Farmer City, Illinois, is a charming rural town in DeWitt County, nestled between Bloomington and Champaign along Interstate 74. With a population of around 1,828 as of the 2020 census, this close-knit community boasts a unique identity as the only Farmer City in the United States. Known for its agricultural roots and Midwestern hospitality, the town offers a high quality of life with attractions like the Farmer City Raceway, Clinton Lake for outdoor recreation, and a vibrant downtown along Main Street featuring local businesses such as florists, antique shops, and diners. The award-winning Blue Ridge School District, municipal utilities, and strong community spirit make Farmer City an ideal place for families and those seeking a peaceful, small-town lifestyle surrounded by rolling farmland.
Farmer City currently has 11 single family homes for sale with an average list price of $278,710.91, 1 condo for sale with a list price of $195,000, and 8 lots for sale with an average list price of $157,137.50. The average annual property tax for Farmer City is $3,024.98.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Farmer City, i.e. what's hot and what's not.
See What's Hot & What's Not in Farmer CityFarmer City home sales for the month of June decreased in volume by 75% when compared to last year, while the median sale price decreased by 47.1% from $140,950 to $74,500. House sales decreased by 75%, while the median sale price decreased by 47.1% from $140,950 to $74,500.
47
|
45
|
29
|
29
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$117,500
|
$129,000
|
$159,000
|
$184,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |