Photo: formulanone · CC BY-SA 2.037 homes sold in Farmer City in the last year, at a typical $173K
Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Farmer City homes are listed.
Every place Farmer City homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Farmer City.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Farmer City’s sales, at a typical — (year to May 2026)
37 homes sold in the year to September 2026.
More homes sell than most years, at 2.2 times the 2016 price
37 sales in the last year, against 37 in 2022 and a low of 9 in 2018. The typical sale went from $79K in 2016 to $173K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Farmer City are more common than before the pandemic, and more homes are for sale
We read every month of Farmer City’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 37 sales.
If you’re buying in Farmer City
- Shop in September. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- Offer under asking. Buyers paid 97% of the list price on average; 22% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 3 a month), but June is the most competitive: 27% of June sales close over asking. December has the least competition (2%) but only about 1 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Illinois
| Farmer City now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 22% | 10% | 19% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 48% | 0% | 41% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 97% | 93.1% | 96.7% | 99% |
| Days to sellMedian days from listing to contract | 55 | 178 | 27 | 51 |
9 homes for sale on a typical day
That’s 2.7 times the 2017 low (3), 96% more than in 2017–19 and well under 2014’s 22.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Farmer City home costs about $1,235 a month
Price: Farmer City’s typical sale, last 12 months. Property tax at Farmer City’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Farmer City is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $173K home, about $3,990 a year.
Taxes vs. neighborsSchools
The schools grade for Farmer City, from test results, graduation and how much students grow.
Schools in Farmer CityTypical commute
The average one-way trip to work for people who live in Farmer City.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Clinton sells for less a square foot; Mahomet, Monticello and Fisher for far more
The busier markets within 25 miles of Farmer City, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Mahomet | 143 | $396K | $195 | 20% | 58 |
| Monticello | 110 | $263K | $157 | 21% | 55 |
| Clinton | 102 | $143K | $95 | 27% | 45 |
| Le Roy | 39 | $188K | $122 | 40% | 38 |
| Farmer City | 37 | $173K | $105 | 22% | 55 |
| Fisher | 24 | $256K | $165 | 24% | 60 |
| Mansfield | 21 | $186K | $118 | 16% | 63 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Farmer City, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Farmer City. People who follow the town see it, and so do people comparing Farmer City with their own town. No commission, no listing fee.
Questions about buying a home in Farmer City
What do homes sell for in Farmer City, IL?
37 homes sold in the year to September 2026 at a typical $173K, $105 a square foot.
Is Farmer City a buyer’s or seller’s market?
A seller’s market: 10 homes were for sale in September 2026 and 4 sold, about 2.5 months of supply. Buyers paid 97% of asking on average.
When is the best time to buy in Farmer City?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Farmer City?
About 2.3% of a home’s value a year. On a $173K home that’s near $3,990.
Where can I see homes for sale in Farmer City?
Zillow, Redfin, Realtor.com and Homes.com all carry Farmer City’s MLS listings; the search links above open each one filtered to Farmer City.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).