Farmington Market Report
$312,864
AVERAGE PRICE OF 76 HOMES$2,800,000
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$360,440
AVERAGE PRICE OF 2 NEWLY BUILT HOMES$178,211
AVERAGE PRICE OF 9 HOMES WITH A POOL$359,900
AVERAGE PRICE OF 1 REDUCED PRICE HOMES$296,948
AVERAGE PRICE OF 32 DISTRESSED HOMESAverage Home
| Average Price | $312,864 |
| Avg Bedrooms | 2.25 beds |
| Avg Bathrooms | 1.66 baths |
Average Price by Bedrooms
| 1 bedroom | $99,795 |
| 2 bedrooms | $181,490 |
| 3 bedrooms | $306,711 |
| 4 bedrooms | $322,083 |
| 5 bedrooms | $550,000 |
Farmington Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 80 | 76 | 69 | 62 | 56 |
| Average Price | $326,290 | $371,651 | $365,526 | $384,604 | $397,327 |
| Avg Price Change | -13.90% | +1.68% | -5.22% | -3.31% | +7.15% |
| Median Price | $294,409 | $309,796 | $316,842 | $319,291 | $330,695 |
| Med Price Change | -5.23% | -2.27% | -0.77% | -3.57% | +1.41% |
| Avg Bedrooms | 2.26 beds | 2.41 beds | 2.22 beds | 2.25 beds | 2.31 beds |
| Avg Bathrooms | 1.92 baths | 3.85 baths | 3.86 baths | 4.1 baths | 4.69 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Farmington High School | 1 | $300,000 | 31 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 76 | $312,864 | 65 days |
| Multi-Million Dollar Homes | 1 | $2,800,000 | 62 days |
| Newly Built Homes | 2 | $360,440 | 7 days |
| Homes with a Pool | 9 | $178,211 | 55 days |
| Reduced Price Homes | 1 | $359,900 | 19 days |
| Distressed Homes | 32 | $296,948 | 58 days |
