Farmington Housing Market Report December 2024Graves County, Kentucky

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Housing Prices in Farmington, KY

How much do homes in Farmington, KY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$206,500$119/SqFt
-$73,400
-26.2%

Based on all homes listed in December 2024

Insight

The list price of homes in Farmington has decreased by 26.2% since November.

Summary: The median home list price in Farmington was $206,500 in December 2024, down 26.2% from the previous month, and the median price per square foot was $119.

Median List Price By City

Median List Price By City
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 MoM
Sedalia
-8.0%
Farmington
-26.2%

Median List Price By Bedrooms

Median List 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.
BedsNov 2024Dec 2024Change MoM
2--
N/A
5--
N/A
4$132K$109.5K
-17.0%
1--
N/A
3$298.9K$298.9K
0.0%

Summary: Farmington housing price by bedroom type for December 2024, compared to the previous month. The home price for 2 bedroom homes did not change. The home price for 5 bedroom homes did not change. The home price for 4 bedroom homes decreased by -17.0%. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes did not change.

Housing supply in Farmington, KY

How many homes are available in Farmington, KY?

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
8Last MonthDec 2024
92 months agoNov 2024
-11.1 %
Change MoMNov – Dec

Summary: The Farmington real estate market had 8 homes for sale in Dec 2024, a 11.1 % decrease compared to Nov 2024.

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.
BedsNov 2024Dec 2024Change MoM
200
0.0%
500
0.0%
433
0.0%
100
0.0%
365
-16.7%

Summary: Farmington housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%.

Days on Market for Farmington, KY

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
79 DaysLast MonthDec 2024
66 Days1 month agoNov 2024
+19.4 %
Change MoMNov – Dec

Summary: Homes in Farmington had an average listing age of 79 days in Dec 2024, up by 19.4% compared to the previous month.

Newest Listings in Farmington, KY

What homes are available in Farmington, KY?

Nearby markets

MLS Disclaimers and Copyright

Based on information from Western Kentucky Regional MLS, for the period 11/01/2024 - 01/01/2025

IDX Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2025 Western Kentucky Regional MLS, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.