Population: 3,144 · Density: 21.5/mi² · Median household income: $63,276
Typical home value: $115,630 · Homeownership: 78.1%
Data as of January 2026. Source: Realtor.com.
The FARMINGTON, IL real estate market (61531) currently shows 6 active listings, with 2 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
The median listing price has fallen 4.6% year-over-year, from $120,425 to $114,900.
Whether you are buying or selling in FARMINGTON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61531 | Farmington, IL 61531 | 0.0 mi | 6 | $971,700 | $114,900 | $161,950 |
| 61572 | Yates City, IL 61572 | 7.9 mi | 2 | $237,900 | $118,950 | $118,950 |
| 61520 | Canton, IL 61520 | 9.8 mi | 64 | $8,476,544 | $110,055 | $132,446 |
| 61536 | Hanna City, IL 61536 | 13.0 mi | 8 | $1,281,832 | $140,000 | $160,229 |
| 61517 | Brimfield, IL 61517 | 13.6 mi | 5 | $2,148,800 | $499,000 | $429,760 |
| 61427 | Cuba, IL 61427 | 15.2 mi | 10 | $3,652,570 | $290,000 | $365,257 |
| 61539 | Kingston Mines, IL 61539 | 16.3 mi | 1 | $107,000 | $107,000 | $107,000 |
| 61489 | Williamsfield, IL 61489 | 17.4 mi | 1 | $245,500 | $245,500 | $245,500 |
| 61428 | Dahinda, IL 61428 | 17.7 mi | 5 | $3,756,125 | $682,500 | $751,225 |
| 61477 | Smithfield, IL 61477 | 19.6 mi | 1 | $99,900 | $99,900 | $99,900 |
| 61546 | Manito, IL 61546 | 20.1 mi | 10 | $1,624,500 | $135,000 | $162,450 |
| 61415 | Avon, IL 61415 | 20.7 mi | 7 | $794,780 | $79,950 | $113,540 |
| 61605 | Peoria, IL 61605 | 21.1 mi | 33 | $1,298,715 | $37,450 | $39,355 |
As of January 2026, there are 6 active listings in FARMINGTON, IL (zip code 61531), compared to 10 the prior year.
The median listing price in FARMINGTON, IL 61531 is $114,900 as of January 2026, a 4.6% decrease from $120,425 the prior year.
Homes in FARMINGTON, IL 61531 spend an average of 66 days on the market before going under contract, compared to 66 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FARMINGTON, IL 61531 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, IL 61531 save an estimated $2,298 compared to a typical 5% commission on the median listing price of $114,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.