Farmington, Will County, IL Housing Trends, Rent, Price-to-Rent

Market Summary

Farmington, Will County, IL

Median Home Price Price

$650,273 $650.3K

Median Monthly Rent Rent

$1,722 $1.7K

GRM

31.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Farmington, IL is $1,722, with MoM change +$25 and YoY change +$193 pointing to positive momentum while volatility is low (std $50).

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Metric

Base market Farmington, IL

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Delta vs base

Median rent

$1,722

N/A

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Median price

$650,273

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YoY change

+$193

N/A

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Price-to-rent

31.5x

Data unavailable

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