Home Values

Farmington Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Farmington is 2.3%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Farmington homeowners underwater on their mortgage is 24.6%.

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Relative ZHVI
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Farmington Market Overview

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Farmington Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 24.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 2.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Brimfield $168,700
Hanna City $119,200
Elmwood $105,200
Name Median ZHVI
Glasford $101,700
 
 

Listings & Sales

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Farmington Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,051 Farmington
    $1,048 Canton Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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