Real Estate Investing in Farmington, West Virginia
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Should you buy in Farmington, WV? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.2% of homes vacant — above national norms.
What’s happening in Farmington, WV?
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Market Trends — Farmington, WV
Home Value History
Investing in Farmington Real Estate
Farmington (West Virginia) spans 1 ZIPs and roughly a sizable population. firmly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.
A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Farmington is in that category.
firmly Farmington's sale market has not rewarded patience. better suited elsewhere for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.
The 0% renter share in Farmington masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.
Best ZIP codes in Fairmont, WV
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ZIP Codes in Farmington, WV
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View PlansFrequently Asked Questions About Farmington, WV
What is the typical rental rate in Farmington, WV?
Expect rents around $873/mo per month in Farmington, WV. With home values at $108K, the yield math works out to reasonable levels for rental investors.
Can owner-occupants cash flow in Farmington, WV?
House hacking in Farmington, WV is a challenging. With home values around $108K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
Do rentals sit vacant long in Farmington, WV?
Occupancy in Farmington, WV runs steady with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
Are homes affordable in Farmington, WV?
Expect median prices around $108K in Farmington, WV. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
How strong is Farmington, WV for real estate investors?
Investors tracking Farmington, WV will find a 3.0/5 rating supported by $108K median home values and $873/mo rents. That profile suits long-term holders targeting reliable returns.
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