Data as of June 2026. Source: Realtor.com.
The FARMER CITY, IL real estate market (61842) currently shows 15 active listings, with 7 pending sales. Homes are averaging 40 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 taking longer to sell, averaging 40 days on market compared to 18 days last year.
The median listing price has fallen 29.9% year-over-year, from $325,000 to $227,675.
Whether you are buying or selling in FARMER CITY, 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.
Population: 2,434 · Density: 8.5/mi² · Median household income: $71,474
Typical home value: $145,522 · Homeownership: 86.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61842 | Farmer City, IL 61842 | 0.0 mi | 13 | $3,147,053 | $211,225 | $242,081 |
| 61854 | Mansfield, IL 61854 | 7.9 mi | 6 | $1,779,798 | $289,950 | $296,633 |
| 61752 | Le Roy, IL 61752 | 8.5 mi | 9 | $1,804,050 | $191,175 | $200,450 |
| 61882 | Weldon, IL 61882 | 10.1 mi | 2 | $229,800 | $114,900 | $114,900 |
| 61777 | Wapella, IL 61777 | 14.5 mi | 1 | $159,000 | $159,000 | $159,000 |
| 61856 | Monticello, IL 61856 | 15.2 mi | 23 | $9,662,898 | $399,900 | $420,126 |
| 61770 | Saybrook, IL 61770 | 15.7 mi | 4 | $651,800 | $186,000 | $162,950 |
| 61843 | Fisher, IL 61843 | 15.9 mi | 8 | $2,336,768 | $319,950 | $292,096 |
| 61845 | Foosland, IL 61845 | 16.7 mi | 1 | $232,450 | $232,450 | $232,450 |
| 61840 | Dewey, IL 61840 | 19.5 mi | 1 | $100,000 | $100,000 | $100,000 |
| 61730 | Cooksville, IL 61730 | 20.6 mi | 1 | $89,900 | $89,900 | $89,900 |
| 61704 | Bloomington, IL 61704 | 21.6 mi | 65 | $27,570,985 | $377,400 | $424,169 |
| 60936 | Gibson City, IL 60936 | 22.3 mi | 9 | $2,038,518 | $256,250 | $226,502 |
As of June 2026, there are 15 active listings in FARMER CITY, IL (zip code 61842), compared to 9 the prior year.
The median listing price in FARMER CITY, IL 61842 is $227,675 as of June 2026, a 29.9% decrease from $325,000 the prior year.
Homes in FARMER CITY, IL 61842 spend an average of 40 days on the market before going under contract, compared to 18 days the prior year.
Based on current inventory and days-on-market data as of June 2026, FARMER CITY, IL 61842 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 18 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMER CITY, IL 61842 save an estimated $4,554 compared to a typical 5% commission on the median listing price of $227,675. 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.