Market Summary

Farmington, Henrico County, VA

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Median Home Price Price

$356,417 $356.4K

Median Monthly Rent Rent

$1,657 $1.7K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Henrico County

Region Price Rent GRM Display
$354,658 $1,655 18.0x
$385,170 $1,688 19.0x
$381,932 $1,679 19.0x
$314,006 $1,652 16.0x
$375,827 $1,651 19.0x
$371,396 $1,663 19.0x
$342,868 $1,674 17.0x
$365,007 $1,644 18.0x
$386,758 $1,686 19.0x
$396,680 $1,652 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Henrico County

Region Price Rent GRM Display
$455,668 $1,711 22.0x
$203,740 $1,342 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
$273,794 $1,313 17.0x
$174,039 $1,102 13.0x
$428,595 $2,068 17.0x
$188,115 $2,056 8.0x
$271,228 $1,636 14.0x
$254,615 $1,207 18.0x
$288,026 $1,692 14.0x
$473,949 $1,712 23.0x
$261,482 $1,523 14.0x
$179,464 $1,180 13.0x
$355,543 $1,644 18.0x
$320,813 $1,642 16.0x
$301,272 $1,685 15.0x
$295,433 $1,401 18.0x
$91,364 $1,305 6.0x
$254,901 $1,287 16.0x
$189,256 $1,153 14.0x
$200,183 $1,598 10.0x
$305,150 $1,656 15.0x
$456,372 $1,894 20.0x

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, VA is $1,657, with MoM change +$13 and YoY change +$86 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

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

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Metric
Base market Farmington, VA
Compare market Select a market
Delta vs base
Median rent
$1,657
N/A
Median price
$356,417
N/A
YoY change
+$86
N/A
Price-to-rent
17.9x
Data unavailable
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