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Today: September 23, 2025

Current Price

$117,899

1 Month Forecast

$125,426

1-Year Forecast *

$133,057

5-Year Forecast *

$155,547

"Is it a good time to buy homes in Farmington?" "Does investing in real estate in Farmington (Iowa State, Lee County) worth it?" According to our live Forecast System, buying a house in Farmington is a good short-term (1-year) investment*. The Farmington average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Farmington" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Farmington in Iowa State, Lee County. If you are looking for homes for sale with good flipping profit, Farmington can be a profitable property investment option. The median price of an average house in Farmington was 117,899 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Farmington" area is 155,547 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +31.93% meaning that investing 100000 USD today may yield a profit of 31,933 USD by 2030.

Current Median Listing Price: 117,899 USD Median Listing Price Per Square Foot: 65 USD

Farmington Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Farmington (Iowa State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Farmington Price Target

Farmington median home price target in 12 months: $133,057* (upside of 12.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $123,497 $124,625 $123,497 $124,737
2024 $108,001 $117,899 $107,429 $118,258
2023 $99,620 $108,522 $98,897 $108,522
2022 $90,238 $100,379 $90,238 $100,899
2021 $83,000 $88,542 $83,000 $88,542
2020 $76,114 $82,174 $75,922 $82,174
2019 $0 $76,478 $0 $76,478
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Farmington Housing Market Forecast

How much does an average home cost in Farmington today?

The value of an average home (the listing price) in Farmington is $117,899 USD.

What is the average price per square foot in Farmington?

According to Walletinvestor the median price per square foot in Farmington is 65 USD.

Will the median listing price of homes in Farmington grow / rise / go up?

Yes. The Farmington home prices may rise from 117,899 USD to 133,057 USD in one year.

Is it profitable to invest in Farmington homes?

Yes. The long-term profit potential is +12.86% in one year.

Will Farmington house prices fall / drop?

No. See above.

What is the predicted price of a Farmington home in 2030?

The predicted home sales price of a Farmington home in 2030 in Farmington is 155,547 USD.

What is the predicted price of a Farmington home in 2035?

The predicted home sales price of a Farmington home in 2035 in Farmington is 194,140 USD.

Will real estate prices decrease in Farmington?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Farmington is the 20137. largest city in the United States, located in Iowa State.

During the last 12 months the real estate prices in Lee, Farmington increased, looking at the past 12 months.

According to Walletinvestor's Farmington real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.059% to 117,899 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 11.257% in 2020
  • 11.967% in 2021
  • 10.907% in 2022
  • 13.427% in 2023
  • 13.407% in 2024
  • 13.717% in 2025

Based on our Farmington real estate market research and report the predicted sales prices will increase by 235.196% in the next 10 years.

Over the last 12 months, the value of homes in Farmington fluctuated: increasing 7 times and decreasing 3 times.

Farmington (Iowa) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Farmington Housing Market Forecast with Real Estate Prices for 2025
August 2025 125426 116647 134206
September 2025 126233 118406 134059
October 2025 127044 114466 139621
November 2025 127860 119294 136427
December 2025 128682 120446 136918
Farmington Housing Market Forecast with Real Estate Prices for 2026
January 2026 129509 123034 135984
February 2026 130341 123564 137119
March 2026 131179 123177 139181
April 2026 132022 118820 145224
May 2026 132871 124234 141507
June 2026 133500 120951 146049
July 2026 133057 125340 140775
August 2026 132842 121683 144001
September 2026 132878 123045 142711
October 2026 133732 120894 146570
November 2026 134592 122882 146301
December 2026 135457 124620 146293
Farmington Housing Market Forecast with Real Estate Prices for 2027
January 2027 136327 128693 143961
February 2027 137203 127736 146670
March 2027 138085 131181 144989
April 2027 138973 128133 149812
May 2027 139866 129655 150076
June 2027 140590 130889 150291
July 2027 141209 129347 153071
August 2027 141316 132837 149795
September 2027 141119 131523 150715
October 2027 140651 128414 152888
November 2027 140185 130792 149577
December 2027 139720 129101 150338
Farmington Housing Market Forecast with Real Estate Prices for 2028
January 2028 139791 126231 153351
February 2028 140689 133233 148146
March 2028 141593 134514 148673
April 2028 142503 135236 149771
May 2028 143419 129794 157044
June 2028 144341 131783 156899
July 2028 144837 131222 158452
August 2028 145156 131947 158365
September 2028 145576 131018 160134
October 2028 145903 138608 153198
November 2028 145419 135094 155744
December 2028 144937 131168 158706
Farmington Housing Market Forecast with Real Estate Prices for 2029
January 2029 145550 131140 159959
February 2029 146485 133888 159083
March 2029 147427 133569 161285
April 2029 148374 139472 157277
May 2029 149328 138875 159781
June 2029 150288 140519 160056
July 2029 151115 136910 165320
August 2029 151665 143626 159703
September 2029 151175 140895 161455
October 2029 151204 141225 161184
November 2029 152176 141371 162980
December 2029 153104 139325 166883
Farmington Housing Market Forecast with Real Estate Prices for 2030
January 2030 153635 144110 163160
February 2030 153704 145096 162311
March 2030 153413 139452 167373
April 2030 153027 143080 162974
May 2030 153567 143585 163548
June 2030 154554 146517 162590
July 2030 155547 147303 163791
August 2030 156546 141675 171418
September 2030 157553 149045 166060
October 2030 158565 147941 169189
November 2030 159584 151445 167723
December 2030 160610 149207 172013
Farmington Housing Market Forecast with Real Estate Prices for 2031
January 2031 161642 149196 174088
February 2031 162681 154384 170978
March 2031 163726 150628 176825
April 2031 164502 150519 178485
May 2031 163957 152808 175106
June 2031 163691 147322 180060
July 2031 163736 148672 178799
August 2031 164788 148639 180937
September 2031 165847 152579 179115
October 2031 166913 158234 175592
November 2031 167986 155723 180249
December 2031 169065 156047 182083
Farmington Housing Market Forecast with Real Estate Prices for 2032
January 2032 170152 159262 181042
February 2032 171245 156005 186486
March 2032 172346 156835 187857
April 2032 173239 161285 185192
May 2032 174001 162517 185485
June 2032 174133 165426 182840
July 2032 173890 162066 185715
August 2032 173314 161355 185272
September 2032 172739 162893 182585
October 2032 172166 162869 181463
November 2032 172254 156062 188446
December 2032 173361 162266 184456
Farmington Housing Market Forecast with Real Estate Prices for 2033
January 2033 174475 161389 187561
February 2033 175596 164885 186308
March 2033 176725 161880 191570
April 2033 177861 163632 192089
May 2033 178472 161160 195783
June 2033 178865 163662 194069
July 2033 179382 163956 194809

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.