Farmington Market Report
$468,815
AVERAGE PRICE OF 148 HOMES$239,900
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,750,000
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$509,173
AVERAGE PRICE OF 88 NEWLY BUILT HOMES$486,873
AVERAGE PRICE OF 30 HOMES WITH A POOL$441,537
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $468,815 |
| Avg Bedrooms | 3.29 beds |
| Avg Bathrooms | 2.71 baths |
Average Price by Bedrooms
| 2 bedrooms | $366,565 |
| 3 bedrooms | $439,271 |
| 4 bedrooms | $524,719 |
| 5 bedrooms | $542,504 |
Farmington Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 167 | 180 | 173 | 175 | 170 |
| Average Price | $461,776 | $452,094 | $450,435 | $461,023 | $460,567 |
| Avg Price Change | +2.14% | +0.37% | -2.35% | +0.10% | -0.57% |
| Median Price | $459,473 | $443,243 | $440,332 | $452,731 | $449,739 |
| Med Price Change | +3.66% | +0.66% | -2.82% | +0.67% | -0.76% |
| Avg Bedrooms | 3.26 beds | 3.2 beds | 3.14 beds | 3.15 beds | 3.2 beds |
| Avg Bathrooms | 2.64 baths | 2.6 baths | 2.61 baths | 2.64 baths | 2.62 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 148 | $468,815 | 77 days |
| Distressed Homes | 1 | $239,900 | 37 days |
| Multi-Million Dollar Homes | 1 | $1,750,000 | 595 days |
| Newly Built Homes | 88 | $509,173 | 85 days |
| Homes with a Pool | 30 | $486,873 | 96 days |
| Reduced Price Homes | 10 | $441,537 | 38 days |
