Housing in Farmington, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$123,279
Farmington vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Farmington is highlighted.
Median Home Value
6th%ilemost expensive$63,600show rank
Median Rent
16th%ilemost expensive rent$692show rank
Rent Burden
25th%ilehighest rent burden15.2%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$63,600
Median Rent
$692
Total Housing Units
319
Vacancy Rate
16.0%
Owner Occupied
82.5%
Renter Occupied
17.5%
Median Property Tax
$940
per year
Monthly Cost (w/ Mortgage)
$561
Housing Types
Single Family77.1%
Multi-Family12.2%
Mobile Home10.7%
The median home value in Farmington, IA is $63,600. According to Zillow, the home value index for Farmington is $123,279. The median rent is $692 per month (Census ACS). About 82.5% of housing units are owner-occupied. The median year homes were built is 1957. There are 319 total housing units.