Home prices
The median home in Farmington is valued at $173,200. Compared to its surrounding areas it is roughly $85,240 (96%) higher.It is approximately $44,300 (20%) lower compared to the US as a whole, and in comparison to the city of Portland it is roughly $115,800 (40%) lower.
Rents
Farmington's median monthly rent is $630. Compared to the surrounding areas it is approximately $17 (2%) higher.Compared to the rest of the country it is roughly $432 (40%) lower, and is roughly $494 (43%) lower compared to the city of Portland.
Nearby places
Wilton
Wilton is about 5 miles southwest of Farmington. Real estate prices there are a lot less expensive. The median home in Wilton costs $89,700, which is $83,500 (93%) lower than Farmington. Rents there are a little less expensive. The median monthly rent in Wilton is $519, which works out to $111 (21%) lower than Farmington.
Chisholm
Chisholm is about 11 miles south of Farmington. Its housing prices are significantly less expensive. The median home price in Chisholm is $129,600, which comes out to $43,600 (33%) lower than Farmington. Rents there are somewhat less expensive. The median monthly rent in Chisholm is $558, which comes out to $72 (12%) lower than Farmington.
Livermore Falls
Livermore Falls is roughly 12 miles south from Farmington. Its real estate prices are a lot less expensive. The price of the median home in Livermore Falls is $81,600, which works out to $91,600 (112%) lower than Farmington. Rents there are somewhat less expensive. The median rent in Livermore Falls is $567 per month, which works out to $63 (11%) lower than Farmington.
Anson
Anson is approximately 13 miles northeast from Farmington. Its real estate prices are substantially less expensive. The median home in Anson costs $62,200, which works out to $111,000 (178%) lower than Farmington. The rent there is a little more expensive. Anson's median monthly rent is $711, which is $81 (11%) higher than Farmington.
Madison
Madison is roughly 14 miles northeast of Farmington. Real estate prices there are a lot less expensive. Madison's median home price is $76,700, which works out to $96,500 (125%) lower than Farmington. Its rents are a little more expensive. In Madison the median monthly rent is $709, which works out to $79 (11%) higher than Farmington.