Frankfort Housing Information - Census

IndexFrankfortIllinoisNational
Median home price$351,200$174,800$184,700
Median rent asked$1,750$925$949
Avg. people per household2.72.62.6
Owner occupied households94.8%66.0%63.6%
Renter occupied households5.2%34.0%36.4%

Frankfort Housing Information - Zillow

IndexFrankfortIllinoisNational
Zillow home value index$351,200$168,800$196,500
Year over year appreciation rate4.37%5.76%6.79%
5 year average appreciation rate2.73%3.66%5.28%
10 year average appreciation rate0.07%-1.85%0.01%

Did you know?

  • The median home price in Frankfort is 90% higher than the national average.
  • The median rent asked in Frankfort is 84% higher than the national average.
  • The average number of people per household in Frankfort is 4% higher than the national average.
  • The number of owner occupied households in Frankfort is 49% higher than the national average.
  • The number of renter occupied households in Frankfort is 86% lower than the national average.

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Compare Frankfort, IL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Dixmoor, IL3,614$44,20076%
Ford Heights, IL2,775$58,80068%
Sauk Village, IL10,541$69,10063%
Phoenix, IL2,042$71,60061%
Robbins, IL5,216$72,50061%
Frankfort, IL18,415$351,20090%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Marshfield, WI18,410$133,40028%
Round Lake, IL18,425$171,9007%
Trenton, MI18,426$123,40033%
Natchitoches, LA18,402$140,90024%
Calverton, MD18,429$326,20077%
Frankfort, IL18,415$351,20090%
Source: The Frankfort, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.