48331 Real Estate Market
The median sale price for homes in 48331 over the last 12 months is $200,024.
The median mortgage debt is $225,846.
The price per square foot for listings in this area is $111.
The median sale price in December for single family homes is $235,834. The sale prices increased by 57.97% from the previous month.
The number of active listings in Farmington dropped by 10% from the previous month.
The median number of days active properties have been listed is 41. This is significantly shorter than the national average.
The number of sales in December dropped by 73.3% from the previous month.
The percent of owner occupied properties in Farmington is 15.6% above the national average.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.