Home prices
The median home in Farmer City is valued at $112,100. It is approximately $8,380 (8%) higher compared to other places in this area.In comparison to the entire nation it is about $105,400 (48%) lower, and in comparison to the city of Champaign it is about $49,700 (30%) lower.
Rents
Farmer City's median monthly rent is $950. In comparison to other places in this area it is about $206 (27%) higher.Compared to the United States as a whole it is about $112 (10%) lower, and in comparison to the city of Champaign it is is very similar.
Nearby places
Mansfield
Mansfield is approximately 6 miles east from Farmer City. Its housing prices are a bit more expensive. The median home value in Mansfield is $125,600, which is $13,500 (10%) higher than Farmer City. Its rents are a bit less expensive. The median monthly rent in Mansfield is $863, which comes out to $87 (10%) lower than Farmer City.
De Witt
De Witt is approximately 7 miles southwest of Farmer City. The housing prices there are substantially less expensive. De Witt's median home cost is $84,500, which is $27,600 (32%) lower than Farmer City. Its rents are substantially less expensive. In De Witt the median rent is $625 per month, which works out to $325 (52%) lower than Farmer City.
Bellflower
Bellflower is roughly 8 miles northeast of Farmer City. Its housing prices are somewhat less expensive. The value of the median home in Bellflower is $86,500, which works out to $25,600 (29%) lower than Farmer City. Its rents are a bit less expensive. In Bellflower the median monthly rent is $783, which works out to $167 (21%) lower than Farmer City.
Le Roy
Le Roy is approximately 8 miles northwest from Farmer City. The housing prices there are somewhat more expensive. The median home in Le Roy is valued at $137,800, which works out to $25,700 (18%) higher than Farmer City. The rent there is substantially less expensive. In Le Roy the median rent is $601 per month, which is $349 (58%) lower than Farmer City.
De Land
De Land is about 8 miles south of Farmer City. The real estate prices there are significantly less expensive. The median home in De Land is valued at $84,200, which is $27,900 (33%) lower than Farmer City. Its rents are somewhat less expensive. In De Land the median monthly rent is $850, which works out to $100 (11%) lower than Farmer City.