60423
Frankfort, Illinois.
Frankfort, Will County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 32,836
to buy the typical home at today's mortgage rate — +$1,426 (+118%) since Jan 2020.
- 1 year
- Up $17,611 +4%
- $483,852$501,463 since Sep 2025
- 5 years
- Up $122,239 +32%
- $379,224$501,463 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 60423$2,632
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in zip 60423 rose 3.6% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Will County, IL 95% · Cook County, IL 5%
Zillow also publishes an index for the city itself: Frankfort, IL — measured over the city limits, which is a different area from this zip.
Typical home value — 60423
Mid-tier homes, smoothed and seasonally adjusted.
- 60423$501,463
- Chicago$355,650
- United States$366,157
Within 20 miles
Showing 30 of 79 zips in range — sorting picks from all 79.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 5.0 | 60448 | Mokena | 24,405 | — | $451,800 |
| 5.1 | 60443 | Matteson | 20,663 | $2,192 | $271,562 |
| 5.7 | 60471 | Richton Park | 12,848 | $1,651 | $228,279 |
| 5.8 | 60487 | Tinley Park | 26,043 | $3,196 | $398,088 |
| 5.8 | 60449 | Monee | 9,477 | — | $353,905 |
| 6.6 | 60451 | New Lenox | 37,361 | $2,549 | $456,915 |
| 7.1 | 60477 | Tinley Park | 35,976 | $2,070 | $309,263 |
| 7.2 | 60484 | University Park | 6,762 | $1,846 | $198,172 |
| 7.4 | 60478 | Country Club Hills | 16,390 | $3,125 | $215,734 |
| 8.1 | 60461 | Olympia Fields | 4,761 | — | $342,933 |
| 8.1 | 60466 | Park Forest | 21,461 | $1,857 | $160,107 |
| 8.6 | 60467 | Orland Park | 24,398 | — | $483,992 |
| 8.7 | 60442 | Manhattan | 13,753 | — | $399,412 |
| 9.0 | 60422 | Flossmoor | 9,542 | — | $338,924 |
| 10.0 | 60452 | Oak Forest | 26,739 | $2,140 | $301,245 |
| 10.0 | 60468 | Peotone | 5,809 | — | $338,983 |
| 10.1 | 60462 | Orland Park | 41,456 | $2,188 | $375,271 |
| 10.4 | 60429 | Hazel Crest | 14,864 | $2,612 | $183,111 |
| 10.6 | 60491 | Homer Glen | 22,757 | — | $531,357 |
| 10.6 | 60433 | Joliet | 16,382 | $1,395 | $211,926 |
| 10.7 | 60430 | Homewood | 19,838 | $1,969 | $252,689 |
| 11.0 | 60475 | Steger | 10,035 | $1,365 | $173,924 |
| 11.2 | 60432 | Joliet | 20,465 | — | $208,488 |
| 11.3 | 60428 | Markham | 10,927 | — | $155,747 |
| 11.6 | 60445 | Midlothian | 14,268 | $1,544 | $231,893 |
| 12.6 | 60418 | Crestwood | 10,572 | — | $189,178 |
| 12.6 | 60425 | Glenwood | 8,714 | $2,034 | $219,386 |
| 12.8 | 60463 | Palos Heights | 13,722 | — | $405,171 |
| 13.0 | 60469 | Posen | 5,205 | — | $202,902 |
| 13.1 | 60411 | Chicago Heights | 52,175 | $1,694 | $179,771 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.