Farmington, IL
Housing market overview · Updated weekly
$47,000median sale price
Homes sold
2
Last 12 weeks
Days on market
30
Average pace
Active listings
3
1.5 months supply
Sale-to-list
78.4%
Below asking
The Farmington housing market is currently classified as a seller's market with a median sale price of $47,000. Prices have fallen 61.5% compared to last year, with homes spending an average of 30 days on market, indicating 1.5 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 3 homes listed for sale in Farmington, Illinois.
Active listings
3
Homes on market
Avg. days on market
30
Days until sale
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Frequently asked questions
What is the average home price in Farmington?
The median home sale price in Farmington is $47,000, down 61.5% from last year.
How long do homes stay on market in Farmington?
Homes typically spend 30 days on market before going under contract.
Is Farmington a buyer's or seller's market?
With 1.5 months of supply, Farmington is currently a seller's market.
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