Frankfort, IL Real Estate
According to census data in the year 2000 there were 3,577 housing units in Frankfort.
This represents a 54.4% growth from 2,317 in 1990.
Of those housing units, 3,462 were located in either urbanized areas or urban clusters, and 115 were located in what is classified as a rural area.
Homeownership rate in Frankfort is about 92.3%.
Frankfort's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.94 people.
The majority of houses, apartments or condos in Frankfort were built after 1983.
|Housing Units by Size|
|Five Bedrooms or more||9%|
Owned Homes, Apartments and Condos
|Average Household Size||3.01|
|Median year structure was built||1985|
|Median Value of occupied units||$245,900|
|Median Price asked for vacant units||$287,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.11|
|Median year structure was built||1971|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||13%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.8%|