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Farmington Mortgage Quotes And Real Estate


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Farmington Mortgage and Real Estate Facts

Overview

Farmington has 2,813 housing units, combining houses, condominiums, and apartments. About 59% of housing units in the town are owner-occupied.

Farmington Mortgage

About 68% of owner-occupied housing units in Farmington have a mortgage of one type or another. Approximately 15% of housing units in the town carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Farmington area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Farmington Mortgage Statistics

CategoryValue
Homes With No Mortgage32%
With A Mortgage68%
First Mortgage Only53%
Second Mortgage or Home Equity Loan15%
Second Mortgage Only6%
Home Equity Loan Only9%

Farmington Housing Expenses

CategoryValue
Owner Costs as % of Income20.2%
Median Real Estate Taxes (2000)$1,221

Farmington Household Size

CategoryValue
Total Occupied2,813
1-Person Households32%
2-Person Households37%
3-Person Households14%
4-Person Households10%
5-Person Households4%
6-Person Households2%
7+-Person Households0%

Farmington Housing Stock

CategoryValue
Median Year Built1968
Median Year Built (Owner Occupied)1970
Median Year Built (Renter Occupied)1963

Farmington Home Heating

CategoryValue
Using Utility Co. Gas Heat0%
Using Bottled/Tank Gas Heat2%
Using Electric Heat1%
Using Oil Heat88%
Using Coal0%
Using Wood Heating8%
Using Solar Heat0%
Other Heating0%
No Heating0%

Farmington Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms33%
3 Bedrooms41%
4 Bedrooms19%
5+ Bedrooms6%

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