Farmington, AR Real Estate

According to census data in the year 2000 there were 1,426 housing units in Farmington. This represents a 165.5% growth from 537 in 1990.

Of those housing units, 1,296 were located in either urbanized areas or urban clusters, and 130 were located in what is classified as a rural area.

Homeownership rate in Farmington is about 66.4%. Farmington's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Farmington were built after 1991.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom5.30%
Two Bedrooms20.60%
Three Bedrooms65.80%
Four Bedrooms6.50%
Five Bedrooms or more0.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1991
Median Value of occupied units$78,100
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1991
Median Monthly Rent asked for vacant units$457

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.50%
Home Equity Loan2.40%
Simple Mortgage71.40%
Debt Free18.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%