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Featured local agent — Farmington, CA
Sarah Mitchell
Compass Real Estate · Farmington, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Farmington, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$375,000median sale price
How is the Farmington, CA housing market right now?
The median home sale price in Farmington, CA is $375,000. Homes sell in an average of 5 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of July 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Farmington a buyer's or seller's market?
Farmington, CA is currently a balanced market and homes selling in about 5 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
5
Fast-moving
Active listings
—
Sale-to-list
98.7%
Below asking
What does the Farmington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $375,000 |
| Average days on market | 5 days |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $247/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Farmington by property type?
How the Farmington, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $375,000 | $247/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Farmington housing market is currently classified as a balanced market with a median sale price of $375,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 5 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 27.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Farmington
Explore homes currently listed for sale in Farmington, California across major real estate platforms.
Who lives in Farmington?
Population
94
Median income
$29,500/yr
Median age
41.6 years
Owner-occupied
37.5%
Source: U.S. Census Bureau ACS
What are homes worth in Farmington?
Zillow home value
$797,614
Price-to-income
27.0x
Source: Zillow Research
What is it like to live in Farmington?
Farmington is a community of approximately 0K residents with a median age of 41.6 years.The median household income is $29,500, which represents a working-class community with solid middle-income opportunities.0
Homeownership rates are at 37.5%, showing a blend of owner and renter-occupied properties.Overall, Farmington offers a distinctive character that appeals to different lifestyle preferences.
Which public schools serve Farmington?
1 schools tracked · 118 students
The largest public schools serving Farmington, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Farmington Elementary
Grades K-5 · 118 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Farmington, CA?
Want a head-to-head view? Compare Farmington side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Farmington?
The median home sale price in Farmington is $375,000, down 0.0% from last year.
How long do homes stay on market in Farmington?
Homes typically spend 5 days on market before going under contract.
What is the median income in Farmington?
The median household income is $29,500 per year.
What is the Zillow home value estimate for Farmington?
The Zillow Home Value Index (ZHVI) for Farmington is $797,614, representing the typical home value in the area.
How much does a single-family home cost in Farmington?
The median single-family home price in Farmington, CA is $375,000 (about $247 per square foot).
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