Current Price

$112,687

1 Month Forecast

â–² $126,748

1-Year Forecast *

â–² $130,246

5-Year Forecast *

â–² $138,627

"Is it a good time to buy homes in Farmington?" "Does investing in real estate in Farmington (Illinois State, Fulton County) worth it?" According to our live Forecast System, buying a house in Farmington is a good short-term (1-year) investment*. The Farmington average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Farmington" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Farmington in Illinois State, Fulton County. If you are looking for homes for sale with good flipping profit, Farmington can be a profitable property investment option. The median price of an average house in Farmington was 112,687 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Farmington" area is 138,627 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +23.02% meaning that investing 100000 USD today may yield a profit of 23,019 USD by 2031.

Current Median Listing Price: 112,687 USD Median Listing Price Per Square Foot: 63 USD

Farmington Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Farmington (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Farmington Price Target

Farmington median home price target in 12 months: $130,246* (upside of 15.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $120,467 $126,288 $120,467 $126,288
2024 $115,044 $112,687 $110,363 $116,946
2023 $119,603 $115,676 $115,423 $120,882
2022 $109,921 $118,273 $109,921 $118,273
2021 $107,558 $109,259 $107,558 $111,016
2020 $94,912 $107,235 $94,912 $107,235
2019 $86,955 $94,004 $86,955 $94,004
2018 $90,945 $86,554 $86,554 $91,506
2017 $86,411 $89,717 $85,654 $89,717
2016 $83,811 $86,772 $83,750 $87,117
2015 $80,249 $83,626 $77,702 $83,626
2014 $79,606 $81,659 $77,996 $83,316
2013 $92,786 $81,052 $81,052 $92,786
2012 $94,901 $93,515 $93,515 $94,926

Questions & Answers about the Farmington Housing Market Forecast

How much does an average home cost in Farmington today?

The value of an average home (the listing price) in Farmington is $112,687 USD.

What is the average price per square foot in Farmington?

According to Walletinvestor the median price per square foot in Farmington is 63 USD.

Will the median listing price of homes in Farmington grow / rise / go up?

Yes. The Farmington home prices may rise from 112,687 USD to 130,246 USD in one year.

Is it profitable to invest in Farmington homes?

Yes. The long-term profit potential is +15.58% in one year.

Will Farmington house prices fall / drop?

No. See above.

What is the predicted price of a Farmington home in 2030?

The predicted home sales price of a Farmington home in 2030 in Farmington is 134,572 USD.

What is the predicted price of a Farmington home in 2035?

The predicted home sales price of a Farmington home in 2035 in Farmington is 153,435 USD.

Will real estate prices decrease in Farmington?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Farmington is the 11529. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Fulton, Farmington decreased, looking at the past 12 months.

According to Walletinvestor's Farmington real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.449% to 112,687 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.442% in 2021
  • 16.612% in 2022
  • 16.342% in 2023
  • 16.272% in 2024
  • 16.472% in 2025
  • 14.532% in 2026

Based on our Farmington real estate market research and report the predicted sales prices will increase by 325.506% in the next 10 years.

Over the last 12 months, the value of homes in Farmington fluctuated: increasing 4 times .

Farmington (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Farmington Housing Market Forecast with Real Estate Prices for 2025
August 2025 126748 115087 138409
September 2025 127593 116620 138566
October 2025 128443 120608 136278
November 2025 129147 120494 137800
December 2025 128602 116256 140948
Farmington Housing Market Forecast with Real Estate Prices for 2026
January 2026 127901 116646 139156
February 2026 127255 117838 136672
March 2026 127182 119170 135195
April 2026 127754 115106 140401
May 2026 128528 116318 140738
June 2026 129384 122268 136501
July 2026 130246 121129 139364
August 2026 131114 118396 143832
September 2026 131988 123805 140171
October 2026 132867 124895 140839
November 2026 133043 122533 143554
December 2026 132667 121390 143944
Farmington Housing Market Forecast with Real Estate Prices for 2027
January 2027 132264 122212 142316
February 2027 133145 121162 145128
March 2027 134032 121567 146497
April 2027 134925 126560 143290
May 2027 135824 123464 148184
June 2027 136729 124150 149308
July 2027 137091 129139 145042
August 2027 136659 126546 146772
September 2027 136236 129152 143320
October 2027 135493 126822 144165
November 2027 134755 125996 143514
December 2027 134020 124103 143938
Farmington Housing Market Forecast with Real Estate Prices for 2028
January 2028 133290 124093 142487
February 2028 132563 119439 145687
March 2028 132752 121069 144434
April 2028 132853 119568 146139
May 2028 132129 122087 142171
June 2028 131881 124891 138870
July 2028 132759 122271 143247
August 2028 133644 121482 145806
September 2028 133008 121436 144579
October 2028 132282 122097 142468
November 2028 131561 121168 141955
December 2028 130844 120769 140919
Farmington Housing Market Forecast with Real Estate Prices for 2029
January 2029 130131 118549 141712
February 2029 130574 123392 137755
March 2029 131444 118562 144325
April 2029 132319 122660 141979
May 2029 133201 125608 140793
June 2029 133681 124591 142771
July 2029 134572 124210 144934
August 2029 135468 125173 145764
September 2029 136371 123825 148917
October 2029 137279 126709 147850
November 2029 137652 129393 145911
December 2029 138154 128897 147410
Farmington Housing Market Forecast with Real Estate Prices for 2030
January 2030 139074 130730 147419
February 2030 140001 132161 147841
March 2030 140768 130492 151044
April 2030 140175 126578 153772
May 2030 139410 131325 147496
June 2030 138706 130523 146890
July 2030 138627 124764 152490
August 2030 139250 128667 149833
September 2030 140094 132669 147519
October 2030 141027 127489 154566
November 2030 141967 133165 150769
December 2030 142913 131051 154774
Farmington Housing Market Forecast with Real Estate Prices for 2031
January 2031 143865 133938 153792
February 2031 144823 133817 155830
March 2031 145016 136315 153716
April 2031 144605 131157 158054
May 2031 144166 136525 151806
June 2031 145126 132210 158042
July 2031 146093 132799 159387
August 2031 147066 137654 156479
September 2031 148046 139163 156929
October 2031 149033 134427 163638
November 2031 149427 140162 158691
December 2031 148956 134806 163107
Farmington Housing Market Forecast with Real Estate Prices for 2032
January 2032 148496 138101 158890
February 2032 147686 136462 158910
March 2032 146881 139096 154666
April 2032 146080 132641 159520
May 2032 145284 134823 155744
June 2032 144492 131777 157207
July 2032 144697 132832 156563

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.