Farmer City currently has 10 single family homes for sale with an average list price of $204,870 and 7 lots for sale with an average list price of $102,771. The average annual property tax for Farmer City is $2,909.
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 October decreased in volume by 66.7% when compared to last year, while the median sale price rose by 26.1% from $164,900 to $208,000. House sales decreased by 66.7%, while the median sale price rose by 26.1% from $164,900 to $208,000.
32
|
46
|
44
|
28
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$89,250
|
$117,750
|
$131,450
|
$161,950
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.