Farmington, UT

Balanced market-19.7% YoY

Housing market overview · Updated weekly

$562,450median sale price

Homes sold

10

Last 12 weeks

Days on market

77

Average pace

Active listings

47

4.7 months supply

Sale-to-list

100.3%

Above asking

The Farmington housing market is currently classified as a balanced market with a median sale price of $562,450. Prices have fallen 19.7% compared to last year, with homes spending an average of 77 days on market, indicating 4.7 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 47 homes listed for sale in Farmington, Utah. The median listing price is $700K.

Active listings

47

Homes on market

Median list price

$700K

Avg. days on market

77

Days until sale

New this week

17

Newly listed

Price drops:34.0%of listings
Sale-to-list:100.3%

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Frequently asked questions

What is the average home price in Farmington?

The median home sale price in Farmington is $562,450, down 19.7% from last year.

How long do homes stay on market in Farmington?

Homes typically spend 77 days on market before going under contract.

Is Farmington a buyer's or seller's market?

With 4.7 months of supply, Farmington is currently a balanced market.

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