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Investment Properties for Sale in Farmington, Utah
Farmington sits in the middle of the Davis County corridor about 17 miles north of downtown Salt Lake City, and it has quietly become one of the more interesting investment markets along the Wasatch Front. The pull here is specific: Station Park's open-air shopping and office campus, the FrontRunner commuter rail stop that runs into Salt Lake and up to Ogden, Lagoon amusement park, and a short drive to Hill Air Force Base employers in Layton and Clearfield. Tenant demand skews toward families chasing Davis School District boundaries and younger professionals who want SLC access without SLC prices. Median home prices in Farmington generally run higher than the county average — frequently in the $650K-$900K range for single-family — which compresses cap rates but tends to produce steady appreciation and very short vacancy windows.
For investors, the playbook in Farmington usually looks like long-term single-family rentals, townhomes in newer developments like Farmington Ranches or near Station Park, or homes with a legal basement apartment that allow house-hacking or dual-income strategies. Short-term rental rules are restrictive, so most buyers underwrite on 12-month leases. The city's growth plan keeps adding rooftops west of I-15 and along Shepard Lane, which has helped rents climb steadily over the last several years. Browse the active listings below to see which Farmington properties are currently on the market and pencil out for an investor profile.
May 2026 · Farmington market
Live from the Utah MLS — what's actually happening in Farmington right now.
Median sale
$740,000
19 closed in May 2026
Median DOM
3 days
listing → contract
Sale-to-list
98.5%
of final list price
Unsold inventory
70
active + pending
2 matching · page 1 of 1
Active listings
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Common questions
About investment properties in Farmington.
Does Farmington allow short-term rentals like Airbnb? ▾
Farmington City restricts short-term rentals (under 30 days) in most residential zones, and operators need a business license plus compliance with nuisance and parking rules. Long-term rentals (30+ days) are the standard play here. Always confirm the specific zone with Farmington City before writing an offer if STR income is part of your plan.
What kind of rents do single-family homes pull in Farmington? ▾
A typical 3-bed/2-bath single-family rental in Farmington runs roughly $2,200-$2,800/month depending on age, garage, and finish level. Newer builds in Farmington Station and near Station Park push toward the top of that range. Townhomes generally rent in the $1,800-$2,400 band.
Are duplexes or small multifamily properties available here? ▾
Inventory is limited. Farmington is zoned heavily for single-family and planned communities, so true duplexes and 4-plexes rarely come to market. Most investors here buy single-family homes, townhomes, or basement-apartment properties with a legal accessory dwelling unit.
What's driving rental demand in Farmington right now? ▾
Lagoon, Station Park (1.2M sq ft of retail and offices), the FrontRunner commuter rail stop, and easy access to both Salt Lake and Hill Air Force Base in Layton. Davis School District is also a major draw for family renters. Vacancy times tend to be short — often under three weeks for well-priced homes.
Are basement apartments (ADUs) legal in Farmington? ▾
Internal accessory dwelling units are allowed in many Farmington residential zones with a permit, owner-occupancy requirement, and parking standards met. Detached ADUs face tighter restrictions. Buying a home with an existing legal basement apartment is one of the more common cash-flow strategies in this city.
How do property taxes and HOA fees affect returns here? ▾
Davis County property tax rates run around 0.55-0.65% of market value, lower than many states but worth modeling carefully. Newer Farmington subdivisions (Farmington Ranches, Oakridge, Shepard Farms) often carry HOAs in the $40-$120/month range. Factor both into your cap rate before pulling the trigger.