The housing median value in 60423 Frankfort, IL is $401,000, which is higher than the US house median value of $338,100. Furthermore, the house appreciation in 60423 Frankfort, IL over the past year has been 9.35%, which is higher than the US 1 year House Appreciation of 8.27%. This demonstrates an upward trend in the real estate market in 60423 Frankfort and suggests that it's a great time to invest in housing in this area.
The median home cost in Frankfort (zip 60423) is $401,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Frankfort (zip 60423) is up 13.7%.
Average Age of Homes
- The median age of Frankfort (zip 60423) real estate is 25 years old
The Rental Market in Frankfort (zip 60423)
- Renters make up 6.0% of the Frankfort (zip 60423) population
- 0.3% of houses and apartments in Frankfort (zip 60423), 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.