Frankfort Square, IL is a great area for housing investments. The median value of homes in Frankfort Square is $270,200, which is much lower than the US median house value of $338,100. Furthermore, houses in Frankfort Square have appreciated by an impressive 9.35% over the last year compared to 8.27% nationally. This makes it a great place to invest in property and take advantage of the steadily rising housing market.
The median home cost in Frankfort Square is $270,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Frankfort Square is up 13.7%.
Average Age of Homes
- The median age of Frankfort Square real estate is 35 years old
The Rental Market in Frankfort Square
- Renters make up 7.2% of the Frankfort Square population
- 0.9% of houses and apartments in Frankfort Square, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.