Farnam housing prices have seen a decrease of -6.1% over the last one hundred eighty days compared to the previous twelve months. The average house price over the last six months is $1,234,727. Below you’ll find numerous charts and graphs breaking down real estate market trends in Farnam.
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|Recent Trends||Previous 180 Days||Previous 12 Months||% ChangeOver 6 Months|
|Average Sales Price||$1,234,727||$1,315,133||-6.1%|
|Average List Price||$1,215,348||$1,267,389||-4.1%|
|Sales Price vs List Price||101%||103%||-1.9%|
|Avg Days on Market||24||20||20.0%|
|Avg Homes Sold Per Month||2||1||46.7%|
Below you’ll see a comparison between the square footage and price per square foot for each Farnam house price over the last 180 days. Hover over a point to see more information about each home that sold.
Properties in Farnam can be divided into three categories: small interior square footage, average interior square footage, and the higher end of interior square footage. This data can give you a rough overview on which bucket your home may fall into with Farnam home prices.
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|Low End||Average End||High End|
|Avg Sq Ft Range||1178 - 1178 sq ft||1179 - 1937 sq ft||1938 - 2566 sq ft|
|Avg Sold Price||$1,190,000||$1,253,000||$1,600,000|
|Avg Price Per Sq Ft||$1010||$857||$710|
Data is from the previous 12 months and pulled directly from the MLS.
Median List Price
Average Days on Market
Median Sq Ft
Average Price per Sq Ft
Data is pulled directly from the MLS and is comparing the last 180 days to the previous 12 months average.
Hover over a candlestick to see the median sales price and the median list price for any given month
# of Homes Sold
Median Sold Price for 2BR
Median Sold Price for 3BR
Median Sold Price for 4+BR
# of Condos/Townhomes Sold
Median Sold Price of Condos/Townhomes
Dollar amounts are calculated based upon median values of all sold listings over the last 180 days and updated daily.
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Farnam house prices have seen a median sales price of $1,193,000 over the last 180 days - a -4.8% decrease in comparison to the previous twelve months. In the same 180 days, 12 properties have closed escrow in the area, 11 of which were single family residences, and the remaining 1 of which were condos or townhomes. The single family residences in Farnam had an average list price of $1,215,348 and were on the market for 24 days on average, with a sold to list price ratio of 101% in the past 180 days. In terms of size, the median square footage for single family residences was 1370, with the average price per square foot sitting at $855. The median sold price for a three bedroom home in the area was $1,193,000, compared with $1,176,500 for a four bedroom. Over the last 180 days, housing prices in Farnam had a median sold to list price ratio for single family residences of 101%, which is -2% less compared to the past 12 months. This shows a slightly downward trend in the Farnam real estate market.
According to the MLS, there are currently 3 single family residences for sale in Farnam in addition to 0 condos and townhomes, all of which are averaging 6 days on the market. Of the single family residences, the average list price is sitting at $1,654,000 – 0% less than the sold prices of the past 90 days. Regarding the condos and townhomes, an average list price of $0 means that prices are sitting at -1.0% less compared to the past 90 days.
Farnam has approximately 574 households, with the average home built around around 1972. Of all of the households found in Farnam today, roughly 50% are married and 35% have children, with an average income of $100,964 and about 35% of residents possessing a bachelor’s degree.