Housing in Farmington, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$47,000
Median List Price
N/A
Price Per Sq Ft
$42
Days on Market
30
Active Inventory
3
Months of Supply
1.5
Seller's market
Zillow Home Value
$118,044
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
78.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$42
Farmington vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Farmington is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$99,300
Median Rent
$877
Total Housing Units
930
Vacancy Rate
14.1%
Owner Occupied
69.7%
Renter Occupied
30.3%
Median Property Tax
$2,125
per year
Monthly Cost (w/ Mortgage)
$972
Housing Types
The current median sale price in Farmington, IL is $47,000 according to Redfin data. Homes spend a median of 30 days on the market. 0.0% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $42. The median rent is $877 per month (Census ACS). About 69.7% of housing units are owner-occupied. The median year homes were built is 1951. There are 930 total housing units.