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Foreclosure Homes in Farmington, IA

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Farmington, IA Foreclosures

Current Market Conditions in in Farmington, IA As of April 2026?
In the past month, the Farmington real estate market has remained stable. With a few new listings coming on the market, buyers continue to show interest, particularly in family homes. However, the number of available homes is still limited, which makes it competitive for buyers looking to settle in the area.
How much do homes sell for in Farmington, IA?
The average home price is currently $174,380.
In Farmington, IA, how many homes are available?
There are currently 35 active home listings available in Farmington.
What’s the average rental cost in Farmington, IA?
The average rental price in Farmington is $1,058.
What is the most expensive home in Farmington?
The most expensive home sold in Farmington had a price of $823,165.
What is currently the cheapest priced home in Farmington, IA?
The cheapest home for sale in Farmington is priced at $13,475.

Living in Farmington, IA

Farmington, Iowa is a charming small town known for its friendly community and peaceful environment. With access to local amenities and outdoor recreation, it's a great place for families, retirees, and those looking for a quieter lifestyle. The town boasts rich history and close-knit community ties that welcome newcomers.

Buyer vs Seller Market in Farmington, IA

The real estate market in Farmington has seen a steady increase in home values over the past couple of years. The demand for affordable housing in rural areas has attracted more buyers, contributing to this gradual appreciation. Properties are selling slightly faster than in the past, reflecting an increased interest in small-town living.

Home Value Estimator For Farmington, IA

There are currently 575 real estate properties in Farmington, IA, with a median automated valuation model (AVM) price of $131,527.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farmington, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Farmington, IA, is $174,380.00, with the most expensive house in Farmington, IA, topping out at $823,165.00 and the cheapest home in Farmington, IA, clocking in at $13,475.00. In other words, there’s something for every potential homebuyer or savvy investor in Farmington, IA!

Rent Prices In Farmington, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farmington, IA, is on a rollercoaster ride. The average rent price in Farmington, IA, is $1,058.00. Indeed, when looking to rent in Farmington, IA, you can expect to pay as little as $610.00 or as much as $1,750.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Farmington, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Farmington, IA Foreclosures

Market Trend for Farmington, IA

Total Listings Available: 35

Market Values:

Home Prices from $13,475 to $823,165

Average Sales Price: $174,380

Rental Values:

Rental from $610 to $1,750

Average Rent Value: $1,058 / month

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