Farmington city: Median Home Value Trend
How Farmington city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$177,100
2023
$273,000
Total change
+$95,900
% change
+54.2%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $177,100 | — |
| 2019 | $210,000 | +$32,900 (18.6%) |
| 2020 | $221,500 | +$11,500 (5.5%) |
| 2021 | $228,400 | +$6,900 (3.1%) |
| 2022 | $262,400 | +$34,000 (14.9%) |
| 2023 | $273,000 | +$10,600 (4%) |