Is Farmington, WV 26571 a buyer’s or seller’s market?
Farmington is a seller’s market. With about 2.6 months of supply and 20% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Farmington housing market right now
In the three months ending August 31, 2026, 20% of homes in Farmington, WV 26571 sold above their list price, the typical home went under contract in 75 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (22 days then) and the median sale price fell 83% to $29,987. Overall, Farmington is less competitive than a year ago, which gives buyers more room.
Within Marion County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Worthington 26591 (0% sold over asking) or Idamay 26576 (0% sold over asking), while Rivesville 26588 (50% sold over asking) and Mannington 26582 (25% sold over asking) are even more competitive.
Run the numbers for 26571
Nearby markets
Barrackville 26559 $145 /sq ftFairmont 26554Seller’s market $151 /sq ftIdamay 26576 $67 /sq ftMannington 26582Buyer’s market $119 /sq ft Browse all markets →Towns like Farmington nearby
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Questions about Farmington real estate
Is Farmington a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Farmington, WV 26571 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Farmington?
The typical home went under contract in 75 days in the latest three months.
Do homes in Farmington sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 91.7% of the list price.
What are property taxes in Farmington?
About 0.59% of a home’s value a year in Marion County, or roughly $2,360 on a $400,000 home.
What is the median home price in Farmington?
The median sale price was $29,987 in the three months ending August 31, 2026, about $28 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology