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Is Farmington, KY 42040 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Farmington is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list101.9%Sold price ÷ list price
Median days on market72Listing to accepted offer
Median price per sq ft$103▼ −14.8% vs. last year

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Prefilled for 42040Can I win this house?Multiple-offer likelihood for a listing Prefilled for 42040Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Boaz 42027Seller’s market $102 /sq ftFancy Farm 42039Balanced $136 /sq ftHickory 42051Seller’s market $141 /sq ftMayfield 42066Balanced $132 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology