Zip 14425 (Farmington, NY) Housing

The housing market in 14425 Farmington, NY is thriving. The median value of housing in the area is $251,100, which is quite a bit lower than the US House Median Value of $338,100. However, the one year house appreciation rate for homes in 14425 Farmington is 11.08%, compared to the US 1 year House Appreciation rate of 8.27%. This shows that people are investing heavily in this area and that the housing market here is rapidly improving.

The median home cost in Farmington (zip 14425) is $251,100. Home appreciation the last 10 years has been 64.9%. Home Appreciation in Farmington (zip 14425) is up 11.7%.

Average Age of Homes

- The median age of Farmington (zip 14425) real estate is 34 years old

The Rental Market in Farmington (zip 14425)

- Renters make up 26.4% of the Farmington (zip 14425) population
- 1.9% of houses and apartments in Farmington (zip 14425), 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, New York	United States
	5,268.0	139,647,020.0
	35	42
	$251,100	$338,100
	11.7%	16.6%
	48.3%	57.0%
	64.9%	101.1%
	$20.88	$10.98
	$3,523	$2,690
	65.2%	57.4%
	4.5%	11.2%
	30.3%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	9.5%	2.6%
	1.3%	2.4%
	0.6%	2.8%
	0.7%	3.9%
	1.8%	4.5%
	18.9%	11.3%
	29.6%	13.0%
	26.4%	20.1%
	10.1%	13.6%
	0.7%	8.3%
	0.4%	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%
	12.6%	13.6%
	12.6%	13.6%
	15.5%	13.6%
	12.4%	13.2%
	27.9%	14.8%
	15.5%	13.6%
	2.5%	10.0%
	0.0%	4.7%
	2.9%	12.2%

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