Farmington Real Estate

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Farmington, Minnesota
Average Home Sizes and Asking Prices

Updated On: June 20, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55024 2,400 sf $391,000 2,000 sf $285,000 66 1,900 sf $233,000 1,400 sf $181,000 24


55024 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  40   $274k
 1 Year Ago  31   $284k
 6 Months Ago   14   $301k
 Today  18   $296k
*Averaged for 3 bedroom active listings



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

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 June 12th, 2018: homes priced around $284,582 compared to $297,136 the previous week, showing a decrease of less than -4%.  For Tuesday, June 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.55%; the 15 year fixed rate is at 4.00%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.02%, while the 15 year jumbo rate currently is at 4.49%.

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