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Farmington, WV Properties

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Find, analyze, and compare Farmington, WV investment properties, including off-market opportunities and residential homes with value-add potential. Farmington offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout West Virginia. Explore housing market trends in Farmington, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Farmington, WV for your real estate goals.

In Farmington, the median property value currently stands at $82,375, reflecting a 28.76% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $252,575 (a 0.25% gain). The housing market includes a total of 760 houses.The median home in Farmington has 1,470 square feet of living space, priced at a median of $77 per square foot with a median year built of 1930. For long-term rental properties in Farmington, the median annual gross rental income is $18,000 (or $1,500/month) with estimated operating expenses of $2,924, resulting in an approximate gross cap rate of 12.86%.

Property Intel by Whitepages helps investors and homeowners explore the Farmington area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Farmington, WV.

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Housing Market Trends & Statistics for Farmington, West Virginia

Median Property Value
$82,375
Total number of Properties
760
Median Living Space
1,470 sq ft
Median Year Built
1930 (95 years)
5-Year Appreciation Forecast
$252,575
Median Lot Size
23,662 sq ft
Average Ownership
6 months
for Farmington, WV
  • Est. Rental Income
    $18,000 ($1,500 per month)
  • Net Operating Income
    $15,076 ($1,256 per month)
  • Cap Rate
    12.86%

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