Data as of April 2026. Source: Realtor.com.
The FARMINGTON, MN real estate market (55024) currently shows 185 active listings, with 80 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.
Homes are selling faster, averaging 45 days on market compared to 46 days last year.
The median listing price has fallen 6.6% year-over-year, from $481,250 to $449,490.
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 April 2026, there are 185 active listings in FARMINGTON, MN (zip code 55024), compared to 161 the prior year.
The median listing price in FARMINGTON, MN 55024 is $449,490 as of April 2026, a 6.6% decrease from $481,250 the prior year.
Homes in FARMINGTON, MN 55024 spend an average of 45 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of April 2026, FARMINGTON, MN 55024 is currently a Balanced Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, MN 55024 save an estimated $8,990 compared to a typical 5% commission on the median listing price of $449,490. 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.