FARMINGTON Mortgage Rates
30 Year Fixed Rate mortgages in Farmington averaged
5.84%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
5.85% and
one month ago for the week of 2022-05-26, the
average rate was 5.14%.
Farmington's average rate one year ago was 3.43%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.93%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Farmington 30 Year Fixed Rate | 2022-06-30 | 5.84% |
| Farmington 30 Year Fixed Rate Refi | 2022-06-30 | 5.93% |
| Farmington 15 Year Fixed Rate | 2022-06-30 | 8.28% |
| Farmington 15 Year Fixed Rate Refi | 2022-06-30 | 4.92% |
| Farmington 30 Year FHA | 2022-06-30 | 5.64% |
| Farmington 30 Year FHA Refi | 2022-06-30 | 5.71% |
| Farmington 30 Year USDA | 2022-06-30 | 5.54% |
| Farmington 30 Year USDA Refi | 2022-06-30 | 5.64% |
| Farmington 30 Year VA | 2022-06-30 | 5.93% |
| Farmington 30 Year VA Refi | 2022-06-30 | 5.12% |
FARMINGTON Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the FARMINGTON, NM market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
FARMINGTON, NM's 116 lenders originated 2,745
loans during 2021. The total origination value was $511,205,000, with an average loan value of
$186,231.
The top FARMINGTON lender as defined by loan originations is QUICKEN LOANS, LLC, with
119 loans originated. Their average total fees are
$4,853, which is $552
higher than the next largest lender,
Waterstone Mortgage Corporation.
The lowest fee FARMINGTON lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC ($3,489), Wells Fargo Bank ($3,681), BETTER MORTGAGE CORPORATION ($3,691), CORNERSTONE HOME LENDING, INC. ($3,779) and STEARNS LENDING, LLC ($3,841).
The lowest rate FARMINGTON lenders (with over 10 loans originated) are
BETTER MORTGAGE CORPORATION (2.83%), STEARNS LENDING, LLC (2.89%), AMERISAVE MORTGAGE CORPORATION (2.92%), UNITED WHOLESALE MORTGAGE, LLC (3.03%) and BROKER SOLUTIONS, INC. (3.07%).
FARMINGTON, NM Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $50,275,000 | $55,465,000 | 10.3% | 10.8% |
| Waterstone Mortgage Corporation | $61,385,000 | $52,715,000 | -14.1% | 10.3% |
| AMCAP MORTGAGE, LTD. | $5,030,000 | $39,420,000 | 683.7% | 7.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $29,210,000 | $33,630,000 | 15.1% | 6.6% |
| FREEDOM MORTGAGE CORPORATION | $24,080,000 | $25,730,000 | 6.9% | 5.0% |
| LEGACY MORTGAGE LLC | $14,265,000 | $19,115,000 | 34.0% | 3.7% |
| GUILD MORTGAGE COMPANY | $14,470,000 | $16,370,000 | 13.1% | 3.2% |
| BROKER SOLUTIONS, INC. | $3,175,000 | $15,800,000 | 397.6% | 3.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $60,570,000 | $14,640,000 | -75.8% | 2.9% |
| Mortgage Research Center, LLC | $5,420,000 | $12,125,000 | 123.7% | 2.4% |
| Wells Fargo Bank | $6,785,000 | $12,095,000 | 78.3% | 2.4% |
| LOANDEPOT.COM, LLC | $9,080,000 | $11,360,000 | 25.1% | 2.2% |
| Bank of Colorado | $845,000 | $10,360,000 | 1,126.0% | 2.0% |
| CORNERSTONE HOME LENDING, INC. | $8,755,000 | $9,535,000 | 8.9% | 1.9% |
| MID AMERICA MORTGAGE, INC. | $4,205,000 | $8,900,000 | 111.7% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $2,595,000 | $7,640,000 | 194.4% | 1.5% |
| AMERISAVE MORTGAGE CORPORATION | $4,715,000 | $6,625,000 | 40.5% | 1.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $5,300,000 | $6,135,000 | 15.8% | 1.2% |
| LAKEVIEW LOAN SERVICING, LLC | $1,635,000 | $5,815,000 | 255.7% | 1.1% |
