04938 Home Values & Market Trends

There are 127 homes currently listed for 04938. 04938 real estate market trends show that home prices range from $70,000 to $790,000, and the median sales price in the 04938 zip code is $299,000. The total number of properties sold within the past twelve months is 138. In 04938, 4 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

04938 Real Estate Market Overview

CityMedian Est. Value
Farmington

$ 299,900

$ 183/sqft

Housing Market Summary for 04938

Sep 2025September 2026Change
Median Listing Price$279.9K$286.4K2.32%
Median Sold Price$247.1K$210.9K-14.62%
Homes For Sale8412548.81%
Homes Sold5453-1.85%
Price
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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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Browse Homes in 04938

The median list price of a home in Farmington, is $299,000. A total of 127 properties are for sale, and the percentage of properties for sale in the zip code is 127.00%. The total count of 04938 properties is 188.

Foreclosure
There is 1 cities within 04938; within this cities, the median estimated home value for homes in foreclosure ranges from $382,966 in farmington to the lowest value of $135,000 in farmington. Foreclosure homes account for 2.00% of properties in 04938 with farmington containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.13% of all residential properties in 04938 with farmington containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 04938; of that cities, the estimated home value for pre-foreclosure homes ranges from $382,966 in farmington to the lowest home value of $135,000 in farmington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 04938 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 04938. There is 1 cities within 04938; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 04938. Auction homes and other auction properties account for 0% of all properties in 04938. There is 1 cities within 04938; of that cities, 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 67.55% of residential properties in 04938 with farmington containing 105 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 04938; homes for sale in that cities, have a range of median values from $873,409 in farmington to the lowest value of $14,229 in farmington.
    Sold Homes
    The median value for recently sold homes ranges from $571,896 in farmington to the lowest price of $65,250 in farmington. There is 1 cities within 04938. farmington has 32 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 28.19% of properties in 04938.

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      Guide for 04938

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.