61842 Home Values & Market Trends
There are 3 homes currently listed for 61842. 61842 real estate market trends show that home prices range from $175,000 to $395,000, and the median sales price in the 61842 zip code is $129,574.42. The total number of properties sold within the past twelve months is 35. In 61842, 6 properties are in foreclosure, 3 are bank owned properties,and 1 are headed for auction.
Housing Market Summary for 61842
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $175K | $100.6K | -42.51% |
| Median Sold Price | $130K | $100.6K | -22.61% |
| Homes For Sale | 3 | 3 | - |
| Homes Sold | 27 | 16 | -40.74% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 61842
Browse Homes in 61842
The median list price of a home in Farmer City, is $129,574.42. A total of 3 properties are for sale, and the percentage of properties for sale in the zip code is 3.00%. The total count of 61842 properties is 944.
- Pre-ForeclosurePre-foreclosure homes account for 0.21% of all residential properties in 61842 with farmer city containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61842; of that cities, the estimated home value for pre-foreclosure homes ranges from $72,009 in farmer city to the lowest home value of $59,133 in farmer city.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 61842 ranges from the highest value of $169,408 in farmer city to the lowest value of $57,756 in farmer city. Bank owned homes and properties account for 0.32% of properties in 61842. There is 1 cities within 61842; farmer city containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsfarmer city has 1 auction properties, the highest number of properties going to auction in a single city in the state of 61842. Auction homes and other auction properties account for 0.11% of all properties in 61842. There is 1 cities within 61842; of that cities, the median estimated home value for homes going to auction ranges from $95,116 in farmer city to the lowest value of $95,116 in farmer city.
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Guide for 61842
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