Housing Prices in Farmington, UT
How much do homes in Farmington, UT cost?
Median List Price
$612,500
$263/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Summary: The median home list price in Farmington was $612,500 in May 2024, up 0.8% from the previous month, and the median price per square foot was $263.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $417.5K | $406.6K | -2.6% |
3 Bedrooms | $529.9K | $519.9K | -1.9% |
4 Bedrooms | $672.4K | $659.9K | -1.9% |
5+ Bedrooms | $1.0M | $1.0M | +7.8% |
Summary: Farmington housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 7.8%.
Median List Price Compared To Nearby Cities
Kaysville | $745K | $775K | +4.0% |
Farmington | $607.5K | $612.5K | +0.8% |
Fruit Heights | $765K | $765K | 0.0% |
South Davis | $577.4K | $569.9K | -1.3% |
Centerville | $655K | $575K | -12.2% |
Housing Supply in Farmington, UT
How many homes are available in Farmington, UT?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 78 | +69.6% |
Summary: The Farmington real estate market had 78 homes for sale in May 2024, a 69.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 13 | 21 | +61.5% |
4 Bedrooms | 8 | 15 | +87.5% |
5+ Bedrooms | 17 | 30 | +76.5% |
Summary: The Farmington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 61.5%, 4 bedroom homes increased by 87.5%, and 5+ bedroom homes increased by 76.5%.
Days on Market for Farmington, UT
How long does it take to sell a home in Farmington, UT?
Average Listing Age
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 Days | 51 Days | +10.7% |
Summary: Homes in Farmington had an average listing age of 51 days in May 2024, up by 10.7% compared to the previous month.