Farmington, ME Real Estate & Property Data

Farmington Real Estate Market Trends
Last Updated: April 26, 2024

Accurate and comprehensive real estate data is critical for insight into Farmington, ME. ATTOM’s Farmington real estate data is updated daily, and current market trends show that in Farmington, ME a total of 145 residential properties have sold over the past year. With a median home price of $325,000 in Farmington. Get detailed property data for Farmington, ME instantly. ATTOM is your one-stop-shop for the Farmington property reports and real estate data you need in Farmington, ME.

Farmington Real Estate Market Trends
Total Residential Properties 3,306
Total Commercial Properties 345
Avg. Home Age (Single Family Home) 48 Years
Avg. Square Feet (Single Family Home) 1,783
Total 2024 Residential Sales (year-to-date) 13
% of Homes Seriously Underwater (Q2 2024) 1.72%
Total 2023 Residential Sales 141
% of Equity Rich Homes (Q2 2024) 28.55%
Effective 2023 Property Tax 0.95%
Total Foreclosure Filings (year-to-date) N/A
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Farmington, ME Real Estate Overview

There were 145 residential properties sold in the past year in Farmington, ME. The median home value in Farmington, ME is $208,311. There are a total of 3,306 residential properties in the Farmington.

Median Sales Price i
$325,000
(Feb 2024)
+69.9%
year-over-year
y-o-y
  • February '24 Feb '24 $325,000
  • January '24 Jan '24 $380,000
  • December '23 Dec '23 $236,000
  • November '23 Nov '23 $299,000
  • October '23 Oct '23 $222,500
  • September '23 Sep '23 $232,500
  • August '23 Aug '23 $90,500
  • July '23 Jul '23 $262,500
  • June '23 Jun '23 $249,250
  • May '23 May '23 $210,000
  • April '23 Apr '23 $94,000
  • March '23 Mar '23 $195,000
Median Down Payment i
$28,418
(Feb 2024)
-2.8%
year-over-year
y-o-y
  • February '24 Feb '24 $28,418
  • January '24 Jan '24 $95,380
  • December '23 Dec '23 $17,110
  • November '23 Nov '23 $45,000
  • October '23 Oct '23 $23,750
  • September '23 Sep '23 $41,062
  • August '23 Aug '23 $11,250
  • July '23 Jul '23 $26,250
  • June '23 Jun '23 $47,000
  • May '23 May '23 $27,412
  • April '23 Apr '23 $14,000
  • March '23 Mar '23 $45,375
Number of Homes Sold i
7
(Feb 2024)
-36.4%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 6
  • December '23 Dec '23 8
  • November '23 Nov '23 14
  • October '23 Oct '23 14
  • September '23 Sep '23 11
  • August '23 Aug '23 15
  • July '23 Jul '23 14
  • June '23 Jun '23 16
  • May '23 May '23 14
  • April '23 Apr '23 7
  • March '23 Mar '23 8
Number of Purchase Loans i
3
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 5
  • November '23 Nov '23 8
  • October '23 Oct '23 8
  • September '23 Sep '23 7
  • August '23 Aug '23 5
  • July '23 Jul '23 10
  • June '23 Jun '23 8
  • May '23 May '23 6
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Number of REFI Loans i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 5
  • December '23 Dec '23 6
  • November '23 Nov '23 3
  • October '23 Oct '23 8
  • September '23 Sep '23 5
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 12
  • May '23 May '23 2
  • April '23 Apr '23 6
  • March '23 Mar '23 6
Number of HELOC Loans i
2
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 1

Farmington, ME Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Farmington, ME Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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