Frankfort
IL
Average Sales Price
$745,244
Median Sales Price
$650,000
Population
31,547
Total Listings
157
Discover Life in Frankfort with Katie O'Brien
Local Perspective
If I were walking you through Frankfort, I’d point out how this village blends small-town warmth with a sense of growth that’s hard to find elsewhere on the southwest side. Frankfort occupies a unique position in our broader market—close enough to Chicago for an easy commute, but with a character and pace all its own. I often recommend Frankfort to clients who want a true community feel without sacrificing access to modern amenities. There’s a thoughtful balance here: historic charm in the downtown, newer developments on the outskirts, and a genuine pride among residents that you can feel as soon as you arrive. Whether you’re looking for your first home or planning your next chapter, Frankfort offers a setting where possibilities naturally unfold.
Neighborhood Highlights
Frankfort’s overall vibe is welcoming, active, and distinctly family-oriented. The historic downtown is a local treasure—walkable, with boutiques, coffee shops, and frequent community events that bring neighbors together year-round. Tree-lined streets and well-kept parks give the area a peaceful, almost storybook quality, while newer subdivisions offer a more contemporary suburban experience. Compared to nearby communities, Frankfort feels a bit more connected and intentional—residents are invested in keeping it vibrant and beautiful. Whether you’re out for a summer festival, a farmer’s market run, or just an evening stroll, there’s always a sense of belonging here.
Homes & Architecture
You’ll find a diverse mix of homes in Frankfort, from classic two-story colonials and charming Victorians near the heart of town, to newer custom builds and spacious ranches in the surrounding neighborhoods. Many of the homes feature generous lots, mature landscaping, and layouts designed with family living and entertaining in mind—open kitchens, inviting great rooms, and flexible spaces for work or play. Architectural styles range from traditional to transitional, with a steady stream of well-maintained properties that reflect local pride. There’s a nice blend of established homes with character and newer builds offering modern finishes and energy efficiency.
Demographics
Data provided by Attom Data
Population
Employment
Population
31.5K
31.5K in 2020
Density
845.8
per square mile
Households
10.5K
43 With Children
Gender
49% / 51%
Men Vs Women
Occupancy
94% / 6%
Owned Vs Rented
Age Median: -- Years
No Data
Education Level
No Data
Educational Environment
Elementary Schools (10)Middle Schools (4)High Schools (5)
Name
Category
Grades
Library
Ratio
9/10
Dr Julian Rogus School
20027 S 88th Ave, Frankfort, IL 60423
Public
PK - 4
No
19:1 STUDENTS/TEACHERS
9/10
Chelsea Elementary School
22265 S 80th Ave, Frankfort, IL 60423
Public
3 - 5
No
16:1 STUDENTS/TEACHERS
6/10
Indian Trail Elementary School
20912 S Frankfort Sq Rd # R, Frankfort, IL 60423
Public
1 - 4
No
16:1 STUDENTS/TEACHERS
4/10
Green Garden Elementary School
9526 West 255th St, Frankfort, IL 60423
Public
PK - 4
No
11:1 STUDENTS/TEACHERS
0/10
Heritage Christian School
21739 S La Grange Rd, Frankfort, IL 60423
Private
PK - 12
No
6:1 STUDENTS/TEACHERS
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Amenities & Attractions
Featured Listings
For Sale (126)
For Sold (3976)
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FAQs
To help you make informed decisions, we've compiled answers to some of the most commonly asked questions.

How much do I need for a down payment on a home?
The amount you need for a down payment depends on the type of loan and your financial situation. While 20% is a common benchmark, many buyers put down less—some conventional loans allow as little as 3%, and FHA loans require just 3.5%.
What's included in my monthly mortgage payment?
What is a 2-1 buydown, and how does it work?
Who pays for the 2-1 buydown—the buyer, the seller, or the lender?
What are closing costs, and how much should I expect to pay?
How does my credit score affect my mortgage rate?








