Homes Under $500K in Frankfort, IL

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24 of 30 Listings

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Jeffrey Jonas

Realty.com

Lic. #471.004966

Call Jeffrey

27Active
$429,900
4 bd · 3 ba · 2,478 sqft
8247 W Wintergreen Drive, Frankfort, IL
Inga Jurevicius · Negotiable Realty Services, In
25Active
$479,000
4 bd · 3 ba · 2,736 sqft
429 Elm Street, Frankfort, IL
James Murphy · Murphy Real Estate Group
25Active
$367,500
3 bd · 2 ba · 1,032 sqft
20128 S Kingston Court, Frankfort, IL
Raymond Jones · Village Realty, Inc.

Listing data & MLS disclosures

Midwest Real Estate Data (MRED): Based on information submitted to the MLS GRID as of 2026-10-24 08:39:03 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

About Homes Under $500K in Frankfort, IL

Homes Under $500K in Frankfort, IL: 30 active listings as of October 24, 2026, 13:08 UTC.

Property types among these 30 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Single Family Residence	19	63.3%
Condominium	8	26.7%

Frankfort housing market

September 2026 · This period is still settling

Selling at 98.7% of asking price

Buyers here are paying below asking. MLS · 27 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 29, 2026

Median sale price: $540,000$360,000–$799,450 typical range
Price per sq. ft.: $242
Sales: 39
Paid in cash: 28.2%

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Median list price: $645,000
Homes for sale: 81
Median days on market: 11 days

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: 14.9%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 2,214 sq. ft.

Frankfort, IL community profile

Population: 20,576
Median income: $153,422
Housing units: 6,758
People per sq. mi.: 550.2
Area: 37.4 sq. mi.

Source: HJN community data

Homes Under $500K in Frankfort, IL

Your local brokerage

Listing data & MLS disclosures

About Homes Under $500K in Frankfort, IL

Frankfort housing market

Homes that sold · County records, as of Sep 29, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Frankfort, IL community profile

Explore Frankfort homes

Listing data & MLS disclosures

Your local brokerage

Your local brokerage

Frankfort, IL community profile

Frankfort housing market

Homes that sold · County records, as of Sep 29, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026