Zip 60423 (Frankfort, IL) Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Frankfort, Illinois	United States
	11,382.0	139,647,020.0
	31	42
	$401,000	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$25.81	$10.98
	$8,314	$2,690
	88.7%	57.4%
	4.2%	11.2%
	7.1%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.9%	0.4%
	0.4%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.3%	2.4%
	1.1%	2.8%
	1.3%	3.9%
	1.0%	4.5%
	3.8%	11.3%
	7.7%	13.0%
	28.9%	20.1%
	24.4%	13.6%
	16.9%	8.3%
	11.5%	9.7%
	2.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	27.2%	13.6%
	27.2%	13.6%
	17.2%	13.6%
	15.3%	13.2%
	22.7%	14.8%
	17.2%	13.6%
	3.0%	10.0%
	1.7%	4.7%
	3.2%	12.2%

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