Frankfort, IL housing market
Homes typically sell in 57 days, close to asking.
Home values, sales, trends and how Frankfort compares with the towns next door — updated as new data is published.
Frankfort at a glance
A seller's market
Supply is tight — about 2.9 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Frankfort and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Frankfort | — | — | 57 | $154,375 |
| Frankfort Square | — | — | 35 | $126,897 |
| Tinley Park | $338K | +4.8% | 47 | $105,189 |
| Richton Park | $230K | +7.3% | 56 | $64,554 |
| Mokena | $459K | +5% | 41 | $123,889 |
| Frankfort | $503K | +3.6% | — | $134,769 |
| New Lenox | $456K | +2.7% | — | $133,434 |
3.1 years of income
The typical Frankfort home costs about 3.1 years of the town's median household income, less than across Illinois (3.6 years).
How Frankfort ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.