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Frankfort, IL 60423 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Frankfort, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 3737PendingPending sales: 55
Frankfort, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $520k$520kSoldMedian sold price (last 6 months): $520k$520k
What homes actually sell for in Frankfort, IL
Distribution of 218 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $360k to $703k
$158k to $261k: 12 sales$158k$261k to $363k: 37 sales37sales$363k to $465k: 35 sales$363k$465k to $567k: 32 sales$567k to $669k: 26 sales$567k$669k to $771k: 22 sales$771k to $873k: 18 sales$771k$873k to $975k: 15 salesMedian $520k

What the numbers say

As of October 26, 2026, Resideline is tracking 37 active listings and 5 pending sales in ZIP code 60423. That pending-to-active ratio of 0.14 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $520,000, while the median of the 218 closed sales Resideline tracked over the last six months was $520,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 60423 for 79 days.

Frequently asked questions

What is the median home price in 60423?

The median closed sale price in Frankfort, IL 60423 was $520,000 over the last six months, based on 218 closed sales tracked by Resideline. The middle half of those sales ranged from $359,900 to $703,000.

Is 60423 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 37 active listings in 60423, a pending-to-active ratio of 0.14. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 60423 is currently a typical-pace market.

Nearby ZIP code market data

Full Frankfort, IL housing market report →

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