The housing market in Farmington, NH is growing quickly. According to recent data, the median value of a house in Farmington stands at $334,100, which is slightly lower than the US median value of $338,100. However, it is increasing at a much faster rate than the US median - with an appreciation rate of 14.27% over the last year compared to 8.27% nationally. This shows that investing in real estate in Farmington could be a great option for those looking to make a long-term investment.
The median home cost in Farmington is $334,100. Home appreciation the last 10 years has been 100.4%. Home Appreciation in Farmington is up 17.4%.
Average Age of Homes
- The median age of Farmington real estate is 48 years old
The Rental Market in Farmington
- Renters make up 26.6% of the Farmington population
- 1.5% 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.