The median home in Farmington, Illinois is valued at $118,044, up 5.2% year over year. Farmington is part of the Peoria, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Peoria, IL stress score, crash risk, and 12-month forecast →

Home Value$118,044

+5.2%

AFFORDABILITY

Enter your income for Farmington.

Income (annual)

Down Payment

$23,609 on $118,044

Affordable — 15.5% of income

Under the 28% guideline.

PITI$966

P/I15.5%

Afford$214K

Room+$96K

P&I $597Tax $219Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Farmington with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Peoria, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Peoria, IL metro.

View Peoria, IL metro →

FARMINGTON, IL