Frankfort IL Homes for Sale

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Frankfort Real Estate

The median home value in Frankfort, IL is $463,000. This is higher than the county median home value of $216,200. The national median home value is $219,700. The average price of homes sold in Frankfort, IL is $463,000. Approximately 88.98% of Frankfort homes are owned, compared to 5.63% rented, while 5.39% are vacant. Frankfort real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Frankfort real estate agent to arrange a tour today!

Frankfort, Illinois has a population of 18,572. Frankfort is more family-centric than the surrounding county with 41.76% of the households containing married families with children. The county average for households married with children is 39.47%.

The median household income in Frankfort, Illinois is $118,508. The median household income for the surrounding county is $80,782 compared to the national median of $57,652. The median age of people living in Frankfort is 42.9 years.

Frankfort Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 38.6 inches per year, with 28.3 inches of snow per year.

Frankfort Real Estate Market Conditions

  • Median sales price

    $463,000
    1.38% change since last quarter
  • # Active listings

    122
    30-day change

Frankfort Schools and Demographics

Education near Frankfort, IL

Metric City County
High School Graduates 96.54 90.83
College Degree - 2 year 8.04 8.24
College Degree - 4 year 55.15 33.56
Graduate Degree 14.93 9.57
Expenditures per Student 11,474 12,666
Students per Teacher 16.2 17.5

Elementary Schools near Frankfort, IL

School Grades Students P/T Ratio ZIP
Arbury Hills Elementary School 01 - 04 244 12.4 60448
Chelsea Elementary School 03 - 05 801 16.7 60423
Christa McAuliffe School PK - 05 499 15.7 60487
Dr Julian Rogus School PK - 04 799 14.2 60423
Frankfort Square Elementary School 01 - 04 227 13.4 60423
Grand Prairie Elementary School PK - 02 768 16.6 60423
Indian Trail Elementary School 01 - 04 442 13.7 60423
Marya Yates Elementary School PK - 05 349 12.6 60443
Matteson Elementary School 01 - 03 348 13.6 60443
Millennium Elementary School PK - 05 586 14.6 60487
Mokena Elementary School PK - 03 677 15.2 60448
Monee Elementary School KG - 05 488 16.3 60449
Sieden Prairie Elementary School KG - 05 253 13.2 60443
Woodgate Elementary School PK - 05 338 12.9 60443

Middle Schools near Frankfort, IL

School Grades Students P/T Ratio ZIP
Colin Powell Middle School 06 - 08 682 13.9 60443
Hickory Creek Middle School 06 - 08 893 15.1 60423
Mokena Intermediate School 04 - 05 349 14.5 60448
Mokena Junior High School 06 - 08 597 15.7 60448
O W HUTH Middle School 07 - 08 611 13.3 60443
Peotone Intermediate Center 04 - 05 226 12.6 60423
Prairie View Middle School 06 - 08 645 12.9 60487
Summit Hill Junior High School 07 - 08 777 13.8 60423
Walker Intermediate School 05 - 06 756 15.5 60487

High Schools near Frankfort, IL

School Grades Students P/T Ratio ZIP
Lincoln-Way East High School 09 - 12 2,153 18 60423
Lincoln-Way North High School 09 - 12 1,718 18.6 60423
Victor J Andrew High School 09 - 12 2,036 15 60487

Ungraded Schools near Frankfort, IL

School Grades Students P/T Ratio ZIP
Monee Education Center 06 - 12 34 5.2 60449

Demographics near Frankfort, IL

Metric City County
Neighborhood Type Suburban
Population 18,572 687,727
Population Density 1,155 823
Median Age 42.9 37.3
People per Household 3.1 3
Median Household Income 118,508 80,782
Average Income per Capita 47,731 33,731