Farmington, DE Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Farmington, DE is $388,000, up 269.5% year-over-year. Homes sell in an average of 368 days with 1 active listings. The market is currently a seller's market.
$388,000median sale price
Is Farmington a buyer's or seller's market?
Farmington, DE is currently a seller's market, based on 1.0 months of supply and homes selling in about 368 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
368
Average pace
Active listings
1
1.0 months supply
Sale-to-list
100.8%
Above asking
Farmington, DE market data
| Metric | Value |
|---|---|
| Median sale price | $388,000 |
| Median list price | $369,900 |
| Year-over-year price change | +269.5% |
| Average days on market | 368 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.8% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Farmington housing market is currently classified as a seller's market with a median sale price of $388,000. Prices have risen 269.5% compared to last year, with homes spending an average of 368 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Farmington
There are currently 1 homes listed for sale in Farmington, Delaware. The median listing price is $370K.
Active listings
1
Homes on market
Median list price
$370K
Avg. days on market
368
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Farmington?
The median home sale price in Farmington is $388,000, up 269.5% from last year.
How long do homes stay on market in Farmington?
Homes typically spend 368 days on market before going under contract.
Is Farmington a buyer's or seller's market?
With 1.0 months of supply, Farmington is currently a seller's market.
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