Data as of March 2026. Source: Realtor.com.
The FARMINGTON, MN real estate market (55024) currently shows 157 active listings, with 66 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are selling faster, averaging 48 days on market compared to 51 days last year.
The median listing price has fallen 2.6% year-over-year, from $477,500 to $464,950.
Whether you are buying or selling in FARMINGTON, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 36,697 · Density: 166.5/mi² · Median household income: $116,536
Typical home value: $329,150 · Homeownership: 88.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55024 | Farmington, MN 55024 | 0.0 mi | 139 | $65,235,202 | $469,889 | $469,318 |
| 55065 | Randolph, MN 55065 | 8.0 mi | 3 | $1,487,301 | $499,900 | $495,767 |
| 55031 | Hampton, MN 55031 | 8.5 mi | 5 | $1,728,365 | $299,900 | $345,673 |
| 55306 | Burnsville, MN 55306 | 10.5 mi | 37 | $15,126,155 | $388,175 | $408,815 |
| 55054 | Elko New Market, MN 55054 | 11.3 mi | 31 | $14,565,040 | $457,995 | $469,840 |
| 55123 | Saint Paul, MN 55123 | 12.2 mi | 52 | $34,577,712 | $467,175 | $664,956 |
| 55122 | Saint Paul, MN 55122 | 12.5 mi | 54 | $17,905,266 | $318,600 | $331,579 |
| 55088 | Webster, MN 55088 | 14.0 mi | 5 | $3,543,375 | $708,675 | $708,675 |
| 55378 | Savage, MN 55378 | 14.3 mi | 87 | $48,081,333 | $451,944 | $552,659 |
| 55076 | Inver Grove Heights, MN 55076 | 15.1 mi | 51 | $17,286,399 | $299,900 | $338,949 |
| 55121 | Saint Paul, MN 55121 | 15.1 mi | 12 | $3,344,472 | $272,425 | $278,706 |
| 55019 | Dundas, MN 55019 | 15.8 mi | 10 | $3,989,500 | $416,225 | $398,950 |
| 55018 | Dennison, MN 55018 | 16.2 mi | 1 | $1,375,000 | $1,375,000 | $1,375,000 |
As of March 2026, there are 157 active listings in FARMINGTON, MN (zip code 55024), compared to 150 the prior year.
The median listing price in FARMINGTON, MN 55024 is $464,950 as of March 2026, a 2.6% decrease from $477,500 the prior year.
Homes in FARMINGTON, MN 55024 spend an average of 48 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FARMINGTON, MN 55024 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, MN 55024 save an estimated $9,299 compared to a typical 5% commission on the median listing price of $464,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.