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Farmington Market Report

$853,155

AVERAGE PRICE OF 91 HOMES

$510,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,686,382

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$949,039

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$1,061,917

AVERAGE PRICE OF 24 HOMES WITH A POOL

$518,450

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $853,155
Avg Bedrooms 3.79 beds
Avg Bathrooms 3.29 baths

Average Price by Bedrooms

2 bedrooms $446,664
3 bedrooms $527,652
4 bedrooms $874,093
5 bedrooms $935,584
Farmington Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 90 84 81 79 76
Average Price $830,586 $798,860 $774,460 $797,641 $788,245
Avg Price Change +3.97% +3.15% -2.99% +1.19% +10.07%
Median Price $628,796 $626,481 $646,276 $687,365 $683,034
Med Price Change +0.37% -3.16% -6.36% +0.63% +5.53%
Avg Bedrooms 3.72 beds 3.85 beds 3.85 beds 3.82 beds 3.8 beds
Avg Bathrooms 3.21 baths 3.19 baths 3.2 baths 3.18 baths 3.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Davis 3 $1,796,567 45 days
Farmington 79 $858,023 89 days
None/Other 1 $510,000 75 days
Viewmont 8 $494,200 80 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 91 $853,155 87 days
Distressed Homes 1 $510,000 45 days
Multi-Million Dollar Homes 22 $1,686,382 91 days
Newly Built Homes 30 $949,039 94 days
Homes with a Pool 24 $1,061,917 53 days
Reduced Price Homes 4 $518,450 50 days
Responders Real Estate Group | NRE, LLC
Stacy Johansen
1622 E 9350 S
Sandy, UT 84093
801-971-1782

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of October 1, 2023. 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 © 2023 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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