All Home Types
Frankfort, IL Housing Market
What is the housing market like in Frankfort today?
In February 2025, Frankfort home prices were up 27.7% compared to last year, selling for a median price of $555K. On average, homes in Frankfort sell after 92 days on the market compared to 92 days last year. There were 16 homes sold in February this year, up from 16 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$554,950
+27.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Frankfort, IL
$554,950
+27.7%
United States
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Frankfort Migration & Relocation Trends
In Dec '24 - Feb '25, 16% of Frankfort homebuyers searched to move out of Frankfort, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Frankfort from outside metros.
- Peoria homebuyers searched to move into Frankfort more than any other metro followed by New York and Springfield.
Where are people moving to Frankfort from?
- 84% of Frankfort homebuyers searched to stay within the Frankfort metropolitan area.
- Cape Coral was the most popular destination among Frankfort homebuyers followed by Phoenix and Sarasota.
Where are people from Frankfort moving to?
Number of People Moving to Frankfort
least
most
People are moving to Frankfort from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,018 | ||
| 2 | 825 | ||
| 3 | 682 | ||
| 4 | 638 | ||
| 5 | 604 | ||
| 6 | 340 | ||
| 7 | 301 | ||
| 8 | 292 | ||
| 9 | 282 | ||
| 10 | 273 | ||
People are leaving Frankfort for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 2,000 | ||
| 2 | 1,179 | ||
| 3 | 1,104 | ||
| 4 | 999 | ||
| 5 | 910 | ||
| 6 | 882 | ||
| 7 | 882 | ||
| 8 | 865 | ||
| 9 | 838 | ||
| 10 | 715 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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