Zip 61842 (Farmer City, IL) Housing

Housing in 61842 Farmer City, IL is relatively affordable compared to the US House Median Value of $338,100. The Median Value of housing in this area is $126,200 and has seen an 8.72% increase in appreciation over the past year, which is slightly higher than the 1 year house appreciation rate for the US of 8.27%. This indicates that moving to 61842 Farmer City, IL may be a wise investment for anyone looking for a place to call home.

The median home cost in Farmer City (zip 61842) is $126,200. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Farmer City (zip 61842) is up 14.5%.

Average Age of Homes

- The median age of Farmer City (zip 61842) real estate is 56 years old

The Rental Market in Farmer City (zip 61842)

- Renters make up 18.7% of the Farmer City (zip 61842) population
- 0.0% of houses and apartments in Farmer City (zip 61842), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Farmer City, Illinois	United States
	1,172.0	139,647,020.0
	57	42
	$126,200	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$22.12	$10.98
	$2,935	$2,690
	76.1%	57.4%
	9.7%	11.2%
	14.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	2.9%	0.4%
	0.5%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	1.8%	2.4%
	7.2%	2.8%
	7.7%	3.9%
	11.0%	4.5%
	30.5%	11.3%
	18.2%	13.0%
	12.7%	20.1%
	6.2%	13.6%
	0.0%	8.3%
	1.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	4.0%	13.6%
	1.8%	13.2%
	25.4%	14.8%
	4.0%	13.6%
	8.3%	10.0%
	8.7%	4.7%
	25.9%	12.2%

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