Half a million gets you the middle of Farnham. A flat costs about a third of a million. A detached house costs over a million. Prices have hardly moved in a year. The town isn't getting dearer any more. It just isn't getting cheaper either.
The Land Registry recorded 251 sales in the year to early May 2026, at a median of £500,000. Split by type, that median covers four different markets. Flats changed hands for a median of about £328,000 across 75 sales. Terraces fetched around £443,000 from 44 sales, and semi-detached houses about £565,000 from 51. The 81 detached sales cleared a median of £1,020,000. The detached houses outnumbered every other type sold, so the headline figure is being pulled up by people buying the big ones. A buyer on a terrace budget needs to know that before a brochure tells them "Farnham from £500,000".
The official house price index for the area puts the average at about £567,000 as of May 2026, up 2.1% on a year earlier. Flats on the same index rose 0.1%, which is a rounding error dressed up as growth. Nothing here is running away from buyers. Nothing is falling into their laps either. The market is sitting still with its arms folded.
Council tax follows the house prices. The most common band is D, and only 8% of homes fall into the two cheapest bands, A and B. A band D bill in Farnham runs to about £2,600 a year, so check the band before you fall for the kitchen. Plenty of homes here sit above D, and the bill rises with them.
Renting takes the sting out of the deposit and moves it to the monthly outgoings. Across the Waverley area, the typical private rent was about £1,440 a month as of April 2026. That is a borough-wide average from the Office for National Statistics rental index, not a Farnham street price, and it was down about 3% on the year. By size, one-bed homes averaged around £1,040, two-beds about £1,340, three-beds about £1,610, and homes with four or more bedrooms about £2,340. There is no reliable figure for studios or rooms, so treat any listing that promises one as a claim to check, not a benchmark.
Local incomes are high, which is how the prices hold. The Office for National Statistics models median gross household income, before tax, at around £74,500 for the financial year to March 2023. That is a comfortable income almost anywhere, and it still leaves a detached house here out of reach without a large deposit, a previous house to sell or a relative who has been generous. The figure is a few years old, so treat it as the backdrop rather than a live number.
For the sales that can be matched to an energy certificate's floor area, which was 67% of them, the median price was about £6,100 per square metre. The typical home behind that figure has around 97 square metres of floor space: a sensible family house, not a mansion. Price per square metre is the fairest way to compare a cramped listed cottage with a roomy detached house on the edge of town. It is also how buyers find out how much they are paying for the address.
The Census 2021 bedroom split leans large. About 11% of homes have one bedroom, 26% have two, 30% have three and 34% have four or more. Big houses are the most common size here, which fits a town built for families that stay put. The two-bed starter home is not the usual stock. It is what you find when a family has moved out of it.
Farnham houses are neither a bargain nor out of control. It is a middling deal on price: fair value for what the town gives you, as long as you arrive with the money already in the bank.