Housing Prices in Farnham, VA

How much do homes in Farnham, VA cost?

Median List Price

$262,500

$166/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$24,500(-8.5%)

Key Takeaway

The list price of homes in Farnham has decreased by 8.5% since last year.

Summary: The median home list price in Farnham was $262,500 in March 2024, down 8.5% from the previous year, and the median price per square foot was $166.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $157.5K$149.9K
-4.8%
3 $159.9K$159.9K
0.0%
4 $1.7M$1.7M
0.0%
5+ -$3.2M
N/A

Summary: Farnham housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Callao
+33.5%
Lancaster
+9.3%
Heathsville
+5.9%
Farnham
-8.5%

Housing Supply in Farnham, VA

How many homes are available in Farnham, VA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1012+20.0%

Summary: The Farnham real estate market had 12 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 57
+40.0%
4 33
0.0%
5+ 22
0.0%

Summary: The Farnham 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Farnham, VA

How long does it take to sell a home in Farnham, VA?

Average Listing Age

Mar 2023Mar 2024CHANGE
146 Days189 Days+29.3%

Summary: Homes in Farnham had an average listing age of 189 days in Mar 2024, up by 29.3% compared to the previous year.

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

Report Updated 24 Days Ago

Newest Listings in Farnham, VA

Nearby Markets to Farnham, VA

What housing markets are near Farnham, VA?