Farmington, CT - April, 2025 Housing Market Report:
Key Insights for Buyers and Sellers
Market Snapshot
Median Listing Price: ≈ $485,000 — up 14.1% from April 2024
Median List-to-Sales Price Ratio: Homes typically sell at about 103% of their list price
Median Sale Price (April): Around $476,600
Average Home Value: $462,390, increasing at 3.1% year-over-year
Sales Activity & Inventory
Median Days to Pending: Just 6 days—properties are transitioning to under contract quickly
Average Days on Market: Approximately 10–13 days
Active Listings: Around 32–72 homes, with ~18 new listings added in April
Monthly Inventory Supply: Near 2 months—well below the 5–6 months that define a balanced market
Market Trends & Insights
Farmington remains solidly in a seller’s market:
Prices have surged—median list prices are up double-digits year-over-year, and sale prices consistently exceed asking.
Properties move swiftly, with offers typically accepted in under two weeks.
Limited inventory keeps competition fierce. Buyers should come prepared to make strong, expedited offers, while sellers can confidently list knowing demand remains high.
Popular Places in Farmington
Avon is not the only gem in the valley—Farmington offers its own vibrant mix of culture, amenities, and history:
Historic District & Hill‑Stead Museum: A National Historic Landmark showcasing Impressionist art and beautiful gardens
UConn Health & John Dempsey Hospital: A major regional medical hub and leading employer
Batterson Park: A revitalizing 600-acre park featuring a pond and trails, reopening in 2025
Unionville & Farmington River Trails: Great for walking, biking, and enjoying riverside views
Miss Porter’s School: A prestigious private girls' boarding school with a rich legacy
Retail & Dining: Popular spots like The Blue Anchor Café, Scenic Root Taproom, and shops in Farmington Center foster local appeal
What This Means for You
Buyers: Pre-approval and a swift, strategic offer—often with limited contingencies—are essential to win in today’s fast-paced environment.
Sellers: Well-priced and staged homes are primed to attract multiple offers, potentially driving sale prices above list value.
Thinking of Buying or Selling in Farmington?
Understanding local dynamics is essential. At The Via Domus Team, we combine market expertise with personalized strategy—from accurate pricing to negotiation tactics—to help you achieve your goals with confidence. The Via Domus Team is committed to providing expert guidance and personalized service to help you navigate this market. Contact us today to begin your journey toward buying or selling your home in Farmington, CT.
Would you like more detailed information on specific neighborhoods or guidance on mortgage programs tailored to your situation? Let us know how we can assist you further.