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
$343,000
2023
$618,400
Total change
+$275,400
% change
+80.3%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $343,000 | — |
| 2019 | $386,500 | +$43,500 (12.7%) |
| 2020 | $419,700 | +$33,200 (8.6%) |
| 2021 | $431,900 | +$12,200 (2.9%) |
| 2022 | $558,300 | +$126,400 (29.3%) |
| 2023 | $618,400 | +$60,100 (10.8%) |