Aug '24 46
July '24 Jul '24 32
June '24 Jun '24 33
May '24 May '24 22
April '24 Apr '24 32
March '24 Mar '24 23

Number of REFI Loans i

22

(Feb 2025)

+83.3%

year-over-year

y-o-y

February '25 Feb '25 22
January '25 Jan '25 22
December '24 Dec '24 17
November '24 Nov '24 25
October '24 Oct '24 20
September '24 Sep '24 24
August '24 Aug '24 24
July '24 Jul '24 31
June '24 Jun '24 24
May '24 May '24 21
April '24 Apr '24 27
March '24 Mar '24 15

Number of HELOC Loans i

15

(Feb 2025)

+15.4%

year-over-year

y-o-y

February '25 Feb '25 15
January '25 Jan '25 17
December '24 Dec '24 17
November '24 Nov '24 17
October '24 Oct '24 15
September '24 Sep '24 11
August '24 Aug '24 10
July '24 Jul '24 14
June '24 Jun '24 16
May '24 May '24 21
April '24 Apr '24 16
March '24 Mar '24 9

Frankfort, IL 60423 Real Estate Market Overview

Last 30 days

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Frankfort, IL 60423 Foreclosure Activity

There were a total of 4 Frankfort, IL 60423 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

4

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 4
January '25 Jan '25 10
December '24 Dec '24 3
November '24 Nov '24 2
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 3
June '24 Jun '24 4
May '24 May '24 3
April '24 Apr '24 4
March '24 Mar '24 2

Foreclosure Starts i

2

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 8
December '24 Dec '24 2
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 1
June '24 Jun '24 3
May '24 May '24 3
April '24 Apr '24 4
March '24 Mar '24 2

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 1
March '24 Mar '24 N/A

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