Housing Prices in Farmington, UT
How much do homes in Farmington, UT cost?
Median List Price
$589,900
$268/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Farmington has decreased by 29.6% since March.
Summary: The median home list price in Farmington was $589,900 in April 2024, down 29.6% from the previous month, and the median price per square foot was $268.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $390K | $408.3K | +4.7% |
| 3 Bedrooms | $471.4K | $524.9K | +11.3% |
| 4 Bedrooms | $777.4K | $672.4K | -13.5% |
| 5+ Bedrooms | $1.2M | $899.9K | -28.0% |
Summary: Farmington housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes decreased by 28%.
Median List Price Compared To Nearby Cities
| Kaysville | $719.9K | $732.4K | +1.7% |
| Centerville | $586.7K | $574.5K | -2.1% |
| South Davis | $586.4K | $569.9K | -2.8% |
| Fruit Heights | $823.5K | $775K | -5.9% |
| Farmington | $837.4K | $589.9K | -29.6% |
Housing Supply in Farmington, UT
How many homes are available in Farmington, UT?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 67 | +109.4% |
Summary: The Farmington real estate market had 67 homes for sale in April 2024, a 109.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 10 | +100.0% |
| 3 Bedrooms | 4 | 17 | +325.0% |
| 4 Bedrooms | 8 | 14 | +75.0% |
| 5+ Bedrooms | 15 | 26 | +73.3% |
Summary: The Farmington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 325%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 73.3%.
Days on Market for Farmington, UT
How long does it take to sell a home in Farmington, UT?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 43 Days | -22.0% |
Summary: Homes in Farmington had an average listing age of 43 days in Apr 2024, down by 22% compared to the previous month.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.