New - 2 days on Rocket
$3,693 Closing Credit¹
#1300450, Listing Office: Better Homes and Gardens Real Estate Journey
Farmington Housing Market Report February 2025•Washington County, Arkansas
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?
Seller'sMarket
Buyer'sMarket
Farmington is a Seller's Market
Difference Since February 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
$336,333$197/SqFt
+$16,333
+5.1%
Based on all homes sold in the last 12 months
Insight
Homes in Farmington have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Farmington was $336,333 in February 2025, up 5.1% from last year, and the median price per square foot was $197.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Prairie Grove Township | $295K | $315K | +6.8% |
| Prairie Grove | $295K | $315K | +6.8% |
| Farmington Township | $320K | $336.3K | +5.1% |
| Farmington | $320K | $336.3K | +5.1% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $210K | $212.5K | +1.2% |
| 33 Bedrooms | $305K | $325K | +6.6% |
| 44 Bedrooms | $444.9K | $406.5K | -8.6% |
| 55+ Bedrooms | $885K | $745K | -15.8% |
Summary: Farmington housing price by bedroom type for February 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 +1.2%. The home price for 3 bedroom homes increased by +6.6%. The home price for 4 bedroom homes decreased by -8.6%. The home price for 5 bedroom homes decreased by -15.8%.
Housing supply in Farmington, AR
How many homes are available in Farmington, AR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 77Last MonthFeb 2025 | ||
| 792 months agoJan 2025 | -2.5 % Change MoMJan – Feb |
Summary: The Farmington real estate market had 77 homes for sale in Feb 2025, a 2.5 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthFeb 2025 | ||
| 152 months agoJan 2025 | -13.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 0 | -100.0% |
| 33 Bedrooms | 51 | 43 | -15.7% |
| 44 Bedrooms | 22 | 27 | +22.7% |
| 55+ Bedrooms | 5 | 7 | +40.0% |
Summary: Farmington housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes decreased by -15.7%. The inventory for 4 bedroom homes increased by +22.7%. The inventory for 5 bedroom homes increased by +40.0%.
Asking Price vs. Sold Price
How much do homes in Farmington, AR cost?
Over Asking Price1 Home
At Asking Price9 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Farmington, expect to pay close to the asking price. 69.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Farmington in February 2025, down by 13.3% month-over-month. Of the 13 sold homes, 23% were sold under asking, 69% were sold at asking, and and 8% 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 Days2 Homes
30 – 90 Days6 Homes
Over 90 Days5 Homes
Insight
Avg time on Rocket Homes in Farmington has remained consistent over time.
Summary: During February 2025, 13 homes were sold in Farmington; 15% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 82 DaysThis YearFeb 2025 | ||
| 150 Days1 year agoFeb 2024 | -45.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Farmington had an average listing age of 82 days in Feb 2025, down by 45.2% compared to the previous year.
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Newest Listings in Farmington, AR
What homes are available in Farmington, AR?
New - 2 days on Rocket
$8,313 Closing Credit¹
#1299673, Listing Office: Keller Williams Market Pro Realty - Rogers Branch
New - 3 days on Rocket
$3,978 Closing Credit¹
#1300229, Listing Office: Collier & Associates-Bentonville Branch
New - 3 days on Rocket
$4,049 Closing Credit¹
#1300225, Listing Office: Mathias Real Estate
$9,470 Closing Credit¹
#1299733, Listing Office: Crye-Leike REALTORS Fayetteville
$4,393 Closing Credit¹
#1299388, Listing Office: Hutchinson Realty
$4,796 Closing Credit¹
#1299566, Listing Office: Lindsey & Associates Inc
$3,800 Closing Credit¹
#1299071, Listing Office: RE/MAX Associates, LLC
$4,423 Closing Credit¹
#1298733, Listing Office: D.R. Horton Realty of Arkansas, LLC
$8,134 Closing Credit¹
#1298505, Listing Office: McNaughton Real Estate
$3,918 Closing Credit¹
#1298614, Listing Office: Realty Concepts
$4,732 Closing Credit¹
#1298454, Listing Office: D.R. Horton Realty of Arkansas, LLC
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MLS Disclaimers and Copyright
Based on information from Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, for the period 03/01/2023 - 03/01/2025
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: 3/9/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.