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Preforeclosure 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 $278,200.
In Farmington, MO, how many homes are available?
There are currently 3 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 $5,335,300.
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 picturesque town offering a familial atmosphere with thriving local businesses, parks, and community events. It features a blend of suburban and rural lifestyles, making it an ideal place for families and outdoor enthusiasts. With quality schools and outdoor activities nearby, it's a wonderful place to call home.

Current Market Conditions in Farmington, MO

The real estate market in Farmington is currently experiencing increased demand, characterized by a blend of affordable starter homes and larger estates. Homes are selling relatively quickly, often in less than 30 days, due to the appealing community and lifestyle options available. The average home price in Farmington remains accessible compared to metropolitan areas, attracting first-time buyers and investors alike.

There is growing interest in Farmington due to its emerging amenities and strong community ties. As people seek more affordable housing outside major urban centers, Farmington's charm and quality of life are making it an attractive option.

Home Value Estimator For Farmington, MO

There are currently 7,221 real estate properties in Farmington, MO, with a median automated valuation model (AVM) price of $239,201.00. 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 $278,200.00, with the most expensive house in Farmington, MO, topping out at $5,335,300.00 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 Preforeclosure Homes


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