| Zions Bancorporation, N.A. | $5,420,000 | $5,595,000 | 3.2% | 1.1% |
| MICHIGAN MUTUAL, INC. | $2,960,000 | $5,290,000 | 78.7% | 1.0% |
| BETTER MORTGAGE CORPORATION | $920,000 | $4,740,000 | 415.2% | 0.9% |
| NEWREZ LLC | $1,425,000 | $4,695,000 | 229.5% | 0.9% |
| AMERICAN FINANCING CORPORATION | $2,420,000 | $4,280,000 | 76.9% | 0.8% |
| 21ST MORTGAGE CORPORATION | $6,830,000 | $3,725,000 | -45.5% | 0.7% |
| ACADEMY MORTGAGE CORPORATION | $2,900,000 | $3,545,000 | 22.2% | 0.7% |
| U.S. Bank | $1,745,000 | $3,520,000 | 101.7% | 0.7% |
| STEARNS LENDING, LLC | $6,610,000 | $3,510,000 | -46.9% | 0.7% |
| Washington Federal Bank | $2,830,000 | $3,475,000 | 22.8% | 0.7% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $3,295,000 | n/a | 0.6% | |
| Bank of America | $1,370,000 | $3,070,000 | 124.1% | 0.6% |
| VILLAGE CAPITAL & INVESTMENT LLC | $2,405,000 | $2,930,000 | 21.8% | 0.6% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,425,000 | $2,870,000 | 101.4% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $1,780,000 | $2,810,000 | 57.9% | 0.5% |
| First Guaranty Mortgage Corporation | $1,375,000 | $2,805,000 | 104.0% | 0.5% |
| U.S. EAGLE | $620,000 | $2,600,000 | 319.4% | 0.5% |
| V.I.P. MORTGAGE, INC. | $2,525,000 | n/a | 0.5% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $4,315,000 | $2,495,000 | -42.2% | 0.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $625,000 | $2,350,000 | 276.0% | 0.5% |
| CALIBER HOME LOANS, INC. | $2,745,000 | $2,345,000 | -14.6% | 0.5% |
| SANDIA LABORATORY | $2,305,000 | n/a | 0.5% | |
| FIRST COMMUNITY MORTGAGE, INC. | $2,985,000 | $1,970,000 | -34.0% | 0.4% |
| Century Mortgage Company DBA Century Lending Company | $1,835,000 | n/a | 0.4% | |
| JPMorgan Chase Bank | $2,325,000 | $1,825,000 | -21.5% | 0.4% |
| NEW DAY FINANCIAL, LLC | $1,465,000 | $1,825,000 | 24.6% | 0.4% |
| PLANET HOME LENDING, LLC | $3,200,000 | $1,780,000 | -44.4% | 0.3% |
| Carrington Mortgage Services, LLC | $2,090,000 | $1,745,000 | -16.5% | 0.3% |
| KELLER MORTGAGE, LLC | $2,205,000 | $1,745,000 | -20.9% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $895,000 | $1,615,000 | 80.4% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,550,000 | $1,530,000 | -1.3% | 0.3% |
| Alpine Bank | $1,510,000 | n/a | 0.3% | |
| Flanagan State Bank | $925,000 | $1,490,000 | 61.1% | 0.3% |
| CHURCHILL MORTGAGE CORPORATION | $615,000 | $1,470,000 | 139.0% | 0.3% |
| Nations Lending Corporation | $640,000 | $1,350,000 | 110.9% | 0.3% |
| USAA Federal Savings Bank | $3,960,000 | $1,340,000 | -66.2% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $1,865,000 | $1,320,000 | -29.2% | 0.3% |
| The Federal Savings Bank | $2,325,000 | $1,310,000 | -43.7% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,430,000 | $1,305,000 | -8.7% | 0.3% |
| CLEARPATH LENDING | $1,405,000 | $1,290,000 | -8.2% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $970,000 | $1,275,000 | 31.4% | 0.2% |
| Flagstar Bank, FSB | $775,000 | $1,260,000 | 62.6% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,250,000 | n/a | 0.2% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $920,000 | $1,215,000 | 32.1% | 0.2% |
| Ally Bank | $620,000 | $1,160,000 | 87.1% | 0.2% |
| SOVEREIGN LENDING GROUP INCORPORATED | $265,000 | $1,090,000 | 311.3% | 0.2% |
| CANOPY MORTGAGE, LLC | $590,000 | $1,035,000 | 75.4% | 0.2% |
