West Frankfort, IL 62896 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

West Frankfort, IL—62896

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$97,000

1.9% YoY Growth

Household Income

$55,500

49.9% YoY Growth

Days on Market

76

51.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$650

23.3% YoY Growth

1-Bed Rent

$650

10.7% YoY Growth

2-Bed Rent

$825

33.3% YoY Growth

3-Bed Rent

N/A

Home Price Trends — West Frankfort, IL

West Frankfort, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$97,000	-1.9%
Single Family	$97,000	-4.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — West Frankfort, IL

As of July '25, Rentcast reports the average rent in West Frankfort, IL is $725, with a year-over-year rent change of 23.3%. Per bedroom, the median rent as of July '25 in West Frankfort, IL is 1-bedrooms: $692, 2-bedrooms: $825. The most common rental property sizes in West Frankfort, IL are 2-bedroom and 1-bedroom, accounting for 35.4% and 31.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$650	$725
Studio Rent	N/A	N/A
1 Bed Rent	$650	$692
2 Bed Rent	$825	$825
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.8%

1 Bedroom

31.9%

2 Bedrooms

35.4%

3 Bedrooms

25.4%

4 Bedrooms

1.6%

5+ Bedrooms

0.9%

Property Listings — West Frankfort, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in West Frankfort, IL is 80. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$99,200	-17.0%
Listing Count	41	-9.0%
Listings as % of Homes	0.7%	-9.0%
Days on Market	76	51.0%

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Demographics — West Frankfort, IL

As of the latest ACS Survey released in 2023, West Frankfort, IL has a population of 10,700, which has decreased by -12.1% over the past 5 years. West Frankfort, IL is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,700	-12.1%
% Under 18	22.0%	1.9%
% Seniors	17.1%	-16.2%
% WFH	5.3%	65.6%
% w/ College Degree	15.3%	36.6%

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As of the latest ACS Survey released in 2023, West Frankfort, IL is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in West Frankfort, IL is hispanic, making up 0.9% of the population. Foreign-born residents account for 1.1% of the population in West Frankfort, IL, and this percentage has increased by 10.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.6%	-0.4%
% Black	0.5%	-54.5%
% Hispanic	0.9%	12.5%
% Asian	0.1%	-75.0%
% Foreign Born	1.1%	10.0%

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Mortgage and Risk — West Frankfort, IL

According to HUD data as of 2023, there were 135 mortgage originations in West Frankfort, IL, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in West Frankfort, IL. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	135
% Conventional Loans	63.0%
% Government Loans	37.0%
% Investor Loans	4.0%
% Second Loans	1.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — West Frankfort, IL

West Frankfort, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	380
Total Units Section 8	48
% Rentals under Section 8	3.3%
% Occupied Section 8	81.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$20	$650	$670
2 Bedroom	$65	$825	$890
3 Bedroom	N/A	N/A	$1,190
4 Bedroom	N/A	N/A	$1,410

West Frankfort, IL—62896

Key Metrics at a Glance

Home Price Trends — West Frankfort, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — West Frankfort, IL

% of Rental Stock

Property Listings — West Frankfort, IL

Demographics — West Frankfort, IL

Race and Ethnicity

Mortgage and Risk — West Frankfort, IL

Mortgages

Rentals and Section 8 — West Frankfort, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — West Frankfort, IL

Home Price to Income Ratio

West Frankfort, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Johnston City, IL

Freeman Spur

Herrin, IL

Energy, IL

Pittsburg, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.1
Median Home Price	$97,000
Median Household Income	$55,500

West Frankfort, IL—62896

Key Metrics at a Glance

Home Price Trends — West Frankfort, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — West Frankfort, IL

% of Rental Stock

Property Listings — West Frankfort, IL

Demographics — West Frankfort, IL

Race and Ethnicity

Mortgage and Risk — West Frankfort, IL

Mortgages

Rentals and Section 8 — West Frankfort, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — West Frankfort, IL

Home Price to Income Ratio

West Frankfort, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Johnston City, IL

Freeman Spur

Herrin, IL

Energy, IL

Pittsburg, IL

Frequently Asked Questions

What is the average home price in West Frankfort, IL 62896?

How have home prices in West Frankfort, IL 62896 changed over the past year?

What is the home price projection for West Frankfort, IL 62896?

What are the demographics of West Frankfort, IL 62896?

How long does it take homes to sell in West Frankfort, IL 62896?

What is the average rent price in West Frankfort, IL 62896?