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Farmington, UT Real Estate


According to census data in the year 2000 there were 3,274 housing units in Farmington. This represents a 46% growth from 2,243 in 1990.

Of those housing units, 3,129 were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.

Homeownership rate in Farmington is about 87.1%. Farmington's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 3.74 people.

The majority of houses, apartments or condos in Farmington were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom4.30%
Two Bedrooms12.10%
Three Bedrooms22%
Four Bedrooms33.20%
Five Bedrooms or more27.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.81
Median year structure was built1984
Median Value of occupied units$196,000
Median Price asked for vacant units$134,700

Rented Homes, Apartments and Condos

Average Household Size3.27
Median year structure was built1977
Median Monthly Rent asked for vacant units$563

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.60%
Home Equity Loan12.40%
Simple Mortgage53.60%
Debt Free21.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%