Farnam House Prices

Farnam housing prices have seen a decrease of -7.0% over the last one hundred eighty days compared to the previous twelve months. The average house price over the last six months is $1,273,625. Below you’ll find numerous charts and graphs breaking down real estate market trends in Farnam.

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Recent TrendsPrevious 180 DaysPrevious 12 Months% ChangeOver 6 Months
Average Sales Price$1,273,625$1,369,999-7.0%
Average List Price$1,258,118$1,297,496-3.0%
Sales Price vs List Price101%105%-3.8%
Avg Days on Market272128.6%
Avg Homes Sold Per Month1114.3%

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 EndAverage EndHigh End
Avg Sq Ft Range1178 - 1178 sq ft1179 - 2216 sq ft2217 - 2566 sq ft
Avg Sold Price$1,190,000$1,250,000$1,600,000
Avg Price Per Sq Ft$1010$852$669

Data is from the previous 12 months and pulled directly from the MLS.

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The median sales price for homes in Farnam over the last 180 days is

$1,220,000 

Median List Price

$1.2M 

Average Days on Market

27 

Median Sq Ft

1,335 

Average Price per Sq Ft

$883 


Data is pulled directly from the MLS and is comparing the last 180 days to the previous 12 months average.

Median List Price vs Median Sold Price in Farnam over the last 12 months

Hover over a candlestick to see the median sales price and the median list price for any given month

Recent Homes Sold in Farnam

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Housing Prices in Farnam

# of Homes Sold

8

Median Sold Price for 2BR

$731K

Median Sold Price for 3BR

$1.2M 

Median Sold Price for 4+BR

$1.3M 

# of Condos/Townhomes Sold

3

Median Sold Price of Condos/Townhomes

$712K 

Dollar amounts are calculated based upon median values of all sold listings over the last 180 days and updated daily.

Sold Price vs Days on Market for Farnam Over the Previous 12 Months

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Farnam house prices have seen a median sales price of $1,220,000 over the last 180 days - a -5.2% decrease in comparison to the previous twelve months. In the same 180 days, 11 properties have closed escrow in the area, 8 of which were single family residences, and the remaining 3 of which were condos or townhomes. The single family residences in Farnam had an average list price of $1,258,118 and were on the market for 27 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 1335, with the average price per square foot sitting at $883. The median sold price for a three bedroom home in the area was $1,190,000, compared with $1,253,000 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 -4% 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 1 single family residences for sale in Farnam in addition to 0 condos and townhomes, all of which are averaging 9 days on the market. Of the single family residences, the average list price is sitting at $1,350,000 – 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.

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