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Farmington Market Report

$880,138

AVERAGE PRICE OF 98 HOMES

$1,684,352

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$902,222

AVERAGE PRICE OF 38 NEWLY BUILT HOMES

$1,008,350

AVERAGE PRICE OF 14 HOMES WITH A POOL

$800,000

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $880,138
Avg Bedrooms 3.35 beds
Avg Bathrooms 2.9 baths

Average Price by Bedrooms

1 bedroom $359,000
2 bedrooms $416,300
3 bedrooms $623,348
4 bedrooms $830,894
5 bedrooms $1,204,853
Farmington Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 95 83 86 92 84
Average Price $826,808 $827,487 $813,907 $805,913 $877,632
Avg Price Change -0.08% +1.67% +0.99% -8.90% -6.97%
Median Price $628,961 $642,565 $652,330 $650,702 $715,414
Med Price Change -2.16% -1.52% +0.25% -9.94% -5.77%
Avg Bedrooms 3.39 beds 3.54 beds 3.54 beds 3.53 beds 3.64 beds
Avg Bathrooms 2.83 baths 2.84 baths 2.84 baths 2.82 baths 3.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Farmington 70 $862,459 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 98 $880,138 102 days
Multi-Million Dollar Homes 26 $1,684,352 101 days
Newly Built Homes 38 $902,222 105 days
Homes with a Pool 14 $1,008,350 76 days
Reduced Price Homes 4 $800,000 79 days
R Squared Real Estate
Ryan Larsen
3195 S Main St Suite 265
Salt Lake City, UT 84115
801-560-7534
Richard Barrow
Nexa Mortgage
801-450-5106
rbarrow@nexamortgage.com
NMLS # 230124
Ryan Larsen

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of March 15, 2025. 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.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Conspicuous display of the following: Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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