Is Frankfort, IL 60423 a buyer’s or seller’s market?
Frankfort is a seller’s market. With about 2.7 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score59/ 100
More competitive than 61% of U.S. ZIP codes, and #310 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.7Under 4 months = seller’s market
Sold above original list31.7%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$215▲ +3.5% vs. last year
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Nearby markets
Aurora 60503Seller’s market $227 /sq ftBeecher 60401Balanced $164 /sq ftBolingbrook 60440Seller’s market $210 /sq ftBolingbrook 60490Seller’s market $217 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology