Compared against the same period one year earlier.
Median Sale Price · Last 12 Months
Price Distribution
Price Trends
The median sale price in Farmington reached $364,500, up 0.9% from the prior period, while the average sale price stood at $396,572.91. Price per square foot came in at $203, a slight 1% pullback, and homes are typically selling right at asking, with a median sale-to-list ratio of 100%. Taken together, pricing has been largely stable rather than sharply directional.
Pace of Sales
Homes sold in an average of 52.81 days, five percent faster than the previous period, though the median time on market of 27 days suggests many properties are moving considerably quicker than that average implies. Monthly figures back this up: average days on market fell from the 60s in early 2026 to the 30s and 40s by mid-year. A 91% sell-through rate and 33.91% absorption rate point to solid, consistent buyer activity throughout the period.
Inventory & Supply
Active listings totaled 116, down 18.9% from the prior period, while new listings also eased 7.3% to 345. Completed sales, however, rose 7.5% to 314. With months of supply at 2.9 — a 25.6% drop from before — conditions are classified as a seller's market, meaning available inventory is being absorbed faster than it is being replenished.
Price Range & Property Type
Activity concentrated in the $300,000–$400,000 range, which accounted for 174 of the period's sales, followed by 67 sales between $400,000 and $500,000. Supply remains especially tight under $300,000, at roughly one month, while the $500,000–$600,000 segment carries more breathing room at eight months of supply. Detached houses dominated the market with 310 sales and a median price of $365,000, leaving other property types a minor share of overall activity.
New Construction
New construction made up 50.7% of new listings in Farmington, and the median year built across all listings was 2025, underscoring how much of the current inventory and sales activity is tied to recently built homes.
Compared against the same period one year earlier.
Median Sale Price · Last 12 Months
Farmington
Farmington recorded 314 sales against 116 active listings, translating to 2.9 months of supply — a level consistent with a seller's market. The median sale price was $364,500, with homes taking an average of 52.81 days to sell.