Is Farmer City, IL 61842 a buyer’s or seller’s market?
Farmer City is a seller’s market. With about 1.6 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score56/ 100
More competitive than 57% of U.S. ZIP codes, and #331 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1.6Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$127▲ +16.3% vs. last year
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Nearby markets
Clinton 61727Seller’s market $93 /sq ftDewitt 61735Buyer’s market $222 /sq ftKenney 61749Seller’s market $131 /sq ftWapella 61777Seller’s market $115 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology