Farmington Market Report
$465,877
AVERAGE PRICE OF 136 HOMES$164,900
AVERAGE PRICE OF 1 DISTRESSED HOMES$2,250,000
AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES$470,264
AVERAGE PRICE OF 87 NEWLY BUILT HOMES$484,365
AVERAGE PRICE OF 29 HOMES WITH A POOL$415,830
AVERAGE PRICE OF 11 REDUCED PRICE HOMESAverage Home
| Average Price | $465,877 |
| Avg Bedrooms | 3.12 beds |
| Avg Bathrooms | 2.54 baths |
Average Price by Bedrooms
| 2 bedrooms | $383,029 |
| 3 bedrooms | $434,454 |
| 4 bedrooms | $485,374 |
| 5 bedrooms | $520,614 |
Farmington Home Price Trends
| 11/2023 | 10/2023 | 9/2023 | 8/2023 | 7/2023 | |
|---|---|---|---|---|---|
| Total Listings | 146 | 143 | 139 | 132 | 136 |
| Average Price | $481,823 | $481,652 | $486,415 | $501,008 | $501,848 |
| Avg Price Change | +0.04% | -0.99% | -3.00% | -0.17% | +0.55% |
| Median Price | $446,048 | $443,239 | $444,396 | $446,294 | $445,610 |
| Med Price Change | +0.63% | -0.26% | -0.43% | +0.15% | +1.11% |
| Avg Bedrooms | 3.08 beds | 3.1 beds | 3.12 beds | 3.14 beds | 3.26 beds |
| Avg Bathrooms | 2.5 baths | 2.55 baths | 2.54 baths | 2.57 baths | 2.63 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 136 | $465,877 | 82 days |
| Distressed Homes | 1 | $164,900 | 78 days |
| Multi-Million Dollar Homes | 2 | $2,250,000 | 261 days |
| Newly Built Homes | 87 | $470,264 | 93 days |
| Homes with a Pool | 29 | $484,365 | 96 days |
| Reduced Price Homes | 11 | $415,830 | 41 days |
