Market Summary

Farmington, Lee County, IA

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Median Home Price Price

$124,775 $124.8K

Median Monthly Rent Rent

$898 $898

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lee County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Lee County

Region Price Rent GRM Display
Whiting, Monona County, IA
$169,939 $1,102 13.0x
Stout, Grundy County, IA
$135,541 $936 12.0x
Lu Verne, Kossuth County, IA
$134,211 $988 11.0x
Goodell, Hancock County, IA
$112,485 $909 10.0x
Crystal Lake, Hancock County, IA
$90,531 $1,097 7.0x
Milford, Dickinson County, IA
$277,488 $1,087 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
West Union, Adams County, OH
$179,958 $881 17.0x
Newark, Wayne County, NY
$186,253 $1,272 12.0x
Scottdale, Westmoreland County, PA
$168,218 $841 17.0x
Manchester, Adams County, OH
$136,022 $811 14.0x
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$196,104 $1,064 16.0x
Exmore, Northampton County, VA
$192,766 $896 18.0x
Austin, Scott County, IN
$159,264 $846 16.0x
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$242,467 $828 24.0x
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$194,292 $1,166 14.0x
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$249,996 $1,165 18.0x
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$219,977 $1,175 16.0x
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$272,595 $1,327 17.0x
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$188,126 $1,708 9.0x
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$249,122 $882 24.0x
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$191,628 $1,247 13.0x
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$321,432 $1,509 18.0x
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$226,558 $1,014 19.0x
Gosport, Owen County, IN
$242,331 $1,289 16.0x

Home prices

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Monthly rent

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GRM

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Farmington

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Trend Insights

Median Rent in Farmington, IA is $898, with MoM change +$7 and YoY change +$68 pointing to positive momentum while volatility is low (std $17).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Farmington, IA.

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Metric
Base market Farmington, IA
Compare market Select a market
Delta vs base
Median rent
$898
N/A
—
Median price
$124,775
N/A
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YoY change
+$68
N/A
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Price-to-rent
11.6x
Data unavailable
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