From October to December, 15 homes sold in Farmington for a median price of $69,900. That's 27.1 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Farmington.
Median property tax for homeowners in Farmington was $0 in 2017 according to tax data from that year. That means homeowners pay 0 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Farmington real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$115,245
-
2010
3
$81,708
-29.1%
2011
8
$93,508
14.4%
2012
13
$81,750
-12.6%
2013
13
$55,080
-32.6%
2014
10
$32,974
-40.1%
2015
5
$32,590
-1.2%
2016
12
$72,949
123.8%
2017
16
$95,829
31.4%
2018
15
$69,900
-27.1%
Median property tax
Median sale price
Effective property tax rate
2009
$2,559.72
$115,245
2.2%
2010
$2,614.69
$81,708
3.2%
2011
$3,071.38
$93,508
3.3%
2012
$2,540.11
$81,750
3.1%
2013
$2,395.69
$55,080
4.3%
2014
$1,651.86
$32,974
5%
2015
$1,449.80
$32,590
4.4%
2016
$2,583.92
$72,949
3.5%
2017
$0
$95,829
0%
Alerts Sign-up