Market Overview
Home Prices in Farmersville, IL
The median home value in Farmersville, IL is $163,833 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.9% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Farmersville are priced60% below average.
Over the past five years, Farmersville home values have risen by approximately31.8%, reflecting strong long-term appreciation in this market.
Price History
Farmersville Home Price Trend
City Comparison
Farmersville vs. National Median
At $163,833, homes in Farmersville cost 60% below the national median of $410,000. This makes Farmersville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Farmersville?
20% Down Payment
$32,767
on $163,833
Monthly P&I
$854/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,085/mo
incl. taxes & insurance
Income Needed
$43,400
gross annual (30% rule)
10% Down Option
$16,383
+ PMI applies
Loan Amount (20% dn)
$131,066
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Farmersville, IL?
The median home value in Farmersville is $163,833 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.9% year-over-year.
How much have home prices changed in Farmersville?
Over the past year, home values in Farmersville have increased by 8.9%. Over five years, prices have risen approximately 31.8%.
How much do I need to earn to buy a home in Farmersville?
To comfortably afford the median home price of $163,833 with a 20% down payment ($32,767) at today's rates (6.8%), you'd need a gross annual income of approximately $43,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Farmersville compare to the national average home price?
The national median home value is approximately $410,000. At $163,833, homes in Farmersville are 60% below the national average.