Farmington, MO Housing


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The housing market in Farmington, MO is thriving with a median value of $207,500. This is significantly lower than the US median value of $338,100, making it an attractive option for potential homebuyers. The 1-year appreciation rate in Farmington has also been higher than the national average at 13.45%, compared to 8.27% across the country. With its affordable housing prices and high appreciation rate, Farmington is becoming a popular choice for those looking to purchase a home.

The median home cost in Farmington is $207,500. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Farmington is up 17.1%.

Average Age of Homes
- The median age of Farmington real estate is 35 years old
The Rental Market in Farmington
- Renters make up 39.9% of the Farmington population
- 1.7% of houses and apartments in Farmington, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingFarmington, MissouriUnited States
  6,732.0139,647,020.0
  3942
  $207,500$338,100
  17.1%16.6%
  58.3%57.0%
  73.2%101.1%
  $8.15$10.98
  $1,245$2,690
  47.3%57.4%
  11.8%11.2%
  40.9%31.4%
  Vacant Housing
  1.7%1.9%
  0.8%0.4%
  1.2%0.7%
  0.0%0.4%
  0.0%3.6%
  8.2%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  2.4%2.4%
  0.3%2.8%
  4.8%3.9%
  8.6%4.5%
  31.4%11.3%
  26.0%13.0%
  16.9%20.1%
  5.0%13.6%
  0.5%8.3%
  3.1%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  11.3%13.6%
  11.3%13.6%
  18.0%13.6%
  11.7%13.2%
  14.8%14.8%
  18.0%13.6%
  8.9%10.0%
  5.1%4.7%
  9.6%12.2%
Reviews for Farmington
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Over 5 years ago

PROPERTY VALUES HAVE NOT GONE UP 48 PERCENT IN THE LAST TEN YEARS. They have only gone up about 2 percent in the last ten years! Farmington is  More

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Great place to raise a family, Great growth whitin the the entire city. Great place to stop at a local Business to shop or grab a bite to eat.  More

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