Housing in Frankfort Square, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$337,000

Median List Price

$339,900

Price Per Sq Ft

$226

Days on Market

49

Active Inventory

17

Months of Supply

3.4

Seller's market

Price Trends

Source: Redfin
Sale Price 11.9%List Price 53.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

72.7%

Sale-to-List Ratio

99.3%

Buyer's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
72.7%
Listings with Price Drops
29.4%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

13

Pending Sales

11

Homes Sold 25.0%New Listings 8.3%Pending 8.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$226

Median List $/SF

$211

Sale $/SF 44.9%List $/SF 3.4%Mar 24Jan 26

Frankfort Square vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Frankfort Square is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$282,100

Median Rent

$1,511

Total Housing Units

3,402

Vacancy Rate

3.6%

Owner Occupied

93.2%

Renter Occupied

6.8%

Median Property Tax

$6,897

per year

Monthly Cost (w/ Mortgage)

$1,844

Housing Types

Single Family
94.7%
Multi-Family
5.3%
Mobile Home
0.0%

The current median sale price in Frankfort Square, IL is $337,000 according to Redfin data. Homes spend a median of 49 days on the market. 40.0% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $226. The median rent is $1,511 per month (Census ACS). About 93.2% of housing units are owner-occupied. The median year homes were built is 1985. There are 3,402 total housing units.