Farmington Real Estate

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Farmington, Minnesota
Average Home Sizes and Asking Prices

Updated On: December 13, 2018
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
55024 2,500 sf $354,000 1,800 sf $312,000 68 1,800 sf $198,000 1,400 sf $177,000 12


55024 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  23   $244k
 1 Year Ago  16   $311k
 6 Months Ago   18   $296k
 1 Month Ago  24   $298k
 Today  19   $284k
*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 December 13th, 2018: homes priced around $312,250 compared to $282,686 the previous week, showing a increase of more than +9%.  For Thursday, December 13th, 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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