| First Bank & Trust | $835,000 | $1,025,000 | 22.8% | 0.2% |
| GUARANTEED RATE, INC. | $1,655,000 | $1,025,000 | -38.1% | 0.2% |
| NUSENDA | $270,000 | $965,000 | 257.4% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $1,565,000 | $940,000 | -39.9% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $710,000 | $850,000 | 19.7% | 0.2% |
| MOUNTAIN AMERICA | $805,000 | $820,000 | 1.9% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $860,000 | $810,000 | -5.8% | 0.2% |
| Low VA Rates, LLC | $585,000 | $810,000 | 38.5% | 0.2% |
| BAY EQUITY LLC | $470,000 | $790,000 | 68.1% | 0.2% |
| Gateway First Bank | $990,000 | $755,000 | -23.7% | 0.1% |
| Loan Simple, Inc. | $515,000 | $690,000 | 34.0% | 0.1% |
| InterContinental Capital Group, Inc | $180,000 | $680,000 | 277.8% | 0.1% |
| Mid-Continent Funding, Inc. | $115,000 | $680,000 | 491.3% | 0.1% |
| BOKF | $1,310,000 | $655,000 | -50.0% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $415,000 | $625,000 | 50.6% | 0.1% |
| PNC Bank | $305,000 | $600,000 | 96.7% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,715,000 | $595,000 | -65.3% | 0.1% |
| SIRVA MORTGAGE, INC. | $590,000 | n/a | 0.1% | |
| The Central Trust Bank | $900,000 | $585,000 | -35.0% | 0.1% |
| Chickasaw Community Bank | $440,000 | $575,000 | 30.7% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $3,010,000 | $575,000 | -80.9% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $885,000 | $545,000 | -38.4% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $545,000 | n/a | 0.1% | |
| Northpointe Bank | $155,000 | $470,000 | 203.2% | 0.1% |
| RESIDENTIAL BANCORP. | $465,000 | n/a | 0.1% | |
| Prime Choice Funding Inc. | $255,000 | $460,000 | 80.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $260,000 | $450,000 | 73.1% | 0.1% |
| UNION HOME MORTGAGE CORP. | $3,035,000 | $450,000 | -85.2% | 0.1% |
| Wallick & Volk, Inc. | $440,000 | n/a | 0.1% | |
| STARBOARD FINANCIAL MANAGEMENT, LLC | $115,000 | $435,000 | 278.3% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $430,000 | n/a | 0.1% | |
| ACCELERATE MORTGAGE, LLC | $805,000 | $410,000 | -49.1% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $405,000 | n/a | 0.1% | |
| North American Savings Bank, F.S.B. | $395,000 | n/a | 0.1% | |
| Truist Bank | $825,000 | $395,000 | -52.1% | 0.1% |
| Financial Funding Solutions, Inc. | $235,000 | $390,000 | 66.0% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $355,000 | $385,000 | 8.5% | 0.1% |
| Deseret First Credit Union | $135,000 | $375,000 | 177.8% | 0.1% |
| Sunflower Bank | $170,000 | $370,000 | 117.6% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $365,000 | n/a | 0.1% | |
| Magnolia Bank | $360,000 | n/a | 0.1% | |
| AMERICAN ADVISORS GROUP | $110,000 | $345,000 | 213.6% | 0.1% |
| Truity Federal Credit Union | $345,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $345,000 | n/a | 0.1% | |
| First Federal Bank | $340,000 | n/a | 0.1% | |
| First Savings Bank | $315,000 | n/a | 0.1% | |
| DIRECT MORTGAGE, CORP. | $305,000 | n/a | 0.1% | |
| Merchants Bank of Indiana | $295,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $535,000 | $295,000 | -44.9% | 0.1% |
| EMBRACE HOME LOANS, INC. | $285,000 | $285,000 | 0.0% | 0.1% |
| FirstBank | $285,000 | n/a | 0.1% | |
| GENEVA FINANCIAL, LLC | $280,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $795,000 | $280,000 | -64.8% | 0.1% |
