Farmington Real Estate Market
The median sale price for homes in Farmington over the last 12 months is $116,333.
The median mortgage debt is $89,774.
The price per square foot for listings in this area is $102.
The median sale price in January for single family homes is $148,000. The sale prices dropped by -3.89% from the previous month.
The number of active listings in Farmington increased by 18.4% from the previous month.
The median number of days active properties have been listed is 65. This is significantly shorter than the national average.
The number of sales in January dropped by 83.3% from the previous month.
The percent of rental properties in Farmington is 11.34% above the national average which is typical for urban areas.
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