Farmer City, Dewitt County, IL

Median Home Price Price

$146,411 $146.4K

Median Monthly Rent Rent

$617 $617

20.0x

Market Snapshot

Farmer City, Dewitt County, IL is a city market with a median home price of $146,411, a median monthly rent of $617, a GRM of 20.0x, and a price-to-rent ratio of 19.8.

More markets to explore

Nearby alternative Lower GRM Premium price Higher rent Rent momentum
High confidence
Price $183.3K
Rent $964
GRM 16.0x
Explore the data
Region Show
$147K $983 13.0x
De Witt
$183K $964 16.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Farmer City

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Benchmark comparison

Compare Farmer City, IL to another market.

Farmer City, IL
Wapella, IL
Delta
Median rent
$617
N/A
Median price
$146,411
N/A
YoY change
+$64
N/A
Price-to-rent
19.8x
Data unavailable

Key takeaways

  • Farmer City, Dewitt County, IL has a higher-grm screening profile: At 20.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $64 year over year.
  • Next discovery step: compare Wapella, Dewitt County, IL from the Same county set.