Farmington, UT Home Values & Market Trends

Real estate market trends reflect that there have been 270 transactions over the past year in Farmington. The median value for residential home transactions that occurred over the previous year is $632,321.7. The number of current listings in Farmington is 7, and the percentage of properties for sale in the city is 7.00%. Farmington, UT currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 7 properties for sale.

Farmington, UT Real Estate Market Overview

ZipMedian Est. Value
84025

$ 719,503

$ 347/sqft

Housing Market Summary for Farmington, UT

Mar 2023February 2024Change
Median Listing Price$800K$575K-28.13%
Median Sold Price$601.6K$575K-4.43%
Homes For Sale96-33.33%
Homes Sold15420231.17%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Farmington, UT

Farmington home values range from $89,260 to $4,305,312. The median estimated value of a home in Farmington is $632,321.7. The median list price of a home is 819,900, and the total count of properties in the city is 5,491.

Foreclosure
There is 1 zips within Farmington, UT; within this zips, the median estimated home value for homes in foreclosure ranges from $769,750 in 84025 to the lowest value of $769,750 in 84025. Foreclosure homes account for 0.00% of properties in Farmington, UT with 84025 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Farmington, UT with 84025 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Farmington, UT; of that zips, the estimated home value for pre-foreclosure homes ranges from $769,750 in 84025 to the lowest home value of $769,750 in 84025.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Farmington, UT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Farmington, UT. There is 1 zips within Farmington, UT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Farmington, UT. Auction homes and other auction properties account for 0% of all properties in Farmington, UT. There is 1 zips within Farmington, UT; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in Farmington, UT with 84025 containing 7 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Farmington, UT; homes for sale in that zips, have a range of median values from $975,587 in 84025 to the lowest value of $375,000 in 84025.
    Sold Homes
    The median value for recently sold homes ranges from $3,978,578 in 84025 to the lowest price of $127,542 in 84025. There is 1 zips within Farmington, UT. 84025 has 186 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.39% of properties in Farmington, UT.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Farmington, UT
      $
      $

      Guide for Farmington, UT

      gavel for real estate auction
      Home Buying Guides & Tips
      Utah Foreclosure Laws
      Investing Strategies
      How To Decide Which Real Estate Market To Invest In
      Wholesale
      4 Tips on How To Buy a House Wholesale
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      See More Articles
      gavel for real estate auction
      Utah Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Utah Foreclosure Laws

      How To Decide Which Real Estate Market To Invest In
      Investing Strategies|posted 8 March 2024

      We list the key factors and strategies to consider when deciding which real estate market to invest in.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.

      Recently Listed Homes Farmington, UT

      No data to show