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Frankfort

Why you'd want to live in Frankfort

Frankfort, located in the southern suburbs of Chicago, is a charming village that offers a blend of historical character and modern amenities. Known for its vibrant downtown area, Frankfort boasts a variety of boutique shops, restaurants, and cultural events that foster a strong sense of community. The village is home to several parks and recreational facilities, making it an excellent choice for those who enjoy outdoor activities such as walking trails, sports fields, and picnic areas. Additionally, Frankfort's historic district features well-preserved architecture and hosts seasonal events like farmers' markets and art fairs. Its proximity to major highways also provides convenient access to Chicago while maintaining a quieter suburban atmosphere.

Frankfort Market Report

$664,321

AVERAGE PRICE OF 138 HOMES

$1,766,750

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$985,606

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$689,930

AVERAGE PRICE OF 10 HOMES WITH A POOL

$824,380

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $664,321
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

2 bedrooms $365,887
3 bedrooms $470,352
4 bedrooms $686,527
5 bedrooms $725,085
Frankfort Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 139 131 127 131 127
Average Price $660,845 $690,837 $683,770 $646,581 $712,868
Avg Price Change -4.54% +1.03% +5.75% -10.25% +3.88%
Median Price $550,505 $561,284 $546,591 $525,323 $608,282
Med Price Change -1.96% +2.69% +4.05% -15.79% +0.85%
Avg Bedrooms 2.95 beds 2.93 beds 2.91 beds 2.9 beds 2.96 beds
Avg Bathrooms 2.51 baths 2.48 baths 2.46 baths 2.45 baths 2.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lincoln-Way East High School 56 $661,217 57 days
Total Homes Average Price Avg Days on Site
All Homes 138 $664,321 96 days
Multi-Million Dollar Homes 18 $1,766,750 241 days
Newly Built Homes 16 $985,606 134 days
Homes with a Pool 10 $689,930 31 days
Reduced Price Homes 5 $824,380 118 days
Baird & Warner
Jared Gordon
21130 S. LaGrange Rd.
Frankfort, IL 60423
708-927-8460

Based on information submitted to the MLS GRID by MRED as of November 14, 2025 9 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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