Active Listings and Market Movement: January 2026 in Frankfort, IL

As the winter market unfolds, buyers and sellers in Frankfort, IL are greeted by 72 active residential listings in January 2026. Are you evaluating how inventory and recent activity can help you make smarter decisions for your next move?

Strong market fundamentals shape the local experience this month. Explore Frankfort, IL homes this January 2026 to see how increased selections can work in your favor. If you are weighing whether it is a good time to buy in Frankfort, IL, this market snapshot should help clarify your strategy.

January 2026 Inventory Highlights for Frankfort, IL

Frankfort, IL enters January 2026 with 72 homes on the market, giving buyers significantly more opportunities than in recent months. Sellers see a need to position their homes competitively, as the growing supply encourages careful pricing and compelling marketing. Why it matters: Larger inventory helps buyers compare options while motivating sellers to stand out.

A key performance metric is the median list price, now at $439,000. This price point anchors expectations for both sides, reflecting continued strength in the area. The 32-day median days on market means homes remain active for a moderate period, giving buyers time to assess but also keeping sellers on a focused timeline.

Closed Sales and Ongoing Trends

Recently, 29 homes closed in the area. This demonstrates that demand remains solid and sellers are succeeding in getting close to their asking prices, with a sale-to-list ratio of approximately 98.7 percent. These results indicate realistic pricing and reflect both sides working from market data, not guesswork.

With 14 recent sales occurring in the $300,000 to $400,000 bracket, there is clear movement among entry and move-up buyers. Single-family homes account for 86 percent of sales, reinforcing their popularity. The average sold price per square foot is $202, up 2.1 percent from the prior year—a sign of continued appreciation and a reason for sellers to price with confidence.

Buyer and Seller Recommendations This Month

With 2.8 months of supply, the market slightly favors sellers, but the expanded inventory means buyers can be more selective. Pending contracts are strong, with 17 properties in escrow. These figures underline the importance of acting when a promising opportunity arises.

• Active listings: 72
• Median list price: $439,000
• Median days on market: 32
• Closed sales in recent period: 29

What About Rental Activity?

Rental options are limited but meaningful in Frankfort, IL for January 2026. Available listings show monthly rent between $2,300 and $2,950. Properties rent within about 14 to 29 days, making investor opportunities worth a closer look. For the broader market, no aggregate rental data is available, but agents and landlords can track each listing’s performance to adjust strategies as needed.

Insights for January 2026 in Frankfort, IL

Elizabeth Betty Botello uses January’s key trends to advise on price, negotiation, and preparation for both buyers and sellers. If you are interested in market movement in Frankfort, IL, get in touch to discuss your goals.