Farmington, KY Home Values & Market Trends

Real estate market trends reflect that there have been 4 transactions over the past year in Farmington. The median value for residential home transactions that occurred over the previous year is $142,422. The number of current listings in Farmington is 0, and the percentage of properties for sale in the city is 0.00%. Farmington, KY currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 0 properties for sale.

Farmington, KY Real Estate Market Overview

ZipMedian Est. Value
42040

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Housing Market Summary for Farmington, KY

Apr 2023March 2024Change
Median Listing Price$232.4K$177.2K-23.77%
Median Sold Price$82,680$177.2K114.32%
Homes For Sale40-100.00%
Homes Sold11-
Price
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Homes For Sale
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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%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Farmington, KY

Browse Homes in Farmington, KY

Farmington home values range from $25,910 to $1,399,163. The median estimated value of a home in Farmington is $142,422. The median list price of a home is 0, and the total count of properties in the city is 427.

Foreclosure
There is 1 zips within Farmington, KY; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Farmington, KY with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Farmington, KY with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Farmington, KY; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Farmington, KY 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, KY. There is 1 zips within Farmington, KY; 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, KY. Auction homes and other auction properties account for 0% of all properties in Farmington, KY. There is 1 zips within Farmington, KY; 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 0.00% of residential properties in Farmington, KY with 42040 containing 0 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Farmington, KY; homes for sale in that zips, have a range of median values from $0 in 42040 to the lowest value of $0 in 42040.
    Sold Homes
    The median value for recently sold homes ranges from $134,600 in 42040 to the lowest price of $134,600 in 42040. There is 1 zips within Farmington, KY. 42040 has 1 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.23% of properties in Farmington, KY.

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      Guide for Farmington, KY

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports
      Anchorage Real Estate Market Report April 2024
      See More Articles
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.

      Anchorage Real Estate Market Report April 2024
      Market Reports|posted 17 April 2024

      An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.

      Recently Listed Homes Farmington, KY

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