
Home Price Key
These days, finding an affordable place to live in the Farmington area can be challenging. Home prices in Farmington are now at a median cost of $242,144, lower than the Delaware average of $282,938.
The average cost of rent is $1,319/mo in Farmington, primarily driven by the current value of real estate in the Farmington area. While nearly 36.98% of residents own their homes outright in Farmington, 22.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmington is $5,974 per month. Households that rent pay about 22.08% of their income on rent here. Farmington's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Greenwood, DE: less expensive homes
- Houston, DE: higher priced homes
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- Vernon, DE: equally priced homes
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- Cocked Hat, DE: less expensive homes
- Reeves Crossing, DE: equally priced homes
- Woodenhawk, DE: less expensive homes
- Milford, DE: equally priced homes
- Ellendale, DE: less expensive homes
Cities with Similar Populations
- La Barge, WY: equally priced homes
- Adell, TX: higher priced homes
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- Lorenzo, GA: less expensive homes
- Lombard, WI: less expensive homes
- Locust Corners, MI: less expensive homes
- Locktown, NJ: higher priced homes
- Little Walnut, OH: equally priced homes
- Lechee, AZ: less expensive homes
- Lake Carey, PA: less expensive homes
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