Farmington, CT housing market
Typical home value
$494K
▲ 6.7% 1 yr
Typical rent
$2,447/mo
▲ 2.5% 1 yr
Gross rent yield
5.9%
U.S. 6.3%
5-year home value change
+48%
U.S. +20%
Key takeaways
- 1The typical home in Farmington is worth $493,692, up 6.7% over the past year and up 48% over five years.
- 2Typical rent is $2,447 a month (+2.5% YoY), a gross rent yield of 5.9% (below the Hartford, CT metro's 6.0%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,713/mo, $266 more than typical rent.
- 4Zillow forecasts the Hartford, CT metro's home values to change +3.3% over the next 12 months.
Market temperature (Hartford, CT metro)
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 66/100, #7 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Farmington compares
| Measure | Farmington | Hartford, CT metro | United States |
|---|---|---|---|
| Typical home value | $493,692 | $398,703 | $366,157 |
| Home value, 1-yr change | +6.7% | +5.1% | +1.2% |
| Typical rent | $2,447 | $1,998 | $1,932 |
| Rent, 1-yr change | +2.5% | +3.5% | +2.7% |
| Gross rent yield | 5.9% | 6.0% | 6.3% |
| Price-to-rent ratio | 16.8 | 16.6 | 15.8 |
| Mortgage P&I, typical home | $2,713 | $2,191 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Farmington rental, pre-filled.
Rent vs buy in Farmington
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $494K home.
Other cities in the Hartford, CT metro
Hartford, CT
$202K home$1,555 rent
▲ 1.2% 1 yr
New Britain, CT
$307K home$1,661 rent
▲ 7.9% 1 yr
West Hartford, CT
$501K home$2,361 rent
▲ 5.6% 1 yr
Bristol, CT
$347K home$1,650 rent
▲ 5.6% 1 yr
Manchester, CT
$332K home$2,065 rent
▲ 4.8% 1 yr
East Hartford, CT
$308K home$1,648 rent
▲ 5.0% 1 yr
Middletown, CT
$366K home$1,962 rent
▲ 4.7% 1 yr
Enfield, CT
$336K home$1,806 rent
▲ 5.2% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.