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Farmington, AR Housing

 
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As of 2010-2014, median price of a house in Farmington is $156,300, which is higher than the state average of $108,700 and is lower than the national average of $175,700. The Farmington median house value has grown by 100.13% since 2000. The growth rate for the price of a house in Farmington is much higher than the state average rate of 49.31% and is much higher than the national average rate of 46.91%. The median year that a house in Farmington was built is 1995, which is newer than the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,483 Owner Occupied Houses in Farmington, AR, #25
Farmington, AR
156,300 USD
Arkansas
108,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #30
Farmington, AR
100.13%
Arkansas
49.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Farmington, ARArkansasU.S.
Total Housing Units2,430, see rank, 100%1,329,139132,741,033
Occupied Housing Units2,331, 95.93%, see rank85.20%87.55%
Owner Occupied1,483, 61.03%, see rank56.70%56.34%
Renter Occupied848, 34.90%, see rank28.50%31.21%
Vacant Housing Units99, 4.07%, see rank14.80%12.45%
For Rent0, 0.00%, see rank3.08%2.34%
For Sale Only39, 1.60%, see rank1.47%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.34%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank3.77%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant60, 2.47%, see rank5.11%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #18
Farmington, ARArkansasU.S.
199519821976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Farmington, AR%ArkansasU.S.
Owner-Occupied Units1,483100%753,62074,787,460
With a Mortgage1,15277.68%, see rank57.12%65.58%
Without a Mortgage33122.32%, see rank42.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Farmington, AR
1,401 USD
Arkansas
1,027 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFarmington, AR%ArkansasU.S.
$299 or Less00.00%, see rank0.27%0.20%
$300 to $499110.95%, see rank4.06%1.59%
$500 to $699665.73%, see rank13.71%5.01%
$700 to $99917014.76%, see rank29.88%14.32%
$1,000 to $1,49944038.19%, see rank31.28%27.90%
$1,500 to $1,99927323.70%, see rank11.89%20.35%
$2,000 to $2,99915913.80%, see rank6.76%19.52%
$3,000 or More332.86%, see rank2.16%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Farmington, AR
22.60% of the Total Income
Arkansas
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Farmington, AR%ArkansasU.S.
10% or Less413.56%, see rank8.42%5.86%
10% to 20%43537.76%, see rank40.00%31.95%
20% to 30%40034.72%, see rank25.17%27.64%
30% to 40%1149.90%, see rank10.74%13.74%
40% or More16214.06%, see rank15.06%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Farmington, AR
376 USD
Arkansas
328 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFarmington, AR%ArkansasU.S.
$199 or Less5115.41%, see rank14.84%7.76%
$200 to $299185.44%, see rank27.47%14.70%
$300 to $49926279.15%, see rank40.92%34.63%
$500 to $69900.00%, see rank11.95%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Farmington, AR
11.00% of the Total Income
Arkansas
10.60% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Farmington, AR%ArkansasU.S.
10% or Less13941.99%, see rank46.84%40.19%
10% to 20%9027.19%, see rank30.62%31.47%
20% to 30%216.34%, see rank10.57%12.24%
30% to 40%206.04%, see rank4.25%5.64%
40% or More4413.29%, see rank6.40%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Farmington, ARArkansasU.S.
Total Housing Units2,430, 100%1,329,139132,741,033
1-unit, Detached1,864, 76.71%, see rank69.70%61.65%
1-unit, Attached110, 4.53%, see rank1.65%5.82%
2 Units194, 7.98%, see rank3.05%3.75%
3 or 4 Units121, 4.98%, see rank3.22%4.43%
5 to 9 Units32, 1.32%, see rank3.18%4.78%
10 or More Units76, 3.13%, see rank6.24%13.08%
Mobile Home, Boat, RV, Van, etc.33, 1.36%, see rank12.96%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Farmington, ARArkansasU.S.
Total Housing Units2,430, 100%1,329,139132,741,033
1 Room47, 1.93%, see rank1.56%1.95%
2 Rooms33, 1.36%, see rank1.59%2.48%
3 Rooms99, 4.07%, see rank6.43%9.13%
4 Rooms138, 5.68%, see rank17.60%16.60%
5 Rooms792, 32.59%, see rank26.27%20.41%
6 Rooms506, 20.82%, see rank20.63%18.06%
7 Rooms490, 20.16%, see rank12.10%12.27%
8 Rooms152, 6.26%, see rank6.91%8.48%
9 Rooms or More173, 7.12%, see rank6.92%10.60%
Median Rooms5.70, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Farmington, ARArkansasU.S.
Total Housing Units2,430, 100%1,329,139132,741,033
No Bedroom64, 2.63%, see rank1.67%2.17%
1 Bedroom115, 4.73%, see rank7.20%11.16%
2 Bedrooms250, 10.29%, see rank27.66%26.69%
3 Bedrooms1,515, 62.35%, see rank49.76%39.70%
4 Bedrooms375, 15.43%, see rank11.71%16.05%
5 or More Bedrooms111, 4.57%, see rank2.00%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Farmington, ARArkansasU.S.
Total Housing Units2,331, 100%1,132,488116,211,092
Utility Gas1,541, 66.11%, see rank40.58%48.85%
Bottled, Tank, or LP Gas16, 0.69%, see rank7.51%4.86%
Electricity652, 27.97%, see rank46.89%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.00%0.12%
Wood102, 4.38%, see rank4.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel20, 0.86%, see rank0.30%0.47%
No Fuel Used0, 0.00%, see rank0.20%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFarmington, ARArkansasU.S.
Occupied Units Paying Rent782, 100%340,13639,201,928
$199 or Less0, 0.00%, see rank1.96%1.50%
$200 to $29912, 1.53%, see rank4.51%3.18%
$300 to $499109, 13.94%, see rank15.80%7.37%
$500 to $69997, 12.40%, see rank31.92%16.01%
$700 to $999362, 46.29%, see rank32.72%29.17%
$1,000 to $1,49995, 12.15%, see rank10.95%26.88%
$1,500 to $1,99956, 7.16%, see rank1.32%9.79%
$2,000 or More51, 6.52%, see rank0.81%6.10%
Median$836, see rank$675$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Farmington, ARArkansasU.S.
Occupied Housing Units2,331, 100%1,132,488116,211,092
No Vehicles Available70, 3.00%, see rank6.36%9.12%
1 Vehicles Available819, 35.14%, see rank34.07%33.80%
2 Vehicles Available1,094, 46.93%, see rank39.29%37.48%
3 or More Vehicles Available348, 14.93%, see rank20.28%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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