| Bell Bank | $245,000 | $275,000 | 12.2% | 0.1% |
| PHH Mortgage Corporation | $185,000 | $260,000 | 40.5% | 0.1% |
| First Federal Bank of Kansas City | $255,000 | n/a | 0.0% | |
| NBKC BANK | $255,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $245,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $390,000 | $245,000 | -37.2% | 0.0% |
| MORIA DEVELOPMENT, INC. | $235,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $235,000 | n/a | 0.0% | |
| BBVA USA | $225,000 | n/a | 0.0% | |
| MANN FINANCIAL INC. | $225,000 | n/a | 0.0% | |
| Quontic Bank | $225,000 | n/a | 0.0% | |
| Citizens Bank | $185,000 | $215,000 | 16.2% | 0.0% |
| JAMES B. NUTTER & COMPANY | $215,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $415,000 | $215,000 | -48.2% | 0.0% |
| Florida Capital Bank | $115,000 | $205,000 | 78.3% | 0.0% |
| UNIVERSAL LENDING CORPORATION | $205,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $195,000 | n/a | 0.0% | |
| CMG MORTGAGE, INC. | $695,000 | $185,000 | -73.4% | 0.0% |
| OCMBC, INC. | $185,000 | n/a | 0.0% | |
| SunWest Credit Union | $185,000 | n/a | 0.0% | |
| United Fidelity Funding Corp. | $185,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $175,000 | n/a | 0.0% | |
| ATHAS CAPITAL GROUP, INC. | $175,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $505,000 | $175,000 | -65.3% | 0.0% |
| FIRST TECHNOLOGY | $175,000 | n/a | 0.0% | |
| Willamette Valley Bank | $175,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $165,000 | n/a | 0.0% | |
| First National Bank Texas | $185,000 | $165,000 | -10.8% | 0.0% |
| Chicago Mortgage Solutions LLC | $155,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $155,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $550,000 | $155,000 | -71.8% | 0.0% |
| State Department Federal Credit Union | $155,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $1,055,000 | $145,000 | -86.3% | 0.0% |
| Arvest Bank | $145,000 | n/a | 0.0% | |
| NBH Bank | $145,000 | n/a | 0.0% | |
| Manufacturers and Traders Trust Company | $330,000 | $135,000 | -59.1% | 0.0% |
| OPEN MORTGAGE, LLC | $75,000 | $135,000 | 80.0% | 0.0% |
| Plains Commerce Bank | $1,730,000 | $135,000 | -92.2% | 0.0% |
| EVERETT FINANCIAL, INC. | $395,000 | $125,000 | -68.4% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $125,000 | n/a | 0.0% | |
| RANLIFE, INC. | $530,000 | $115,000 | -78.3% | 0.0% |
| S1L, Inc. | $115,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $115,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $105,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $105,000 | n/a | 0.0% | |
| ARC HOME LLC | $255,000 | $95,000 | -62.7% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $85,000 | n/a | 0.0% | |
| Figure Lending LLC | $85,000 | n/a | 0.0% | |
| Kirtland Federal Credit Union | $60,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $415,000 | $55,000 | -86.7% | 0.0% |
FARMINGTON's top lender by overall market share is QUICKEN LOANS, LLC, with 10.8% market share. In second place, with 10.3%, is Waterstone Mortgage Corporation, having originated $52,715,000 in loans. In third place, with 7.7%, is AMCAP MORTGAGE, LTD., having originated $39,420,000 in loans. In third place, with 6.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $33,630,000 in loans. In third place, with 5.0%, is FREEDOM MORTGAGE CORPORATION, having originated $25,730,000 in loans.
