Farmington Housing Market Report April 2025•Washington County, Arkansas

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Housing Prices in Farmington, AR

How much do homes in Farmington, AR cost?

Housing Market Conditions

Is Farmington, AR a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Farmington is a Seller's Market

Difference Since April 2024

Since last year, Farmington has remained a Seller's Market.

Insight

Farmington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$347,750$199/SqFt
+$29,750
+9.4%

Based on all homes sold in the last 12 months

Insight

Homes in Farmington have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Farmington was $347,750 in April 2025, up 9.4% from last year, and the median price per square foot was $199.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Prairie Grove Township
+10.3%
Prairie Grove
+10.3%
Farmington Township
+9.4%
Farmington
+9.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1--
N/A
2$210K$215K
+2.4%
3$303.5K$330K
+8.7%
4$406K$413.6K
+1.9%
5$775K$745K
-3.9%

Summary: Farmington housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.4%. The home price for 3 bedroom homes increased by +8.7%. The home price for 4 bedroom homes increased by +1.9%. The home price for 5 bedroom homes decreased by -3.9%.

How does Farmington, AR compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Farmington, AR

Housing supply in Farmington, AR

How many homes are available in Farmington, AR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
111Last MonthApr 2025
1052 months agoMar 2025
+5.7 %
Change MoMMar – Apr

Summary: The Farmington real estate market had 111 homes for sale in Apr 2025, a 5.7 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
30Last MonthApr 2025
222 months agoMar 2025
+36.4 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
200
0.0%
36367
+6.3%
43335
+6.1%
599
0.0%

Summary: Farmington housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +6.3%. The inventory for 4 bedroom homes increased by +6.1%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Farmington, AR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price13 Homes

Under Asking Price13 Homes

Insight

If you're buying a home in Farmington, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Farmington in April 2025, up by 36.4% month-over-month. Of the 30 sold homes, 43% were sold under asking, 43% were sold at asking, and and 13% were sold over asking.

Days on Market for Farmington, AR

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

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days13 Homes

Over 90 Days11 Homes

Insight

Avg time on Rocket Homes in Farmington has remained consistent over time.

Summary: During April 2025, 30 homes were sold in Farmington; 13% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
108 DaysThis YearApr 2025
105 Days1 year agoApr 2024
+3.7 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Farmington had an average listing age of 108 days in Apr 2025, up by 3.7% compared to the previous year.

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Newest Listings in Farmington, AR

What homes are available in Farmington, AR?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from ArkansasONE MLS, for the period 05/01/2023 - 05/01/2025

Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/27/2025, 2:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.