42040
Farmington, Kentucky.
Farmington, Graves County, KY · Mayfield, KY metro · population 692
to buy the typical home at today's mortgage rate — +$645 (+144%) since Jan 2020.
- 1 year
- Down $4,168 -2%
- $212,074$207,906 since Sep 2025
- 5 years
- Up $41,292 +25%
- $166,614$207,906 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 42040$1,091
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in zip 42040 fell 2.0% over the past year — slower than the nation's +1.2%.
This zip spans 2 counties: Graves County, KY 80% · Calloway County, KY 20%
Zillow also publishes an index for the city itself: Farmington, KY — measured over the city limits, which is a different area from this zip.
Typical home value — 42040
Mid-tier homes, smoothed and seasonally adjusted.
- 42040$207,906
- Mayfield$175,744
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.0 | 42079 | Sedalia | 1,315 | — | $191,349 |
| 7.6 | 42054 | Kirksey | 837 | — | $217,498 |
| 10.7 | 42066 | Mayfield | 23,917 | — | $168,350 |
| 12.2 | 42071 | Murray | 30,981 | $1,116 | $192,698 |
| 12.6 | 42020 | Almo | 2,476 | — | $206,637 |
| 12.6 | 42049 | Hazel | 1,311 | — | $160,250 |
| 13.5 | 38226 | Dukedom | 226 | — | $204,692 |
| 13.9 | 42088 | Wingo | 2,497 | — | $163,096 |
| 14.4 | 38241 | Palmersville | 835 | — | $195,138 |
| 14.9 | 38251 | Puryear | 3,259 | — | $216,300 |
| 16.1 | 38224 | Cottage Grove | 1,042 | — | $265,881 |
| 16.6 | 42036 | Dexter | 1,194 | — | $161,163 |
| 16.9 | 42085 | Water Valley | 914 | — | $110,308 |
| 17.8 | 42048 | Hardin | 2,083 | — | $148,662 |
| 17.8 | 42051 | Hickory | 2,114 | — | $201,117 |
| 18.6 | 42025 | Benton | 19,941 | — | $205,973 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.