Farmington Real Estate

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Farmington, Minnesota
Average Home Sizes and Asking Prices

Updated On: May 16, 2012
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55024 2,300 sf $270,000 1,800 sf $189,000 120 1,900 sf $126,000 1,400 sf $103,000 31


55024 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  65   $221k
 1 Year Ago  58   $178k
 6 Months Ago   60   $188k
 1 Month Ago  40   $190k
 Today  43   $228k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 55024


Sold Price History in 55024
55024 sold real estate 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 May 14th, 2012: homes priced around $188,700 compared to $185,538 the previous week, showing a increase of more than +2%.  For Wednesday, May 16th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.02%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Farmington MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Farmington to help you find the best home!


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