Farmington Real Estate Market
The median sale price for homes in Farmington over the last 12 months is $100,000.
The median mortgage debt is $49,595.
The price per square foot for listings in this area is $105.
The median sale price in December for single family homes is $115,000. The sale prices increased by 38.13% from the previous month.
The number of active listings in Farmington increased by 13.6% from the previous month.
The median number of days active properties have been listed is 184. This is much longer than the national average.
The number of sales in December dropped by 80% from the previous month.
The percent of owner occupied properties in Farmington is 17.37% below the national average.
The percent of rental properties in Farmington is 26.58% above the national average which is typical for urban areas.
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