Inventory in Farmington is moderate, with 52 homes on the market and 29 new listings in March 2026. Contract activity is steady, as 21 homes went under contract, while months of supply sits at 4.3, signaling a tilt toward sellers.
Days on market have tightened significantly, dropping to 31 days, down 59.74% from the prior month and nearly 28% lower than a year ago. Still, about 30.77% of listings saw a price drop, and only 16.67% of sales closed above list, with an average sale-to-list ratio of 0.99, showing buyers are negotiating close to asking prices.
Prices are responding to this environment, with the typical home value at $667,500, up 17.13% month over month and 4.2% year over year, and the median list price climbing to $900,000, up 28.79% in a month. Looking ahead to April 2026, the typical home value is projected to reach $716,300 and the median list price $1,000,600, while inventory is expected to edge up to 55 homes, and Farmington remains much higher-priced than Davis County’s $524,000 typical value. With the market gauge at 25 and labeled a Seller's Market, both buyers and sellers can benefit from Agent Pronto’s help in finding the right local agent to navigate these conditions.
