1 bedroom homes for sale in Frankfort, IL

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Frankfort, IL Real Estate Market Overview

The number of homes for sale in Frankfort, IL decreased by 14.8% between December 2024 and January 2025. In January 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $482,000. Frankfort, IL housing market in January 2025 saw over 5 listings sold above listed price, more than 2 sold at listed price and over 13 sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Frankfort, IL

Schools near Frankfort, IL

Elementary Schools

  • Chelsea Elementary School

    22265 S 80th Ave

    Public District 3-5

  • Dr. Julian Rogus Elementary School

    20027 S 88th Ave

    Public District PK-4

  • Indian Trail Elementary School

    20912 S Frankfort Square Rd

    Public District 1-4

Middle Schools

  • Summit Hill Junior High School

    7260 W North Ave

    Public District 7-8

  • Hickory Creek Middle School

    22150 S Owens Rd

    Public District 6-8

High Schools

  • Lincoln-Way East High School

    201 Colorado Ave

    Public District 9-12

Data provided by Great Schools

Housing market reports in Will County

Homes for sale near Frankfort, IL

Real estate in Frankfort neighborhoods

Top real estate cities in Illinois

*Based on Rocket Mortgage data in comparison to public data records.

1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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New York:  Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H
TREC: Information about brokerage services, Consumer protection notice
California DRE #01804478

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