Real Estate Data > US real estate data > Illinois > Will County > Frankfort

Frankfort, IL Real Estate & Property Data

Frankfort Real Estate Market Trends

Last Updated: September 20, 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 480 residential properties have sold over the past year. With a median home price of $445,000 in Frankfort and a total of 6 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 10,931

Total Commercial Properties 572

Avg. Home Age (Single Family Home) 37 Years

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

Total 2025 Residential Sales (year-to-date) 241

% of Homes Seriously Underwater (Q3 2025) 0.71%

Total 2024 Residential Sales 454

% of Equity Rich Homes (Q3 2025) 49.63%

Effective 2024 Property Tax 2.12%

Total Foreclosure Filings (year-to-date) 40

Interested in Purchasing National or Frankfort, IL 60423 Property Data?

Frankfort, IL 60423 Real Estate Overview

There were 480 residential properties sold in the past year in Frankfort, IL 60423. The median home value in Frankfort, IL 60423 is $503,371. There are a total of 10,931 residential properties in the 60423.

Median Sales Price i

$445,000

(Jul 2025)

-9.2%

year-over-year

y-o-y

July '25 Jul '25 $445,000
June '25 Jun '25 $570,000
May '25 May '25 $502,500
April '25 Apr '25 $531,500
March '25 Mar '25 $485,000
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 $450,000
September '24 Sep '24 $468,450
August '24 Aug '24 $525,900

Median Down Payment i

$85,000

(Jul 2025)

-13.6%

year-over-year

y-o-y

July '25 Jul '25 $85,000
June '25 Jun '25 $100,000
May '25 May '25 $95,000
April '25 Apr '25 $97,553
March '25 Mar '25 $97,500
February '25 Feb '25 $49,275
January '25 Jan '25 $68,237
December '24 Dec '24 $119,000
November '24 Nov '24 $69,500
October '24 Oct '24 $66,000
September '24 Sep '24 $53,245
August '24 Aug '24 $99,250

Number of Homes Sold i

42

(Jul 2025)

-8.7%

year-over-year

y-o-y

July '25 Jul '25 42
June '25 Jun '25 44
May '25 May '25 42
April '25 Apr '25 33
March '25 Mar '25 28
February '25 Feb '25 28
January '25 Jan '25 24
December '24 Dec '24 37
November '24 Nov '24 30
October '24 Oct '24 35
September '24 Sep '24 34
August '24 Aug '24 57

Number of Purchase Loans i

23

(Jul 2025)

-28.1%

year-over-year

y-o-y

July '25 Jul '25 23
June '25 Jun '25 31
May '25 May '25 27
April '25 Apr '25 23
March '25 Mar '25 24
February '25 Feb '25 23
January '25 Jan '25 19
December '24 Dec '24 29
November '24 Nov '24 28
October '24 Oct '24 25
September '24 Sep '24 23
August '24 Aug '24 42

Number of REFI Loans i

23

(Jul 2025)

-25.8%

year-over-year

y-o-y

July '25 Jul '25 23
June '25 Jun '25 22
May '25 May '25 27
April '25 Apr '25 28
March '25 Mar '25 35
February '25 Feb '25 22
January '25 Jan '25 23
December '24 Dec '24 18
November '24 Nov '24 26
October '24 Oct '24 21
September '24 Sep '24 24
August '24 Aug '24 24

Number of HELOC Loans i

20

(Jul 2025)

+33.3%

year-over-year

y-o-y

July '25 Jul '25 20
June '25 Jun '25 17
May '25 May '25 25
April '25 Apr '25 18
March '25 Mar '25 18
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

Frankfort, IL 60423 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3
4
…
8

Frankfort, IL 60423 Foreclosure Activity

There were a total of 6 Frankfort, IL 60423 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i

6

(Jul 2025)

+100%

year-over-year

y-o-y

July '25 Jul '25 6
June '25 Jun '25 6
May '25 May '25 4
April '25 Apr '25 4
March '25 Mar '25 6
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

Foreclosure Starts i

5

(Jul 2025)

+400%

year-over-year

y-o-y

July '25 Jul '25 5
June '25 Jun '25 6
May '25 May '25 4
April '25 Apr '25 2
March '25 Mar '25 5
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

Completed Foreclosures (REOs) i

July '25 Jul '25 N/A
June '25 Jun '25 1
May '25 May '25 N/A
April '25 Apr '25 1
March '25 Mar '25 1
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

Nearby Cities

Interested in growing your business with Frankfort, IL property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.