market report · 61842

Farmer City, IL · 61842

2 active listings$186,950 median ask$2,188 est. rent1.2% price/rent

$186,950

Median list price

$2,188/mo

Estimated rent

1.2%

Price / rent ratio

Listings

FHFA home price index · 2016–2025

58.6% cumulative change over the window. Source: FHFA ZIP-level HPI.

$1.42

Median rent / sqft

2 comps

$118.11

Median sold / sqft

2 comps

—

Walkability

3.8%

Area unemployment

BLS LAUS

Median household income $80,117 · median home value $157,500 · ACS 2024.

Natural-hazard risk Relatively Moderate (FEMA NRI score 59).

2 schools within ~4 km of the ZIP centroid.

708 W Water St, Farmer City, IL 61842

Farmer City, IL

1001 E Richardson St, Farmer City, IL 61842

Farmer City, IL