Data as of February 2026. Source: Realtor.com.
The FARMINGTON, IL real estate market (61531) currently shows 7 active listings, with 3 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 77 days on market compared to 89 days last year.
The median listing price has fallen 28.7% year-over-year, from $158,575 to $113,000.
Whether you are buying or selling in FARMINGTON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 3,144 · Density: 21.5/mi² · Median household income: $63,276
Typical home value: $115,630 · Homeownership: 78.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 61531 | Farmington, IL 61531 | 0.0 mi | 6 | $971,700 | $114,900 | $161,950 |
| 61572 | Yates City, IL 61572 | 7.9 mi | 2 | $237,900 | $118,950 | $118,950 |
| 61520 | Canton, IL 61520 | 9.8 mi | 64 | $8,476,544 | $110,055 | $132,446 |
| 61536 | Hanna City, IL 61536 | 13.0 mi | 8 | $1,281,832 | $140,000 | $160,229 |
| 61517 | Brimfield, IL 61517 | 13.6 mi | 5 | $2,148,800 | $499,000 | $429,760 |
| 61427 | Cuba, IL 61427 | 15.2 mi | 10 | $3,652,570 | $290,000 | $365,257 |
| 61539 | Kingston Mines, IL 61539 | 16.3 mi | 1 | $107,000 | $107,000 | $107,000 |
| 61489 | Williamsfield, IL 61489 | 17.4 mi | 1 | $245,500 | $245,500 | $245,500 |
| 61428 | Dahinda, IL 61428 | 17.7 mi | 5 | $3,756,125 | $682,500 | $751,225 |
| 61477 | Smithfield, IL 61477 | 19.6 mi | 1 | $99,900 | $99,900 | $99,900 |
| 61546 | Manito, IL 61546 | 20.1 mi | 10 | $1,624,500 | $135,000 | $162,450 |
| 61415 | Avon, IL 61415 | 20.7 mi | 7 | $794,780 | $79,950 | $113,540 |
| 61605 | Peoria, IL 61605 | 21.1 mi | 33 | $1,298,715 | $37,450 | $39,355 |
As of February 2026, there are 7 active listings in FARMINGTON, IL (zip code 61531), compared to 7 the prior year.
The median listing price in FARMINGTON, IL 61531 is $113,000 as of February 2026, a 28.7% decrease from $158,575 the prior year.
Homes in FARMINGTON, IL 61531 spend an average of 77 days on the market before going under contract, compared to 89 days the prior year.
Based on current inventory and days-on-market data as of February 2026, FARMINGTON, IL 61531 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 77 days on market compared to 89 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, IL 61531 save an estimated $2,260 compared to a typical 5% commission on the median listing price of $113,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.