A typical Farmington home is worth roughly $221,000
What kind of housing town is Farmington?
Read from the numbers below. The page puts what stands out first.
91% of Farmington households own their home
Half of Farmington’s homes were built before 1979.
Ohio: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A typical home costs 3.5 years of income
About the same as across Ohio. Try your own numbers below.
That covers a typical Farmington home, with $18K to spare.
A two-bedroom rents for about $1,020 a month here, $340 less than owning.
How Farmington ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Farmington’s typical property tax (1.09% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,020
Renters already here pay a median of $883, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Akron, OH MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Farmington vs. its neighbors
Farmington is the 3rd least expensive of 6 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Farmington | $221K* | — | $1,020 | $62,609 |
| Bristol | $181K* | +2.3%† | $990 | $69,167 |
| Parkman | $267K* | −0.4%† | $1,060 | $100,417 |
| Southington | $240K | +5.9% | $980 | $69,750 |
| Mesopotamia | $208K* | −1.1%† | $1,030 | $66,167 |
| Middlefield | $308K | +7.6% | $1,050 | $74,342 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Farmington buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.