Data as of July 2026. Source: Realtor.com.
The FARMINGTON, MN real estate market (55024) currently shows 210 active listings, with 71 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 39 days on market compared to 38 days last year.
The median listing price has fallen 2.4% year-over-year, from $474,975 to $463,725.
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 July 2026, there are 210 active listings in FARMINGTON, MN (zip code 55024), compared to 184 the prior year.
The median listing price in FARMINGTON, MN 55024 is $463,725 as of July 2026, a 2.4% decrease from $474,975 the prior year.
Homes in FARMINGTON, MN 55024 spend an average of 39 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of July 2026, FARMINGTON, MN 55024 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, MN 55024 save an estimated $9,275 compared to a typical 5% commission on the median listing price of $463,725. 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.