Name: Farmington Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Farmington, Utah in 2026?

Accepted Answer

As of July 2026, the median home price in Farmington, Utah is $674,900, which is 28.6% above the Utah state median of $525,000. Home prices in Farmington range from $359,000 to $3,699,000, with an average sale price of $875,920. These figures are based on recent closed transactions in the Farmington real estate market.

Question 2

Is Farmington, Utah a buyer's or seller's market?

Accepted Answer

Farmington, Utah is currently a balanced market. Key indicators include an average sale-to-list price ratio of 98.9% and homes spending an average of 54 days on the market. Farmington’s median home price is roughly 29% higher than the Utah average, yet homes sell about 12% faster, reflecting a pricier but still active market.

Question 3

How long do homes stay on the market in Farmington?

Accepted Answer

Homes in Farmington, Utah spend an average of 54 days on the market before going under contract compared to the Utah state average of 61 days (12.3% below average). This is a moderate pace, giving buyers some time to make decisions. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Farmington, Utah?

Accepted Answer

As of July 2026, there are 68 active homes for sale in Farmington, Utah with 134 new listings added recently. In the most recent reporting period, 64 transactions closed in Farmington. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Farmington, Utah?

Accepted Answer

Yes — Farmington currently has 134 new listings recently added to the market, with prices starting from $359,000. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Farmington is $674,900.

Question 6

How does Farmington compare to the Utah state average?

Accepted Answer

Farmington home prices are 28.6% above the Utah state median of $525,000, with a local median of $674,900. Homes sell faster than the state average — 54 days in Farmington vs 61 days statewide (12.3% below average). The sale-to-list ratio is 98.9% locally vs 99.0% statewide.

Question 7

Are homes in Farmington more expensive than the Utah average?

Accepted Answer

Yes, homes in Farmington are more expensive than the Utah state average. The median home price in Farmington is $674,900, compared to the statewide median of $525,000 — a difference of $149,900 (+28.6%). The premium reflects demand for the area's amenities, schools, and location.

Question 8

Do homes sell faster in Farmington than the rest of Utah?

Accepted Answer

Yes, homes in Farmington sell faster than the Utah average. The average days on market in Farmington is 54 days, compared to 61 days statewide (12.3% below average). This faster pace signals strong buyer demand in the area. The overall market temperature is considered balanced.

Question 9

How have home prices changed in Farmington over the past year?

Accepted Answer

Home prices in Farmington, Utah have decreased by 3.4% over the past year. The median sale price went from $620,038 to $599,000. This slight correction may create buying opportunities for prospective homeowners. Check the Farmington market trends section above for detailed charts.

Question 10

Is the Farmington housing market heating up or cooling down?

Accepted Answer

The Farmington housing market is currently showing mixed signals, with prices down 3.4% year-over-year and days on market decreasing by 47.5%. The market temperature is rated "balanced" based on current conditions. Farmington’s median home price is roughly 29% higher than the Utah average, yet homes sell about 12% faster, reflecting a pricier but still active market. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Farmington home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Farmington, Utah was $620,038. Today, the median is $599,000, representing a change of -3.4% ($21,038 decrease). During that same period, the average days on market went from 101 to 53 days.

Question 12

What is the current market outlook for Farmington, Utah?

Accepted Answer

Farmington’s housing market remains one of the most expensive in Utah, with a median price of $674,900—about 28.6% above the state median. Despite this premium, homes are moving faster than the broader market, spending an average of 54 days on the market versus the state’s 61 days, and closing at 98.9% of list price. The recent 11.2% month‑over‑month price decline suggests a modest cooling pressure, likely driven by rising mortgage rates that have climbed from 6.1% to 6.49% over the past six months. Unemployment rates are stable (Utah 3.6%, US ~4.2%), and consumer sentiment is flat, so the broader economic backdrop is neutral, supporting a balanced market temperature.

Looking ahead, the city’s new $10 million multi‑residential development and a planned sewer capacity expansion signal continued growth potential, while statewide initiatives to accelerate homebuilding may increase future supply. For buyers, the combination of a high‑priced but still relatively quick market, coupled with stabilizing mortgage rates and steady employment, creates an environment where negotiating leverage is improving, but competition for the limited inventory—especially single‑family homes—remains strong. The market temperature is rated "balanced." Farmington’s median home price is roughly 29% higher than the Utah average, yet homes sell about 12% faster, reflecting a pricier but still active market.

Question 13

What are the key highlights of the Farmington housing market?

Accepted Answer

Key highlights of the Farmington, Utah housing market include: Median closed price is $674,900, up 28.6% over the state median of $525,000.. Prices fell 11.2% month‑over‑month, the first notable dip in the last three months.. Days on market average 54 days, 12.2% quicker than the state average of 61 days.. Sale‑to‑list ratio remains strong at 98.9%, indicating buyers are still willing to meet asking prices.. A $10 million multi‑residential project is moving forward, adding future inventory to the market.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Farmington, Utah?

Accepted Answer

Homes in Farmington, Utah range from $359,000 to $3,699,000, with a median price of $674,900. The standard deviation is $773,586, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What are the best schools in Farmington, Utah?

Accepted Answer

Farmington has 10 schools. The top-rated schools based on state performance scores include: Farmington School (55.5% score), 444 students; Davis Connect K-6 (49.6% score), 104 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Farmington schools and nearby homes for sale on Propaired.

Question 16

How do Farmington schools compare to the state average?

Accepted Answer

Of the 10 schools in Farmington, 0 (0%) are rated as high-performing and 1 have strong academics indicators. Families should research individual school ratings on our Farmington schools page for detailed performance breakdowns.

Question 17

Are there STEM or specialty schools in Farmington?

Accepted Answer

Yes, Farmington has 1 school with STEM excellence indicators, including Farmington School. These schools demonstrate above-average performance in math, science, or both according to Utah state assessments.

Question 18

What is the internet quality in Farmington, Utah?

Accepted Answer

Farmington has an average broadband download speed of 8955 Mbps and 100% of homes have access to fiber internet. Top internet providers include All West/Utah Inc., Utah Telecommunication Open Infrastructure Agency. This is above average for Utah, supporting remote work and streaming. Residents have an average of 12.6 provider options.

Question 19

Are single-family homes or condos a better investment in Farmington?

Accepted Answer

In Farmington, single-family homes have a median price of $780,000 (+4.0% YoY), while townhomes/condos are $530,000 (+10.9% YoY). SFRs sell in 30 days vs 34 days for condos. Condos offer a lower entry point with competitive returns. Both property types are available with AI-powered search on Propaired.

Question 20

What is the price per square foot in Farmington?

Accepted Answer

The median price per square foot in Farmington, Utah is $253. The average home size is 3,424 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 21

Is now a good time to buy a home in Farmington, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.49% and Utah's unemployment rate is 3.6%, with Farmington's market rated as "balanced." Prices are stabilizing at 3.4% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 22

When is the best time to buy a home in Farmington?

Accepted Answer

Historically, May offers the most new listings in Farmington, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Question 23

Is Farmington a safe place to live?

Accepted Answer

Farmington has a safety rating of 6.3 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 33.3 per 1,000 residents, which is 28% below the statewide average, making it relatively safe with low crime. The violent crime rate is 4.9 per 1,000 residents and the property crime rate is 18.6 per 1,000 residents. (Population: 26,187)

Question 24

What is the crime rate in Farmington?

Accepted Answer

In 2024, Farmington's total NIBRS crime rate was 33.3 offenses per 1,000 residents. This includes crimes against persons (4.9 per 1K), property crimes (18.6 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

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