FARMINGTON, NM Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,379 | $249,185,000 | $180,700 |
| Refi | 1,020 | $199,840,000 | $195,922 |
| Cash Out Refi | 291 | $52,785,000 | $181,392 |
| Other | 30 | $3,880,000 | $129,333 |
| Home Improvement | 24 | $2,220,000 | $92,500 |
| NA | 1 | $3,295,000 | $3,295,000 |
Farmington's most frequently cited loan purpose was Home Purchase, with 1,379 originations. The 2nd most popular reason was Refi, with 1,020 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,007 | $199,005,000 | $197,622 |
| 3-4% | 994 | $197,060,000 | $198,249 |
| <2.5% | 463 | $89,865,000 | $194,093 |
| 5-6% | 126 | $1,680,000 | $13,333 |
| 4-5% | 75 | $12,585,000 | $167,800 |
| Over 8% | 40 | $2,940,000 | $73,500 |
| 6-7% | 13 | $1,405,000 | $108,077 |
| 7-8% | 9 | $735,000 | $81,667 |
During 2021, Farmington's most frequently originated rate bucket was 2.5-3%, with 1,007 originations.
Loan Sizing (FARMINGTON, NM MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,366 | $208,010,000 | $152,277 |
| $200k-400k | 933 | $243,085,000 | $260,541 |
| $100,000 or less | 377 | $17,045,000 | $45,212 |
| $400k-600k | 62 | $29,480,000 | $475,484 |
| $600k-1000k | 4 | $2,780,000 | $695,000 |
| $Over $1MM | 3 | $10,805,000 | $3,601,667 |
FARMINGTON's loan sizing saw the bucket of loans from $100k-200k with 1,366 originations, totaling $208,010,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,343 | $279,195,000 | $207,889 |
| 60-80% | 715 | $138,715,000 | $194,007 |
| 40-60% | 233 | $37,595,000 | $161,352 |
| Under 20% | 178 | $1,980,000 | $11,124 |
| 20-40% | 45 | $4,365,000 | $97,000 |
| Over 100% | 36 | $9,480,000 | $263,333 |
FARMINGTON's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,343 originations, totaling $279,195,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - FARMINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $208,250 (-0.6%) | $247,828 (-1.1%) | 0.00 | 484 |
| 2018-02-01 | $204,944 (-2.2%) | $243,976 (-3.1%) | 0.00 | 478 |
| 2018-03-01 | $204,900 (-3.4%) | $245,747 (-2.2%) | 0.00 | 486 |
| 2018-04-01 | $199,900 (-8.3%) | $244,902 (-5.0%) | 0.00 | 522 |
| 2018-05-01 | $200,000 (-7.8%) | $249,260 (-3.3%) | 0.00 | 538 |
| 2018-06-01 | $209,000 (-2.8%) | $250,784 (-2.0%) | 0.00 | 549 |
| 2018-07-01 | $209,894 (-2.8%) | $250,452 (-3.3%) | 0.00 | 533 |
| 2018-08-01 | $210,000 (0.0%) | $253,146 (-0.9%) | 0.00 | 530 |
| 2018-09-01 | $212,000 (0.5%) | $258,741 (0.9%) | 0.00 | 524 |
| 2018-10-01 | $209,000 (-0.5%) | $254,449 (-0.5%) | 0.00 | 542 |
| 2018-11-01 | $209,450 (0.5%) | $253,558 (-0.3%) | 0.00 | 519 |
| 2018-12-01 | $214,900 (7.5%) | $253,463 (1.5%) | 0.00 | 487 |
| 2019-01-01 | $215,000 (3.2%) | $252,944 (2.1%) | 0.00 | 447 |
