Housing Prices in Farmington, MO

How much do homes in Farmington, MO cost?

Median List Price

$258,000

$134/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$32,687(+14.5%)

Key Takeaway

The list price of homes in Farmington has increased by 14.5% since last year.

Summary: The median home list price in Farmington was $258,000 in May 2024, up 14.5% from the previous year, and the median price per square foot was $134.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $81.7K$139.9K
+71.2%
2 $139.9K$172.4K
+23.3%
3 $220K$258K
+17.3%
4 $287.4K$319.9K
+11.3%
5+ $469.9K$514K
+9.4%

Summary: Farmington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.2%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 9.4%.

Median List Price Compared To Nearby Cities

Farmington
+14.5%
Saint Francois Township
+9.3%

Housing Supply in Farmington, MO

How many homes are available in Farmington, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
99114+15.2%

Summary: The Farmington real estate market had 114 homes for sale in May 2024, a 15.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1626
+62.5%
3 4748
+2.1%
4 3134
+9.7%
5+ 45
+25.0%

Summary: The Farmington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 25%.

Days on Market for Farmington, MO

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

Average Listing Age

May 2023May 2024CHANGE
130 Days64 Days-50.5%

Summary: Homes in Farmington had an average listing age of 64 days in May 2024, down by 50.5% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in Farmington, MO

Nearby Markets to Farmington, MO

What housing markets are near Farmington, MO?