Housing in Farmington, WA is currently very valuable, with a median value of $272,900. This is significantly lower than the US median house value of $338,100. However, over the past year housing appreciation in Farmington has been much higher than the national average, at 15.73% compared to 8.27%. This indicates that housing prices are rapidly increasing in Farmington and is a great opportunity for prospective home buyers.
The median home cost in Farmington is $272,900. Home appreciation the last 10 years has been 115.4%. Home Appreciation in Farmington is up 19.3%.
Average Age of Homes
- The median age of Farmington real estate is 78 years old
The Rental Market in Farmington
- Renters make up 7.0% of the Farmington population
- 0.0% 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.