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Frankfort, IL Market: Price Per Square Foot Takes a Step Up this January 2026

Published on Wednesday, January 14, 2026
Focus areas include Bourbonnais, Frankfort, Manhattan, Matteson, Monee and Peotone, along with surrounding towns, communities and neighborhoods.
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In January 2026, Frankfort, IL sellers and buyers are watching values climb as the price per square foot rises to $202. If you are interested in affordable homes in Frankfort, IL this January 2026 or want tips on how to sell your house fast in Frankfort, IL, this critical metric can help anchor your strategy. Does an increase in price per square foot indicate a stronger seller market or new opportunities for buyers?

Understanding the impact is vital for anyone considering a move. Track the latest on the Frankfort, IL price per square foot to stay competitive.

How $202 Per Square Foot Changes the Game

In January 2026, the average price per square foot in Frankfort, IL reached $202—a 2.1 percent year-over-year increase. This means existing homeowners see modest appreciation, while buyers can set expectations for value benchmarks. Why it matters: Knowing price per square foot enables more granular comparisons and better-targeted offers or listings.

Make the Market Work for You

Use January 2026 home value data with Elizabeth Betty Botello to price, list, or negotiate for the best possible outcome in Frankfort, IL. Knowledge is your advantage!

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Supporting Stats from This Month

The median list price remains at $439,000 and there are 72 homes actively listed. Fourteen properties in the $300,000 to $400,000 bracket demonstrate continued movement in this competitive segment. With 29 closed sales and a sale-to-list ratio of 98.7 percent, pricing and negotiation are transparent and effective for both sides.

Insights for Guidance and Decision Making

  • Average price per square foot: $202
  • Year-over-year increase: 2.1%
  • Median list price: $439,000
  • Active listings: 72
  • Closed sales: 29

With expert guidance from Elizabeth Betty Botello, you can leverage per-square-foot pricing to craft stronger offers or more effective listings in January 2026. For focused advice, read the Frankfort, IL pricing insights.

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