Market Summary

Farmington, New Castle County, DE

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Median Home Price Price

$715,044 $715K

Median Monthly Rent Rent

$1,449 $1.4K

GRM

41.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within New Castle County

Region Price Rent GRM Display
$570,271 $1,481 32.0x
$524,456 $1,459 30.0x
$686,301 $1,466 39.0x
$428,351 $1,491 24.0x
$537,753 $1,468 31.0x
$539,898 $1,442 31.0x
$412,237 $1,514 23.0x
$404,689 $1,478 23.0x
$545,579 $1,445 32.0x
$504,486 $1,458 29.0x
$389,643 $1,509 22.0x
$375,017 $1,467 21.0x
$458,804 $1,532 25.0x
$495,083 $1,525 27.0x
$567,584 $1,519 31.0x

Home prices

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Monthly rent

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GRM

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Similar markets within DE outside of New Castle 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 outside of DE

Region Price Rent GRM Display
$307,085 $1,397 18.0x
$287,424 $1,287 19.0x
$241,166 $1,376 15.0x
$331,876 $1,416 20.0x
$559,330 $1,796 26.0x
$327,771 $1,422 19.0x
$1,036,798 $2,886 30.0x
$467,235 $1,422 27.0x
$384,577 $1,415 23.0x
$266,185 $1,435 15.0x
$368,196 $1,184 26.0x
$780,462 $2,518 26.0x
$418,226 $2,175 16.0x
$372,775 $1,624 19.0x
$634,176 $1,454 36.0x
$314,815 $1,950 13.0x
$620,326 $1,560 33.0x
$276,375 $1,179 20.0x
$520,502 $1,371 32.0x

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, DE is $1,449, with MoM change +$10 and YoY change +$74 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, DE.

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Metric
Base market Farmington, DE
Compare market Select a market
Delta vs base
Median rent
$1,449
N/A
Median price
$715,044
N/A
YoY change
+$74
N/A
Price-to-rent
41.1x
Data unavailable
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