Folkers' Estates, Frankfort, IL
Folkers' Estates — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Folkers' Estates, Frankfort, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Folkers' Estates Neighborhood Overview
Folkers' Estates is a residential neighborhood located in the welcoming city of Frankfort, Illinois. This community offers residents a peaceful suburban atmosphere within the greater Chicago metropolitan area. Its location provides a balanced lifestyle with access to both local charm and regional amenities.
Lifestyle & Amenities
Residents enjoy a family-friendly environment with a focus on community and outdoor recreation. The neighborhood is situated near Frankfort's historic downtown, which features boutique shopping, diverse dining options, and community events throughout the year. Proximity to local parks and forest preserves supports an active lifestyle.
Real Estate Market
The real estate in Folkers' Estates consists primarily of single-family homes, reflecting the area's established suburban character. According to U.S. Census data, the median home value in the area is $367,400. This positions the neighborhood as an attractive market within the south suburban Chicago region.
Schools & Education
Families in Folkers' Estates are served by the well-regarded Frankfort Community Consolidated School District 157C and Lincoln-Way Community High School District 210. These districts are known for their strong academic programs and extracurricular offerings. The area's high median household income often correlates with strong community support for local schools.
Transportation & Connectivity
The neighborhood benefits from convenient access to major roadways, including Interstate 80 and U.S. Route 45, facilitating commutes to Chicago and other employment centers. While primarily car-dependent, the area offers manageable connectivity to the broader region. Public transit options are available for access to downtown Chicago and surrounding suburbs.
Why Choose Folkers' Estates
Folkers' Estates is an excellent choice for those seeking a stable, family-oriented community with a high quality of life. The combination of attractive housing, strong schools, and a prosperous local economy, evidenced by a median household income of $134,640, makes it a compelling suburb. It offers the charm of Frankfort with the convenience of being near major urban opportunities.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Folkers' Estates Market Data
| Metric | Value |
|---|---|
| Median Home Price | $367K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $135K |
| Homeownership Rate | 92.8% |
| Renter-Occupied | 7.2% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 60423 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Folkers' Estates, Frankfort
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Folkers' Estates, Frankfort, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15