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Frankfort Housing Market Report

August 2026 • Updated daily from MLS data

$708,673
Average Price
92
Active Listings
34
Avg Days on Market
$213
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Frankfort broken down by property type

Price Distribution

How Frankfort home prices are distributed across price ranges

Under $100K
3
3
$100K–$200K
4
4
$200K–$300K
3
3
$300K–$500K
23
23
$500K–$750K
30
30
$750K–$1M
11
11
$1M+
16
16

Listings by Bedrooms

Bedroom count breakdown for active listings in Frankfort

0
1 Bed
16
2 Bed
31
3 Bed
24
4 Bed
20
5+ Bed

Demographics & Community

Census data for Frankfort, Illinois

20,260
Population
$157,615
Median Household Income
42.6
Median Age
$438,700
Census Median Home Value

Housing Occupancy

Total Housing Units6,893
Owner-Occupied6,189 (94.1%)
Renter-Occupied390 (5.9%)
Vacant Units314
Median Rent$2,265/mo

Commute & Education

Median Commute8122 min
Work From Home9.2%
Public Transit2.5%
Bachelor's Degree+39.1%
High School Diploma+0.1%

Affordability & Housing Costs

HUD data for the Frankfort area

Fair Market Rent (2024)

Studio$743/mo
1 Bedroom$744/mo
2 Bedroom$978/mo
3 Bedroom$1,313/mo
4 Bedroom$1,561/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Frankfort (2024)

7
Violent Crimes
141
Property Crimes
38
Burglaries
17
Vehicle Thefts

School Districts

School districts serving Frankfort properties

157C
161
207U
159
210

Featured Listings in Frankfort

Top properties currently on the market

Save $18,860 on the Average Frankfort Home

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