Property prices for sale in Frankfort (Illinois)
The prices in real estate in Frankfort, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Frankfort has remained the same in the last 6 months. In October, the average price per sq.feet was $184. In November this price pretty much remained the same at a value of $183 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $183.5 to $184 per sq.feet. The price per sq.feet has increased 110 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $183.75 to $202.5 during February, and March.
Based upon to the price in Frankfort (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $552,087. In November This price remains at $544,702. In the following two months the average price has remained the same with regard to the previous two months from $548,394.5 to $569,143.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $558,769 and $578,756.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $576,099 they are 69 % more affordable than the average price for Frankfort. The properties with the lowest average price have 4 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 3 bedrooms priced at $317,036.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $120 / sq.feet, with an average $211 / sq.feet price in Frankfort. The properties with the lowest average prices have 2 bedrooms. They are 31 % cheaper than the average followed by properties with 3 bedrooms with a price at $140 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $576,099 it is 50 % cheaper than the average price in Frankfort. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $319,225 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $61 / sq.feet followed by "Townhouse" priced at $121 / sq.feet. "Apartment" is the cheapest type of property with a $130 / sq.feet value followed by "House" with an average price of $122 / sq.feet.
