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Farmington, AR
Full City Profile · Arkansas · Benton County County
3.6
/5.0
B+
Good
8,469
Population
862/sq mi density
$88,541
Median Income
$33,852 per capita
$249,900
Home Value
$329,765 Zillow
$1,223
Median Rent
24.4% income on rent
57°F
Avg Temperature
305 sunny days/yr
447
Violent Crime/100K
907 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,541 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$249,900 home value, $1,223/mo rent
F
Safety
1.0 / 5.0
447 violent crimes/100K (18% above avg)
B+
Education
3.7 / 5.0
33.4% bachelor's degree or higher
Housing Overview
Median Home Value
$249,900
11% below
US avg: $281,900
Median Rent
$1,223/mo
5% above
US avg: $1,163/mo
Homeownership Rate
73.7%
13% above US avg (65.4%)
Total Housing Units
2,753
Median year built: 1995
Home Value by Source
Census Median
$249,900
Zillow (ZHVI)
$329,765
Median Sale Price
$374,953
Median List Price
$368,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.7%
Owner-Occupied
26.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent:
$1,223/mo
· Zillow rent:
$1,741/mo
Market Indicators (Redfin)
Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
31
Price Drops
15.5%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
84
homes for sale
Affordability & Housing Stock
Rent Burden
24.4%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
73.7%
Complete Housing Data
Home Values
| Census Median Value | $249,900 |
| Zillow Home Value (ZHVI) | $329,765 |
| Median Sale Price | $374,953 |
| Median List Price | $368,500 |
| Price Per Sq Ft | $203 |
Rent
| Census Median Rent | $1,223 |
| Zillow Rent (ZORI) | $1,741 |
| FMR Studio | $700 |
| FMR 1-Bedroom | $751 |
| FMR 2-Bedroom | $944 |
| FMR 3-Bedroom | $1,239 |
| FMR 4-Bedroom | $1,406 |
Market
| Days on Market | 71 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.5% |
| Homes Sold | 31 |
| Active Inventory | 84 |
| Price Per Sq Ft | $203 |
Ownership & Stock
| Owner-Occupied | 73.7% |
| Renter-Occupied | 26.3% |
| Homeownership Rate | 73.7% |
| Total Housing Units | 2,753 |
| Median Year Built | 1995 |
| Rent Burden | 24.4% |