| 2019-02-01 | $210,000 (2.5%) | $248,766 (2.0%) | 0.00 | 456 |
| 2019-03-01 | $217,036 (5.9%) | $256,473 (4.4%) | 0.00 | 458 |
| 2019-04-01 | $219,950 (10.0%) | $265,742 (8.5%) | 0.00 | 458 |
| 2019-05-01 | $220,200 (10.1%) | $264,712 (6.2%) | 0.00 | 467 |
| 2019-06-01 | $220,000 (5.3%) | $264,630 (5.5%) | 0.00 | 488 |
| 2019-07-01 | $219,900 (4.8%) | $263,429 (5.2%) | 0.00 | 514 |
| 2019-08-01 | $219,999 (4.8%) | $264,051 (4.3%) | 0.00 | 504 |
| 2019-09-01 | $220,000 (3.8%) | $264,787 (2.3%) | 0.00 | 492 |
| 2019-10-01 | $218,000 (4.3%) | $260,007 (2.2%) | 0.00 | 488 |
| 2019-11-01 | $215,500 (2.9%) | $261,214 (3.0%) | 0.00 | 437 |
| 2019-12-01 | $218,000 (1.4%) | $264,214 (4.2%) | 0.00 | 402 |
| 2020-01-01 | $211,000 (-1.9%) | $262,004 (3.6%) | 0.00 | 369 |
| 2020-02-01 | $209,900 (-0.1%) | $260,212 (4.6%) | 0.00 | 385 |
| 2020-03-01 | $210,000 (-3.2%) | $259,442 (1.2%) | 0.00 | 397 |
| 2020-04-01 | $215,000 (-2.3%) | $266,256 (0.2%) | 0.00 | 391 |
| 2020-05-01 | $219,500 (-0.3%) | $271,775 (2.7%) | 0.00 | 365 |
| 2020-06-01 | $210,000 (-4.6%) | $262,726 (-0.7%) | 0.00 | 356 |
| 2020-07-01 | $215,000 (-2.2%) | $260,318 (-1.2%) | 0.00 | 378 |
| 2020-08-01 | $210,000 (-4.6%) | $257,280 (-2.6%) | 0.00 | 375 |
| 2020-09-01 | $206,000 (-6.4%) | $261,743 (-1.2%) | 0.00 | 338 |
| 2020-10-01 | $209,900 (-3.7%) | $268,862 (3.4%) | 0.00 | 316 |
| 2020-11-01 | $207,825 (-3.6%) | $262,304 (0.4%) | 0.00 | 292 |
| 2020-12-01 | $206,375 (-5.3%) | $258,085 (-2.3%) | 0.00 | 275 |
| 2021-01-01 | $205,750 (-2.5%) | $256,470 (-2.1%) | 0.00 | 248 |
| 2021-02-01 | $210,000 (0.1%) | $265,129 (1.9%) | 0.00 | 255 |
| 2021-03-01 | $217,450 (3.6%) | $263,195 (1.5%) | 0.00 | 238 |
| 2021-04-01 | $213,250 (-0.8%) | $268,429 (0.8%) | 0.00 | 205 |
| 2021-05-01 | $224,000 (2.1%) | $295,448 (8.7%) | 0.00 | 213 |
| 2021-06-01 | $222,000 (5.7%) | $317,423 (20.8%) | 0.00 | 202 |
| 2021-07-01 | $225,000 (4.7%) | $327,186 (25.7%) | 0.00 | 202 |
| 2021-08-01 | $229,000 (9.1%) | $332,205 (29.1%) | 0.00 | 214 |
| 2021-09-01 | $229,750 (11.5%) | $328,335 (25.4%) | 0.00 | 220 |
| 2021-10-01 | $242,000 (15.3%) | $358,908 (33.5%) | 0.00 | 197 |
| 2021-11-01 | $251,950 (21.2%) | $354,966 (35.3%) | 0.00 | 185 |
| 2021-12-01 | $268,500 (30.1%) | $362,657 (40.5%) | 0.00 | 164 |
| 2022-01-01 | $279,900 (36.0%) | $369,995 (44.3%) | 0.00 | 120 |
| 2022-02-01 | $272,450 (29.7%) | $369,874 (39.5%) | 0.00 | 114 |
| 2022-03-01 | $263,000 (21.0%) | $353,576 (34.3%) | 0.00 | 118 |
| 2022-04-01 | $299,900 (40.6%) | $409,287 (52.5%) | 0.00 | 117 |
| 2022-05-01 | $317,450 (41.7%) | $429,518 (45.4%) | 0.00 | 108 |
| 2022-06-01 | $315,000 (41.9%) | $403,491 (27.1%) | 0.00 | 143 |
FARMINGTON's median listing price comes in at 0% of the national average.
