Zip 63640 (Farmington, MO) Housing

The housing market in Farmington, MO (63640) is strong. The median value of homes is $218,100 which is significantly lower than the US house median value of $338,100. Despite this difference, Farmington has experienced greater appreciation over the last year with a 13.45% increase compared to the US 1 year house appreciation of 8.27%. This shows that the area is attractive to buyers and investors, making it a great place to consider for housing.

The median home cost in Farmington (zip 63640) is $218,100. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Farmington (zip 63640) is up 17.1%.

Average Age of Homes

- The median age of Farmington (zip 63640) real estate is 32 years old

The Rental Market in Farmington (zip 63640)

- Renters make up 30.9% of the Farmington (zip 63640) population
- 1.9% of houses and apartments in Farmington (zip 63640), 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

Housing	Farmington, Missouri	United States
	11,306.0	139,647,020.0
	35	42
	$218,100	$338,100
	17.1%	16.6%
	58.3%	57.0%
	73.2%	101.1%
	$7.87	$10.98
	$1,273	$2,690
	58.4%	57.4%
	12.7%	11.2%
	28.8%	31.4%
Vacant Housing
	1.9%	1.9%
	0.5%	0.4%
	2.0%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	8.1%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	1.6%	2.4%
	3.2%	2.8%
	5.3%	3.9%
	8.0%	4.5%
	23.2%	11.3%
	20.3%	13.0%
	20.1%	20.1%
	10.5%	13.6%
	1.0%	8.3%
	3.2%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	15.3%	13.6%
	15.3%	13.6%
	18.7%	13.6%
	10.9%	13.2%
	16.5%	14.8%
	18.7%	13.6%
	8.4%	10.0%
	3.9%	4.7%
	7.1%	12.2%

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