Farmington, MO metro area Housing Market

Cool Market

Comprehensive housing market data for the Farmington, MO metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$190K

10.1% YoY

Days on Market

59 days

31.4% YoY

Active Inventory

166

20.6% YoY

Homes Sold

45

36.4% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Farmington, MO metro area Market Summary

The Farmington, MO metro area housing market is cooling down. As of January 2026, the median home sale price is $190K, up 10.1% year-over-year. Homes are spending a median of 59 days on the market, 31.4% shorter than a year ago.

There are 166 homes for sale — 20.6% fewer than last year. With 3.7 months of supply, this is a seller's market. 50 new listings were added during this period, down 10.7% year-over-year.

Homes are selling for 95.7% of their list price on average, suggesting room for negotiation. 13.3% of homes sell above their asking price. 18.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

76

Contributing Factors

Months of Supply 3.7
Days on Market 59
Price Drops 18.7%
Sale-to-List Ratio 95.7%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 55.1%
Days on Market (National: 66) 10.6%
Inventory (National: 1,210,379) 100.0%

vs. Missouri Median

Median Price (Missouri: $267K) 28.9%
Days on Market (Missouri: 53) 11.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 55% below the national median, which could indicate stronger cash flow potential.

Farmington, MO metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$217K

Price per Sq Ft

$143

Sale-to-List Ratio

95.7%

Months of Supply

3.7

Sold Above List

13.3%

Price Drops

18.7%

New Listings

50

10.7% YoY

Pending Sales

70

Off Market in 2 Weeks

30.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.