Market Summary

Farmington, Cumberland County, NC

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Median Home Price Price

$212,848 $212.8K

Median Monthly Rent Rent

$1,836 $1.8K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cumberland County

Region Price Rent GRM Display
$253,484 $1,792 12.0x
$234,605 $1,813 11.0x
$206,955 $1,787 10.0x
$183,247 $1,817 8.0x
$251,422 $1,796 12.0x
$226,332 $1,808 10.0x
$197,192 $1,872 9.0x
$243,590 $1,795 11.0x
$213,179 $1,810 10.0x
$254,665 $1,781 12.0x
$199,761 $1,863 9.0x
$302,944 $1,737 15.0x
$212,283 $1,813 10.0x
$204,790 $1,767 10.0x
$228,464 $1,773 11.0x
$199,904 $1,799 9.0x
$195,512 $1,792 9.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Cumberland County

Region Price Rent GRM Display
$379,999 $1,823 17.0x
$809,408 $1,903 36.0x
$868,194 $1,931 38.0x
$832,672 $1,910 36.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$197,741 $1,374 12.0x
$223,060 $1,247 15.0x
$212,362 $1,746 10.0x
$207,776 $1,487 12.0x
$399,075 $1,868 18.0x
$1,648,394 $2,185 63.0x
$268,421 $2,128 11.0x
$156,090 $1,230 11.0x
$314,160 $2,086 13.0x
$209,759 $1,260 14.0x
$192,126 $1,563 10.0x
$226,226 $1,200 16.0x
$186,168 $1,355 11.0x
$144,357 $1,333 9.0x

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, NC is $1,836, with MoM change +$12 and YoY change +$86 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

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

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Metric
Base market Farmington, NC
Compare market Select a market
Delta vs base
Median rent
$1,836
N/A
Median price
$212,848
N/A
YoY change
+$86
N/A
Price-to-rent
9.7x
Data unavailable
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