Farmington Real Estate

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Farmington, Minnesota
Average Home Sizes and Asking Prices

Updated On: September 19, 2019
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55024 2,400 sf $405,000 2,300 sf $430,000 73 2,000 sf $246,000 1,300 sf $188,000 26

55024 - 3 Bedroom Homes
# of Listings and Avg Price*
ERROR -- 2018-09-30 not found --ERROR -- 2018-09-30 not found --ERROR -- 2019-04-03 not found --ERROR -- 2019-04-03 not found --ERROR -- 2019-08-31 not found --ERROR -- 2019-08-31 not found --ERROR -- 2019-08-31 not found --
 2 Years Ago  25   $299k
 1 Year Ago  27   $288k
 6 Months Ago   16   $320k
 1 Month Ago  20   $337k
 Today  22   $343k
*Averaged for 3 bedroom active listings

Asking Price in 55024 - 3 Bedroom Single Family Homes
55024 real estate listing price trend

Demographics & Schools Mortgage Calculator Area Map

Farmington Real Estate & Homes for Sale in Minnesota

Welcome to Farmington, Minnesota, a wonderful community located in Dakota County. Farmington is a suburb of the Minneapolis/ Saint Paul area and is largely of residential development. Farmington is host to The Dakota County Fairground.

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Farmington Real Estate Market Info - Prices of Houses for Sale in Farmington

Buyers looking to purchase a home in the pleasant community of Farmington will find that the area predominantly offers listings of single family homes, with a few listings of condos and townhomes. Prices for Farmington's single family homes run the pricing spectrum of $89,900 to $400,000. A 2-bedroom/1.5 bathroom condo or townhome in Farmington starts at $89,900.

Farmington Real Estate Stats and Trends for the week of September 19th, 2019: homes priced around $429,542 compared to $322,697 the previous week, showing a increase of more than +25%.  For Thursday, September 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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