FARMINGTON's average listing price for 2022-06-01 was $403,491, a difference of $86,068 (27.1%) versus the prior year and $-26,027 versus the prior month.
For the 2022-06-01 period, FARMINGTON had 143 MLS listings, a difference of 35 listings (32%) versus the prior month and -59 listings (-29%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - FARMINGTON (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,814 sqft |
| 2018-02-01 | 0 days | 1,796 sqft |
| 2018-03-01 | 0 days | 1,805 sqft |
| 2018-04-01 | 0 days | 1,791 sqft |
| 2018-05-01 | 0 days | 1,819 sqft |
| 2018-06-01 | 0 days | 1,872 sqft |
| 2018-07-01 | 0 days | 1,867 sqft |
| 2018-08-01 | 0 days | 1,888 sqft |
| 2018-09-01 | 0 days | 1,901 sqft |
| 2018-10-01 | 0 days | 1,891 sqft |
| 2018-11-01 | 0 days | 1,900 sqft |
| 2018-12-01 | 0 days | 1,905 sqft |
| 2019-01-01 | 0 days | 1,882 sqft |
| 2019-02-01 | 0 days | 1,829 sqft |
| 2019-03-01 | 0 days | 1,856 sqft |
| 2019-04-01 | 0 days | 1,894 sqft |
| 2019-05-01 | 0 days | 1,894 sqft |
| 2019-06-01 | 0 days | 1,896 sqft |
| 2019-07-01 | 0 days | 1,887 sqft |
| 2019-08-01 | 0 days | 1,889 sqft |
| 2019-09-01 | 0 days | 1,882 sqft |
| 2019-10-01 | 0 days | 1,848 sqft |
| 2019-11-01 | 0 days | 1,857 sqft |
| 2019-12-01 | 0 days | 1,899 sqft |
| 2020-01-01 | 0 days | 1,908 sqft |
| 2020-02-01 | 0 days | 1,854 sqft |
| 2020-03-01 | 0 days | 1,827 sqft |
| 2020-04-01 | 0 days | 1,858 sqft |
| 2020-05-01 | 0 days | 1,927 sqft |
| 2020-06-01 | 0 days | 1,872 sqft |
| 2020-07-01 | 0 days | 1,869 sqft |
| 2020-08-01 | 0 days | 1,794 sqft |
| 2020-09-01 | 0 days | 1,783 sqft |
| 2020-10-01 | 0 days | 1,820 sqft |
| 2020-11-01 | 0 days | 1,804 sqft |
| 2020-12-01 | 0 days | 1,732 sqft |
| 2021-01-01 | 0 days | 1,712 sqft |
| 2021-02-01 | 0 days | 1,849 sqft |
| 2021-03-01 | 0 days | 1,855 sqft |
| 2021-04-01 | 0 days | 1,806 sqft |
| 2021-05-01 | 0 days | 1,800 sqft |
| 2021-06-01 | 0 days | 1,803 sqft |
| 2021-07-01 | 0 days | 1,763 sqft |
| 2021-08-01 | 0 days | 1,768 sqft |
| 2021-09-01 | 0 days | 1,782 sqft |
| 2021-10-01 | 0 days | 1,875 sqft |
| 2021-11-01 | 0 days | 1,904 sqft |
| 2021-12-01 | 0 days | 1,961 sqft |
| 2022-01-01 | 0 days | 1,990 sqft |
| 2022-02-01 | 0 days | 1,972 sqft |
| 2022-03-01 | 0 days | 1,878 sqft |
| 2022-04-01 | 0 days | 2,008 sqft |
| 2022-05-01 | 0 days | 2,060 sqft |
| 2022-06-01 | 0 days | 2,052 sqft |
FARMINGTON's median square footage for active listings during the 2022-06-01 period was 2,052 sqft. One year prior, the average listing was 1,803 sqft.
