Current Price

$445,948

1 Month Forecast

â–² $493,950

1-Year Forecast *

â–² $533,682

5-Year Forecast *

â–² $638,645

"Is it a good time to buy homes in Frankfort?" "Does investing in real estate in Frankfort (Illinois State, Will County) worth it?" According to our live Forecast System, buying a house in Frankfort is a good short-term (1-year) investment*. The Frankfort average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Frankfort" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Frankfort in Illinois State, Will County. If you are looking for homes for sale with good flipping profit, Frankfort can be a profitable property investment option. The median price of an average house in Frankfort was 445,948 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Frankfort" area is 638,645 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +43.21% meaning that investing 100000 USD today may yield a profit of 43,211 USD by 2031.

Current Median Listing Price: 445,948 USD Median Listing Price Per Square Foot: 248 USD

Frankfort Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Frankfort (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Frankfort Price Target

Frankfort median home price target in 12 months: $533,682* (upside of 19.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $482,640 $490,344 $482,640 $490,344
2024 $429,682 $445,948 $429,682 $445,948
2023 $397,720 $429,719 $397,720 $429,719
2022 $372,527 $398,604 $372,527 $402,337
2021 $333,640 $368,399 $333,640 $368,399
2020 $313,374 $330,431 $313,374 $330,431
2019 $309,447 $312,777 $309,447 $313,584
2018 $303,676 $308,125 $303,676 $308,125
2017 $298,103 $303,283 $298,103 $303,376
2016 $287,307 $296,739 $287,307 $296,739
2015 $277,866 $285,714 $277,866 $285,714
2014 $274,683 $277,638 $274,683 $278,700
2013 $261,509 $273,810 $261,509 $273,810
2012 $264,432 $261,416 $261,416 $264,432

Questions & Answers about the Frankfort Housing Market Forecast

How much does an average home cost in Frankfort today?

The value of an average home (the listing price) in Frankfort is $445,948 USD.

What is the average price per square foot in Frankfort?

According to Walletinvestor the median price per square foot in Frankfort is 248 USD.

Will the median listing price of homes in Frankfort grow / rise / go up?

Yes. The Frankfort home prices may rise from 445,948 USD to 533,682 USD in one year.

Is it profitable to invest in Frankfort homes?

Yes. The long-term profit potential is +19.67% in one year.

Will Frankfort house prices fall / drop?

No. See above.

What is the predicted price of a Frankfort home in 2030?

The predicted home sales price of a Frankfort home in 2030 in Frankfort is 598,194 USD.

What is the predicted price of a Frankfort home in 2035?

The predicted home sales price of a Frankfort home in 2035 in Frankfort is 766,736 USD.

Will real estate prices decrease in Frankfort?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Frankfort is the 1883. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Will, Frankfort decreased, looking at the past 12 months.

According to Walletinvestor's Frankfort real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.135% to 445,948 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 18.874% in 2021
  • 19.294% in 2022
  • 18.694% in 2023
  • 18.724% in 2024
  • 20.494% in 2025
  • 17.884% in 2026

Based on our Frankfort real estate market research and report the predicted sales prices will increase by 502.540% in the next 10 years.

Over the last 12 months, the value of homes in Frankfort fluctuated: increasing 4 times .

Frankfort (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Frankfort Housing Market Forecast with Real Estate Prices for 2025
August 2025 493950 453446 534454
September 2025 497583 455786 539380
October 2025 501243 461144 541343
November 2025 504930 474634 535226
December 2025 508268 459474 557062
Frankfort Housing Market Forecast with Real Estate Prices for 2026
January 2026 511173 462612 559734
February 2026 514481 468692 560270
March 2026 518265 485614 550916
April 2026 522077 495973 548181
May 2026 525917 493310 558524
June 2026 529785 481045 578526
July 2026 533682 506998 560366
August 2026 537608 509114 566101
September 2026 541562 509610 573514
October 2026 545545 502993 588098
November 2026 548268 520854 575681
December 2026 548409 506730 590088
Frankfort Housing Market Forecast with Real Estate Prices for 2027
January 2027 546109 510612 581606
February 2027 544770 491928 597613
March 2027 543955 506422 581488
April 2027 543319 513437 573202
May 2027 542116 494952 589280
June 2027 542513 500197 584829
July 2027 546199 507965 584432
August 2027 550216 503998 596434
September 2027 554263 509922 598604
October 2027 558340 516464 600215
November 2027 562446 523638 601255
December 2027 566488 534765 598212
Frankfort Housing Market Forecast with Real Estate Prices for 2028
January 2028 567729 524581 610876
February 2028 568266 520532 616001
March 2028 568911 540466 597357
April 2028 569145 521337 616954
May 2028 569096 520154 618038
June 2028 570590 537496 603684
July 2028 573664 519739 627588
August 2028 577883 546100 609667
September 2028 581013 551381 610644
October 2028 582608 530755 634460
November 2028 583599 545665 621533
December 2028 584661 538472 630849
Frankfort Housing Market Forecast with Real Estate Prices for 2029
January 2029 586295 556980 615609
February 2029 587766 548973 626558
March 2029 589442 547591 631292
April 2029 590402 552616 628188
May 2029 594745 553707 635782
June 2029 596147 546071 646224
July 2029 598194 549740 646647
August 2029 600059 558655 641463
September 2029 601374 568299 634450
October 2029 602222 567895 636549
November 2029 604238 571005 637471
December 2029 608682 559987 657377
Frankfort Housing Market Forecast with Real Estate Prices for 2030
January 2030 613159 570851 655467
February 2030 617669 575050 660288
March 2030 622212 559991 684433
April 2030 626326 573714 678937
May 2030 629905 590851 668960
June 2030 633982 580093 687870
July 2030 638645 579890 697400
August 2030 643342 605385 681299
September 2030 648074 598173 697976
October 2030 652841 597350 708333
November 2030 657643 613581 701705
December 2030 662480 596232 728728
Frankfort Housing Market Forecast with Real Estate Prices for 2031
January 2031 667353 628646 706059
February 2031 672261 638648 705874
March 2031 675616 616162 735070
April 2031 675790 610238 741342
May 2031 672956 608353 737560
June 2031 671307 633713 708900
July 2031 670302 634776 705828
August 2031 669518 605914 733123
September 2031 668035 612588 723482
October 2031 668525 633093 703957
November 2031 673066 611817 734315
December 2031 678017 613605 742429
Frankfort Housing Market Forecast with Real Estate Prices for 2032
January 2032 683004 624266 741742
February 2032 688028 623353 752702
March 2032 693088 632097 754080
April 2032 698069 633149 762989
May 2032 699598 641531 757664
June 2032 700260 630934 769586
July 2032 701055 647774 754335

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.