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Peoria Standard

Monday, November 25, 2024

Farmington home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Farmington rose by $29,050 while total sales increased by 50%, according to BlockShopper.com.

In March 2017, there were three homes sold, with a median sale price of $76,000 - a 61.9% increase over the $46,950 median sale price for the same period of the previous year. There were two homes sold in Farmington in March 2016.

The median sales tax in Farmington for the most recent year with available data, 2016, was $1,904, approximately 2.5% of the median home sale price for March 2017.

The following table compares Farmington to other Fulton County cities in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Farmington3250%$76,000$46,95061.9%
Lewistown10-$55,000$0-
London Mills20-$49,111$0-
Canton167128.6%$40,000$36,25010.3%
Avon10-$15,000$0-
St. David02-100%$0$41,402.50-100%
Fairview03-100%$0$25,000-100%

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