Groundwork

Real estate · Small-town market · Missouri

Real estate businesses in the Farmington, MO area

The real estate businesses in the Farmington, MO area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 36 out of 100: Lower middle

Ranked #444 of 536 scored small-town markets
#8 of 17 scored small-town markets based in Missouri

Listings
62
3 chain locations (5%)
Official establishments
23
0.0% since 2019
Household spending a year
$312.7M
On rent and homeowner costs · $12,602 a household
Housing spending per listing (U.S. = 100)
116
16% above the U.S.
Listings per 10k households
25.0
35% below the U.S.
Population, 2025
67,809
+2.1% since 2020

See the real estate businesses around any address in the Farmington area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Farmington area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Groundwork market score for real estate businesses in the Farmington area is 36 (lower middle), #444 of 536 scored small-town markets and #8 of 17 scored small-town markets based in Missouri. That puts it in the bottom quarter of small-town markets.

Household spending on rent and homeowner costs in the Farmington area comes to about $312.7M a year: $12,602 per household, 24% below the U.S. average. Housing spending per office is 16% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in.

There are 62 real estate businesses on map listings in the Farmington area as of September 2026. 3 of them (5%) are chain locations, against 6% across the U.S. Per 10,000 households, that is 25.0, 35% below the U.S. rate of 38.5.

In 2023, official counts showed 23 businesses with payroll in the Farmington area classed as real estate agents, property managers, mortgage lenders and inspectors, unchanged from 2019. That is one for every 1,079 households, against one for every 414 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $214K has gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Farmington area. Population estimates put the population change in the Farmington area from 2020 to 2025 at +2.1%, slower than the U.S. (+3.1%).

How the Farmington area compares

The same measures for Missouri and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Farmington, MO area compared with Missouri and the U.S.
MeasureFarmington areaMissouriU.S.
Listings per 10k households25.032.938.5
Housing spending per listing (U.S. = 100)11697100
Households per official establishment1,079540414
Official establishment growth, 2019–20230.0%+15.3%+15.8%
Population growth, 2020–2025+2.1%+1.9%+3.1%
Spending per household on rent and homeowner costs$12,602$13,809$16,661
Median household income$57,477$70,702$80,734
Groundwork market score3637

Official counts and lending

Businesses

Official establishments, 2019 to 2023
230.0% over the period
Employees, 2023
57
Annual payroll, 2023
$3.6M
One-person businesses, 2023
178Businesses with no payroll
Map listings, September 2026
623 chain locations
Listings at the U.S. rate for this spending
72The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$214K

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Farmington area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Farmington area

Population, 2025 estimate
67,809+2.1% since 2020
Households
24,816
Median age
39.3
Homes lived in by their owners
68%
Vehicles per household
1.9
Land area
452 sq. mi.
People per square mile
148
Median household income
$57,477+23.7% vs. 2015–2019, before inflation
Average household income
$75,389
Median home value
$169,300
Jobs located here
22,334
Daytime population
62,711Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Farmington area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Farmington area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across Missouri

Every Missouri market ranked →

The highest-scoring small-town markets in Missouri for real estate businesses, numbered among those based in Missouri (a market based in another state is listed without a number), with the Farmington area marked.

Top small-town markets in Missouri

Small-town markets in Missouri ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Kennett, MO501614.2193−4.8%#263 of 536
2Sikeston, MO493417.2170−0.3%#277 of 536
3Kirksville, MO462019.2154+1.9%#307 of 536
4Moberly, MO441718.4156+0.2%#328 of 536
5Hannibal, MO413220.9141+0.4%#376 of 536
6Warrensburg, MO415224.7124+4.9%#379 of 536
7Rolla, MO373922.5131+1.6%#427 of 536
8Farmington, MO366225.0116+2.1%#444 of 536
Quincy, IL-MO347724.8123−2.0%#464 of 536
9Lebanon, MO345135.080+2.5%#466 of 536

Other business types in the Farmington area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Farmington, MO area?

As of September 2026, map listings count 62 real estate businesses in the Farmington area. 3 of them (5%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 23 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, unchanged from 2019. Another 178 one-person businesses have no payroll, by official counts.

How much do households in the Farmington, MO area spend on rent and homeowner costs?

About $312.7M a year, or $12,602 per household. That is 24% below the U.S. average (an index of 76, where 100 is the U.S. average). For the 62 real estate businesses on map listings, housing spending per office is 16% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in. It is estimated from the incomes of the 24,816 households in the Farmington area and national spending patterns by income.

How does the Farmington, MO area compare with the U.S. for real estate businesses?

The Farmington area has 25.0 real estate businesses per 10,000 households, 35% below the U.S. rate of 38.5. The index of housing spending per office is 116, where 100 is the U.S. At the U.S. ratio of real estate businesses to household spending, the Farmington area would have about 72, against 62 on map listings. There is one business with payroll in the industry for every 1,079 households, against one for every 414 across the U.S. The official count held level from 2019 to 2023, against +15.8% for the U.S.

How fast is the Farmington, MO area growing?

Population estimates put the Farmington area at 67,809 people in 2025, up 2.1% since 2020, slower than the U.S. (+3.1%). It has 24,816 households. Median household income in the Farmington area is $57,477, 29% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 23.7%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Farmington area scores 36 for real estate businesses (lower middle), #444 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Farmington area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Farmington area

Screening a site or an acquisition in the Farmington area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Farmington area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.