From July through September of 2019, there were 13 homes sold, with a median sale price of $47,000 - a 37.3% decrease over the $75,000 median sale price for the same period of the previous year. There were 13 homes sold in Farmington in the third quarter of 2018, as well.
The median sales tax in Farmington for the most recent year with available data, 2018, was $2,015, approximately 4.3% of the median home sale price for the third quarter of 2019.
The following table compares Farmington to other Fulton County cities in the third quarter of 2019:
City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Canton | 57 | 95 | -40% | $80,000 | $64,500 | 24% |
Fairview | 2 | 3 | -33.3% | $64,750 | $96,000 | -32.6% |
Avon | 2 | 2 | 0% | $60,750 | $35,000 | 73.6% |
Farmington | 13 | 13 | 0% | $47,000 | $75,000 | -37.3% |
St. David | 3 | 3 | 0% | $7,000 | $25,000 | -72% |
Lewistown | 0 | 1 | -100% | $0 | $40,000 | -100% |
London Mills | 0 | 3 | -100% | $0 | $6,000 | -100% |