Data as of September 2026. Source: Realtor.com.
The FARMINGTON, IL real estate market (61531) currently shows 10 active listings, with 3 pending sales. Homes are averaging 15 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 15 days on market compared to 20 days last year.
The median listing price has fallen 43.8% year-over-year, from $155,475 to $87,450.
Population: 3,144 · Density: 21.5/mi² · Median household income: $63,276
Typical home value: $115,630 · Homeownership: 78.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61531 | Farmington, IL 61531 | 0.0 mi | 7 | $1,703,786 | $113,000 | $243,398 |
| 61572 | Yates City, IL 61572 | 7.9 mi | 2 | $207,400 | $103,700 | $103,700 |
| 61520 | Canton, IL 61520 | 9.8 mi | 73 | $8,720,580 | $96,800 | $119,460 |
| 61533 | Glasford, IL 61533 | 12.2 mi | 4 | $599,600 | $149,450 | $149,900 |
| 61563 | Saint David, IL 61563 | 13.1 mi | 2 | $170,000 | $85,000 | $85,000 |
| 61431 | Ellisville, IL 61431 | 13.9 mi | 2 | $99,800 | $49,900 | $49,900 |
| 61436 | Gilson, IL 61436 | 15.6 mi | 1 | $117,500 | $117,500 | $117,500 |
| 61547 | Mapleton, IL 61547 | 16.4 mi | 6 | $1,948,428 | $288,175 | $324,738 |
| 61528 | Edwards, IL 61528 | 17.5 mi | 8 | $3,211,400 | $449,900 | $401,425 |
| 61451 | Laura, IL 61451 | 18.6 mi | 1 | $425,999 | $425,999 | $425,999 |
| 61477 | Smithfield, IL 61477 | 19.6 mi | 0 | $0 | $99,900 | $99,900 |
| 61546 | Manito, IL 61546 | 20.1 mi | 7 | $958,650 | $126,450 | $136,950 |
| 61415 | Avon, IL 61415 | 20.7 mi | 7 | $1,103,606 | $79,950 | $157,658 |
As of September 2026, there are 10 active listings in FARMINGTON, IL (zip code 61531), compared to 4 the prior year.
The median listing price in FARMINGTON, IL 61531 is $87,450 as of September 2026, a 43.8% decrease from $155,475 the prior year.
Homes in FARMINGTON, IL 61531 spend an average of 15 days on the market before going under contract, compared to 20 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FARMINGTON, IL 61531 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 15 days on market compared to 20 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, IL 61531 save an estimated $1,749 compared to a typical 5% commission on the median listing price of $87,450. 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.