Frankfort, IL Housing Statistics

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112%

Med. Home Val. NAT. AVG.

52%

Rent NAT. AVG.

49%

Owner Occ. NAT. AVG.

Frankfort Housing Information

Index	Frankfort	Illinois	National
Median home price	$691,249	$308,565	$326,622
Median rent asked	$2,200	$1,374	$1,444
Avg. people per household	2.7	2.6	2.6
Owner occupied households	94.8%	66.0%	63.6%
Renter occupied households	5.2%	34.0%	36.4%

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Homes For Sale In Frankfort, IL

23039 Lakeview Estates Blvd

Frankfort, IL

8214 Stanley Trl S

Frankfort, IL

8338 W Chestnut Ct

Frankfort, IL

20018 Waterview Trl

Frankfort, IL

See the Newest Homes For Sale In Frankfort, IL

Housing Quick Facts

The median home price in Frankfort is 112% higher than the national average.
The median rent asked in Frankfort is 52% higher than the national average.
The average number of people per household in Frankfort is 3% 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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Nearby cities with low home prices

	Population	Home Price	National Avg.
Ford Heights, IL	2,801	$79,743	76%
Dixmoor, IL	3,663	$117,615	64%
Phoenix, IL	1,450	$124,479	62%
Sauk Village, IL	10,669	$125,792	61%
Harvey, IL	24,931	$128,228	61%
Frankfort, IL	19,886	$691,249	112%

Cities with similar population

	Population	Home Price	National Avg.
Lake Forest, IL	19,888	$1,455,632	346%
Huntington, NY	19,888	$1,167,234	257%
Orinda, CA	19,891	$2,693,858	725%
Plattsburgh, NY	19,892	$255,722	22%
Salmon Creek, WA	19,907	$645,229	98%
Frankfort, IL	19,886	$691,249	112%

Source: The Frankfort, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.