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Fixer Upper Homes in Farmington, MO

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Farmington, MO Foreclosures

How much do homes sell for in Farmington, MO?
The average home price is currently $280,115.
In Farmington, MO, how many homes are available?
There are currently 36 active home listings available in Farmington.
What’s the average rental cost in Farmington, MO?
The average rental price in Farmington is $1,110.
What is the most expensive home in Farmington?
The most expensive home sold in Farmington had a price of $5,442,000.
What is currently the cheapest priced home in Farmington, MO?
The cheapest home for sale in Farmington is priced at $20,163.

Living in Farmington, MO

Farmington, MO, is a welcoming city known for its strong community spirit, beautiful parks, and thriving local businesses. With a range of educational institutions and recreational activities, it provides an ideal setting for families and individuals. Residents enjoy a blend of historic charm and modern amenities, making Farmington a desirable place to call home.

Current Market Conditions in Farmington, MO

The real estate market in Farmington, MO, is currently experiencing moderate growth as demand increases for single-family homes. The area has become particularly attractive to first-time homebuyers due to its affordable housing options and community-oriented lifestyle. As new developments emerge, the market is expected to continue to grow, with an influx of buyers drawn to the city's picturesque environment and quality amenities.

Recent trends indicate that the Farmington housing market is gaining attention not only from local residents but also from buyers in nearby metropolitan areas. The low inventory levels are driving prices up, while interest rates remain competitive, encouraging buyers to invest in the area despite rising prices.

Home Value Estimator For Farmington, MO

There are currently 7,222 real estate properties in Farmington, MO, with a median automated valuation model (AVM) price of $242,371.00. 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, MO, 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, MO, is $280,115.00, with the most expensive house in Farmington, MO, topping out at $5,442,000.00 and the cheapest home in Farmington, MO, clocking in at $20,163.00. In other words, there’s something for every potential homebuyer or savvy investor in Farmington, MO!

Rent Prices In Farmington, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farmington, MO, is on a rollercoaster ride. The average rent price in Farmington, MO, is $1,110.00. Indeed, when looking to rent in Farmington, MO, you can expect to pay as little as $500.00 or as much as $2,360.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Farmington, MO -- 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, MO Fixer Upper Homes

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