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Peoria Standard

Sunday, September 29, 2024

Farmington home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Farmington fell by $15,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In September 2018, there were three homes sold, with a median sale price of $90,000 - a 14.3% decrease over the $105,000 median sale price for the same period of the previous year. There were three homes sold in Farmington in September 2017, as well.

The median sales tax in Farmington for the most recent year with available data, 2016, was $1,904, approximately 2.1% of the median home sale price for September 2018.

The following table compares Farmington to other Fulton County cities in September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Fairview12-50%$96,000$100,000-4%
Farmington330%$90,000$105,000-14.3%
Canton2225-12%$52,950$35,00051.3%
Avon110%$30,000$50,000-40%
St. David10-$25,000$0-
Lewistown01-100%$0$66,000-100%
London Mills01-100%$0$49,000-100%

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