Housing Prices in Farmington, MO

How much do homes in Farmington, MO cost?

Median List Price

$254,900

$132/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$32,900(+14.8%)

Key Takeaway

The list price of homes in Farmington has increased by 14.8% since last year.

Summary: The median home list price in Farmington was $254,900 in March 2024, up 14.8% from the previous year, and the median price per square foot was $132.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $81.7K$139.9K
+71.1%
2 $149.4K$177.4K
+18.7%
3 $220K$252.4K
+14.8%
4 $289.9K$294.9K
+1.7%
5+ $389.4K$514K
+32.0%

Summary: Farmington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.1%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 32%.

Median List Price Compared To Nearby Cities

Farmington
+14.8%
Saint Francois Township
+11.7%

Housing Supply in Farmington, MO

How many homes are available in Farmington, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9597+2.1%

Summary: The Farmington real estate market had 97 homes for sale in March 2024, a 2.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1617
+6.3%
3 4945
-8.2%
4 2428
+16.7%
5+ 56
+20.0%

Summary: The Farmington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20%.

Days on Market for Farmington, MO

How long does it take to sell a home in Farmington, MO?

Average Listing Age

Mar 2023Mar 2024CHANGE
147 Days76 Days-48.1%

Summary: Homes in Farmington had an average listing age of 76 days in Mar 2024, down by 48.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Farmington, MO

Nearby Markets to Farmington, MO

What housing markets are near Farmington, MO?