In 72730 Farmington, AR, the median housing value is $299,000 which is significantly lower than the US median housing value of $338,100. However, it has seen a higher appreciation rate over the last year compared to the US average of 8.27%, with a 1 year appreciation rate of 16.21%. This makes 72730 Farmington, AR an attractive place for people looking for homes in terms of both affordability and potential investment opportunity.
The median home cost in Farmington (zip 72730) is $299,000. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Farmington (zip 72730) is up 23.4%.
Average Age of Homes
- The median age of Farmington (zip 72730) real estate is 25 years old
The Rental Market in Farmington (zip 72730)
- Renters make up 29.8% of the Farmington (zip 72730) population
- 1.4% of houses and apartments in Farmington (zip 72730), 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.