Current Price

$117,899

1 Month Forecast

â–² $125,452

1-Year Forecast *

â–² $131,363

5-Year Forecast *

â–² $152,144

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Farmington" area is 152,144 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +29.05% meaning that investing 100000 USD today may yield a profit of 29,046 USD by 2031.

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: 2026-2032

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: $131,363* (upside of 11.4%)

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 131,363 USD in one year.

Is it profitable to invest in Farmington homes?

Yes. The long-term profit potential is +11.42% 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 148,275 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 180,979 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 decreased, 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 decreased by 5.440% to 117,899 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.100% in 2021
  • 12.250% in 2022
  • 12.010% in 2023
  • 11.390% in 2024
  • 11.660% in 2025
  • 11.740% in 2026

Based on our Farmington real estate market research and report the predicted sales prices will increase by 194.881% in the next 10 years.

Over the last 12 months, the value of homes in Farmington fluctuated: increasing 2 times and decreasing 2 times.

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

Below you will find the price predictions for 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 125452 118678 132227
September 2025 126285 117950 134619
October 2025 127122 120258 133987
November 2025 127966 119776 136156
December 2025 128572 118029 139115
Farmington Housing Market Forecast with Real Estate Prices for 2026
January 2026 128107 115809 140405
February 2026 127899 119586 136213
March 2026 127934 117316 138553
April 2026 128783 116549 141017
May 2026 129637 120952 138323
June 2026 130497 120449 140546
July 2026 131363 120723 142004
August 2026 132235 124301 140169
September 2026 133112 124992 141232
October 2026 133995 124481 143509
November 2026 134884 124768 145000
December 2026 135583 127719 143446
Farmington Housing Market Forecast with Real Estate Prices for 2027
January 2027 136180 123515 148844
February 2027 136283 126743 145822
March 2027 136093 124661 147524
April 2027 135600 125430 145770
May 2027 135110 127409 142811
June 2027 134621 127890 141352
July 2027 134689 127147 142232
August 2027 135583 126906 144260
September 2027 136483 125973 146992
October 2027 137388 127221 147555
November 2027 138299 127927 148672
December 2027 139217 128219 150215
Farmington Housing Market Forecast with Real Estate Prices for 2028
January 2028 139695 131174 148217
February 2028 140003 131883 148124
March 2028 140408 131984 148833
April 2028 140723 130169 151278
May 2028 140214 131100 149328
June 2028 139707 127972 151442
July 2028 140298 128653 151943
August 2028 141229 127106 155352
September 2028 142166 129940 154392
October 2028 143109 130229 155989
November 2028 144058 129941 158176
December 2028 145014 137183 152845
Farmington Housing Market Forecast with Real Estate Prices for 2029
January 2029 145813 134293 157332
February 2029 146343 138587 154099
March 2029 145870 134492 157248
April 2029 145899 136999 154798
May 2029 146866 135264 158469
June 2029 147762 136237 159288
July 2029 148275 136561 159988
August 2029 148341 134694 161988
September 2029 148060 140657 155463
October 2029 147688 136759 158617
November 2029 148209 138872 157546
December 2029 149192 139196 159188
Farmington Housing Market Forecast with Real Estate Prices for 2030
January 2030 150182 137717 162647
February 2030 151178 138630 163726
March 2030 152181 142594 161768
April 2030 152902 142352 163452
May 2030 152349 138790 165908
June 2030 152102 141759 162445
July 2030 152144 143776 160512
August 2030 153153 143504 162802
September 2030 154169 139215 169123
October 2030 155192 145415 164969
November 2030 156221 148254 164189
December 2030 157258 144205 170310
Farmington Housing Market Forecast with Real Estate Prices for 2031
January 2031 158301 144529 172073
February 2031 159351 150109 168594
March 2031 160409 151907 168910
April 2031 161239 151404 171075
May 2031 161949 150613 173286
June 2031 162072 147323 176820
July 2031 161846 148898 174793
August 2031 161260 145941 176580
September 2031 160677 147823 173531
October 2031 160096 150170 170022
November 2031 160177 148644 171710
December 2031 161240 151243 171237
Farmington Housing Market Forecast with Real Estate Prices for 2032
January 2032 162309 151272 173347
February 2032 163386 153256 173516
March 2032 164470 148681 180259
April 2032 165561 150826 180296
May 2032 166130 153837 178424
June 2032 166497 156673 176320
July 2032 166978 155457 178500

> 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.