Farmington, CA—95230
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Farmington, CA
As of Oct '25, the median home price in Farmington, CA is $694,000, with a year-over-year change of -0.8%. This indicates that home prices in Farmington, CA are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $694,000 | -0.8% |
| Single Family | $695,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Farmington, CA
Farmington, CA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Farmington, CA
Farmington, CA lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.5% | N/A |
Days on Market | N/A | N/A |
Demographics — Farmington, CA
As of the latest ACS Survey released in 2023, Farmington, CA has a population of 495, which has decreased by -17.1% over the past 5 years. Farmington, CA is a popular place for families, as children make up 34.3% of the population. The area has a poorly educated workforce, with 3.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 495 | -17.1% |
% Under 18 | 34.3% | -9.5% |
% Seniors | 18.6% | 20.8% |
% WFH | 13.5% | -45.3% |
% w/ College Degree | 3.1% | -77.7% |
As of the latest ACS Survey released in 2023, Farmington, CA is a predominantly hispanic area, with 67.1% of the population identifying as hispanic. The hispanic population has grown by 102.1% in the last 5 years. The second most common race or ethnicity in Farmington, CA is white, making up 32.9% of the population. Foreign-born residents account for 5.1% of the population in Farmington, CA, and this percentage has decreased by 65.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 32.9% | -50.2% |
% Black | 0.0% | N/A |
% Hispanic | 67.1% | 102.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.1% | -65.8% |
Mortgage and Risk — Farmington, CA
Farmington, CA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Farmington, CA
Farmington, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,960 |
| 2 Bedroom | N/A | N/A | $2,500 |
| 3 Bedroom | N/A | N/A | $3,500 |
| 4 Bedroom | N/A | N/A | $4,170 |
Affordability — Farmington, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $694,000 |
| Median Household Income | $135,000 |