Population: 32,596 · Density: 332.3/mi² · Median household income: $134,640
Typical home value: $367,930 · Homeownership: 92.8%
Data as of January 2026. Source: Realtor.com.
The FRANKFORT, IL real estate market (60423) currently shows 63 active listings, with 24 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 49 days on market compared to 61 days last year.
The median listing price has fallen 4.1% year-over-year, from $664,500 to $637,400.
Whether you are buying or selling in FRANKFORT, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60423 | Frankfort, IL 60423 | 0.0 mi | 63 | $41,295,492 | $637,400 | $655,484 |
| 60443 | Matteson, IL 60443 | 5.1 mi | 91 | $28,119,091 | $284,000 | $309,001 |
| 60487 | Tinley Park, IL 60487 | 5.8 mi | 46 | $19,171,374 | $379,900 | $416,769 |
| 60451 | New Lenox, IL 60451 | 6.6 mi | 83 | $45,637,467 | $514,500 | $549,849 |
| 60484 | University Park, IL 60484 | 7.2 mi | 26 | $4,874,350 | $182,500 | $187,475 |
| 60461 | Olympia Fields, IL 60461 | 8.1 mi | 18 | $6,192,000 | $344,000 | $344,000 |
| 60467 | Orland Park, IL 60467 | 8.6 mi | 62 | $37,900,104 | $443,450 | $611,292 |
| 60422 | Flossmoor, IL 60422 | 9.0 mi | 48 | $15,083,856 | $280,000 | $314,247 |
| 60468 | Peotone, IL 60468 | 10.0 mi | 11 | $3,556,608 | $330,000 | $323,328 |
| 60429 | Hazel Crest, IL 60429 | 10.4 mi | 105 | $20,236,650 | $192,500 | $192,730 |
| 60433 | Joliet, IL 60433 | 10.6 mi | 30 | $7,932,990 | $247,750 | $264,433 |
| 60475 | Steger, IL 60475 | 11.0 mi | 42 | $8,691,144 | $180,000 | $206,932 |
| 60428 | Markham, IL 60428 | 11.3 mi | 79 | $14,052,125 | $170,000 | $177,875 |
As of January 2026, there are 63 active listings in FRANKFORT, IL (zip code 60423), compared to 78 the prior year.
The median listing price in FRANKFORT, IL 60423 is $637,400 as of January 2026, a 4.1% decrease from $664,500 the prior year.
Homes in FRANKFORT, IL 60423 spend an average of 49 days on the market before going under contract, compared to 61 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FRANKFORT, IL 60423 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 49 days on market compared to 61 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKFORT, IL 60423 save an estimated $12,748 compared to a typical 5% commission on the median listing price of $637,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.