Why Live in Frankfort
South Frankfort, part of the rapidly growing suburb of Frankfort, offers a tranquil suburban lifestyle just south of downtown. This neighborhood is ideal for families and professionals seeking a peaceful environment with a community feel. Homes range from $400,000 to over $1.3 million, featuring styles like ranches, custom builds, and modern farmhouses. The area is known for its excellent schools, including Grand Prairie Elementary, Hickory Creek Middle School, and Lincoln-Way East High School, all highly rated and benefiting from significant local tax investment. Residents enjoy local parks such as Jackson Creek Park and Roy and Dorothy Janssen Park, which offer amenities like playgrounds, sports fields, and walking routes. For things to do, the neighborhood hosts events like the Frankfort Fall Fest and a bluegrass festival. The Old Plank Trail provides a scenic bike route, and downtown Frankfort is easily accessible for weekend farmers' markets. Dining options include Fat Rosie's Taco & Tequila Bar and Cultivate Community Table, offering diverse culinary experiences. Grocery shopping is convenient with Jewel-Osco and Mariano's nearby. The area is safer than the national average, and commuting is facilitated by two local train stations and proximity to State Route 45, with Chicago Midway International Airport less than an hour away.
Home Trends in Frankfort, IL
On average, homes in Frankfort, IL sell after 37 days on the market compared to the national average of 69 days. The median sale price for homes in Frankfort, IL over the last 12 months is $330,000, down 47% from the median home sale price over the previous 12 months.
Median Sale Price
$330,000
Median Single Family Sale Price
$330,000
Median 2 Bedroom Sale Price
$145,000
Median 1 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$225
Number of Homes for Sale
2
Last 12 months Home Sales
25
Median List Price
$272,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-47%