Farmington, MO Real Estate
According to census data in the year 2000 there were 4,997 housing units in Farmington.
This represents a 21.1% growth from 4,128 in 1990.
Of those housing units, 4,891 were located in either urbanized areas or urban clusters, and 106 were located in what is classified as a rural area.
Homeownership rate in Farmington is about 62.3%.
Farmington's vacancy rate, including seasonal lodging, is about 7.4%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Farmington were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 13.20% |
| Two Bedrooms | 34.90% |
| Three Bedrooms | 38.10% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $81,300 |
| Median Price asked for vacant units | $71,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $321 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 5% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 53.50% |
| Debt Free | 35.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
