Similar to its nearby areas, it's substantially less expensive compared to the rest of the nation. It's substantially less expensive compared to the city of Spokane.
Home prices
The median home in Farmington is valued at $121,900. Compared to nearby areas it is about $2,420 (2%) higher.In comparison to the rest of the country it is approximately $95,600 (43%) lower, and it is approximately $65,700 (35%) lower compared to the city of Spokane.
Rents
Farmington's median rent is $392 a month. Compared to the surrounding areas it is approximately $262 (40%) lower.It is approximately $670 (63%) lower compared to the entire country, and it is about $474 (54%) lower in comparison to the city of Spokane.
Nearby places
Garfield
Garfield is approximately 6 miles southwest of Farmington. Its housing prices are a little more expensive. The price of the median home in Garfield is $146,000, which works out to $24,100 (16%) higher than Farmington. The rent there is a lot more expensive. The median monthly rent in Garfield is $911, which is $519 (56%) higher than Farmington.
De Smet
De Smet is about 6 miles northeast of Farmington. The housing prices there are significantly less expensive. The cost of the median home in De Smet is $80,000, which comes out to $41,900 (52%) lower than Farmington. Its rents are a bit more expensive. The median monthly rent in De Smet is $475, which comes out to $83 (17%) higher than Farmington.
Tensed
Tensed is about 6 miles northeast of Farmington. The housing prices there are a little less expensive. The median home in Tensed costs $102,100, which comes out to $19,800 (19%) lower than Farmington. Rent there is a little more expensive. The median rent in Tensed is $450 a month, which works out to $58 (12%) higher than Farmington.
Tekoa
Tekoa is approximately 8 miles north from Farmington. Its real estate prices are pretty similar. The median home cost in Tekoa is $123,100, which is very similar to Farmington. Its rents are somewhat more expensive. Tekoa's median monthly rent is $570, which comes out to $178 (31%) higher than Farmington.
Oakesdale
Oakesdale is about 8 miles west of Farmington. Its real estate prices are a bit more expensive. Oakesdale's median home value is $146,200, which comes out to $24,300 (16%) higher than Farmington. Rents there are substantially more expensive. In Oakesdale the median rent is $864 a month, which works out to $472 (54%) higher than Farmington.
