Data as of September 2026. Source: Realtor.com.
The FARMINGTON, MN real estate market (55024) currently shows 209 active listings, with 64 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 40 days on market compared to 36 days last year.
The median listing price has fallen 10.5% year-over-year, from $464,993 to $416,225.
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 September 2026, there are 209 active listings in FARMINGTON, MN (zip code 55024), compared to 170 the prior year.
The median listing price in FARMINGTON, MN 55024 is $416,225 as of September 2026, a 10.5% decrease from $464,993 the prior year.
Homes in FARMINGTON, MN 55024 spend an average of 40 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FARMINGTON, MN 55024 is currently a Buyer's Market. Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, MN 55024 save an estimated $8,325 compared to a typical 5% commission on the median listing price of $416,225. 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.