Median home value in zip code 61531 (Farmington, IL) is $124,270, up 7.5% year over year. Part of the Peoria, IL metropolitan area.

Home Value$124,270

YoY Change

+7.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 61531 (Farmington).

Income (annual)

Down Payment

$24,854 on $124,270

Example: $75,000 household income. Change it above to see your own.

Affordable16.1% of income

Under the 28% guideline.

PITI$1,009

P/I16.1%

Afford$216K

Room+$91K

P&I $628Tax $231Ins $150

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

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

Metro Analysis

61531 is part of the Peoria, IL metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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