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Featured local agent — Farmington, KY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Farmington, KY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Farmington, KY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Farmington, KY Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$156,000median sale price

How is the Farmington, KY housing market right now?

The median home sale price in Farmington, KY is $156,000. Homes sell in an average of 269 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of July 2025 — 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?

Leaning buyer's269 avg. days on market

Farmington, KY is currently a leaning buyer's and homes selling in about 269 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

269

Average pace

Active listings

Sale-to-list

97.6%

Below asking

What does the Farmington housing market data show?

Current housing market statistics for Farmington, KY
MetricValue
Median sale price$156,000
Average days on market269 days
Sale-to-list price ratio97.6%
Median price per sq ft$100/sq ft
Homes sold (latest month)1
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Farmington by property type?

How the Farmington, KY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Farmington, KY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$156,000$100/sq ft1269 days

Source: Redfin · Updated monthly

The Farmington housing market is currently classified as a leaning buyer's with a median sale price of $156,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 269 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 5.0x provides context for how home values compare to local earning capacity.

Homes for sale in Farmington

Explore homes currently listed for sale in Farmington, Kentucky across major real estate platforms.

Sale-to-list:97.6%

Who lives in Farmington?

Population

205

Median income

$32,159/yr

Median age

60.1 years

Owner-occupied

75.9%

College grads

3.8%

Avg commute

18 min

Source: U.S. Census Bureau ACS

What are homes worth in Farmington?

Zillow home value

$161,940

Price-to-income

5.0x

Source: Zillow Research

What is it like to live in Farmington?

Farmington is a community of approximately 0K residents with a median age of 60.1 years.The median household income is $32,159, which represents a working-class community with solid middle-income opportunities. 3.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 75.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 18 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Farmington offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Farmington, KY?

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 $156,000, down 0.0% from last year.

How long do homes stay on market in Farmington?

Homes typically spend 269 days on market before going under contract.

What is the median income in Farmington?

The median household income is $32,159 per year.

What is the Zillow home value estimate for Farmington?

The Zillow Home Value Index (ZHVI) for Farmington is $161,940, 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, KY is $156,000 (about $100 per square foot).

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