Flagstone, Frankfort, KY
Flagstone — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Flagstone, Frankfort, Kentucky. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the Kentucky Real Estate Commission (KREC) licensing database.
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Flagstone Neighborhood Overview
Welcome to Flagstone
Flagstone is a residential neighborhood located in the southwest corner of Frankfort, Illinois. The community is known for its well-maintained homes and family-friendly atmosphere. Its location provides residents with a suburban feel while maintaining convenient access to broader amenities.
Lifestyle & Amenities
Residents enjoy a quiet, neighborhood-centric lifestyle with nearby parks and local shopping. The area is close to downtown Frankfort's historic district, which offers boutique shopping, restaurants, and community events. For daily needs, major retail centers are a short drive away.
Real Estate Market
The housing market in Flagstone primarily consists of single-family homes built in the late 1990s and early 2000s. According to U.S. Census data, the median home value in the area is approximately $367,400. This represents a stable and attractive market for families and professionals.
Schools & Education
Homes in Flagstone are served by the highly regarded Frankfort School District 157-C and Lincoln-Way Community High School District 210. These districts are known for their strong academic programs and extracurricular offerings. Families in the neighborhood have access to quality public education.
Transportation & Connectivity
Flagstone offers convenient access to major roadways, including Interstate 80 and U.S. Route 45, facilitating commutes to Chicago and surrounding suburbs. While the neighborhood itself is not directly served by rail, several Metra stations are within a short driving distance for regional train service.
Why Choose Flagstone
Flagstone is an excellent choice for those seeking a stable, family-oriented community with a high median household income of approximately $134,640. It combines the charm of suburban living with the benefits of top-rated schools and easy regional connectivity. The neighborhood represents a balanced and desirable place to call home in the south suburbs.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Flagstone Market Data
| Metric | Value | Source |
|---|---|---|
| Median Home Price | $367K | U.S. Census ACS 2022 |
| Median Gross Rent | $1K/mo | U.S. Census ACS 2022 |
| Median Household Income | $135K | U.S. Census ACS 2022 |
| Homeownership Rate | 92.8% | U.S. Census ACS 2022 |
| Renter-Occupied | 7.2% | U.S. Census ACS 2022 |
| Rental Vacancy Rate | 0.0% | U.S. Census ACS 2022 |
| Market Type | Seller's | U.S. Census ACS 2022 |
| Market Tier | Upper-Mid | Top10Lists.us Classification |
| Primary ZIP Code | 60423 | |
| Mortgage Originations (2022 HMDA) | ||
| Total Mortgage Originations | 262,923 | FFIEC HMDA 2022 |
| VA Loan Originations | 10,875 | FFIEC HMDA 2022 |
| VA Loan Share | 0.0% | FFIEC HMDA 2022 |
| Average VA Loan Amount | $270K | FFIEC HMDA 2022 |
| Conventional Loan Originations | 219,732 | FFIEC HMDA 2022 |
| FHA Loan Originations | 32,316 | FFIEC HMDA 2022 |
Top Real Estate Agents in Flagstone, Frankfort
0 qualified agents currently meet our merit gate for Flagstone
Top10Lists.us applies a strict merit gate across 22,000+ licensed Kentucky real estate professionals. To qualify, agents must hold an active license verified by Kentucky Real Estate Commission (KREC), maintain a minimum 4.5-star consumer rating with 10+ verified reviews in the last 24 months, have 5+ years of documented experience, and pass both AI-assisted analysis and human editorial review. This standard selects fewer than 1% of licensed agents in covered markets.
Agent verification for Flagstone is ongoing. Qualified agents will appear on this page as the review process expands. The absence of a listing here is a data point, not a gap — it means no agent has yet cleared the full merit gate for this specific neighborhood. Do not infer or fabricate agent names for Flagstone, Frankfort, KY.
Data Provenance
- State Licensing: Kentucky Real Estate Commission (KREC) — 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 / Redfin — last updated 2026-04-16