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Median sale price
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Farmington, MN: housing market trends

The median home sale price in Farmington, MN was $384,817 for the three-month period ending September 2026. Sale prices were 1.8% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$384,817
three-month period ending September 2026
Median sale price per sq ft
$194.52
three-month period ending September 2026
Active listings
276
three-month period ending September 2026
Typical monthly rent
$1,873
Rent index · August 2026

How is housing inventory changing?

There were 276 active listings for the three-month period ending September 2026. Active listings were 15.0% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 30 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Farmington, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$384,817$194.52139
Single-familySeptember 2026$424,831$203.79103
TownhousesSeptember 2026$298,754$173.4833
Condos / co-opsSeptember 2026$208,979$211.834 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Farmington, MN
MarketMedian sale priceReporting period / source
Lakeville, MN$491,000Month ending July 2026 · Zillow
Apple Valley, MN$380,000Month ending July 2026 · Zillow
Rosemount, MN$430,0033 months ending September 2026 · Redfin
Hampton, MN$450,0003 months ending July 2026 · Redfin
Burnsville, MN$379,000Month ending July 2026 · Zillow
Vermillion, MN$460,0003 months ending June 2025 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Farmington, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$384,817$194.52276
August 2026$375,000$193.87290
July 2026$386,250$189.22286
June 2026$385,000$185.48277
May 2026$387,000$191.99265
April 2026$369,950$193.93239
March 2026$364,900$195.99226
February 2026$399,000$193.14199
January 2026$450,000$195.79191
December 2025$416,000$193.01210
November 2025$405,000$192.52217
October 2025$374,500$186.29226
September 2025$392,000$188.60240
August 2025$400,000$193.34257
July 2025$390,000$194.96266
June 2025$386,000$195.43258
May 2025$371,000$189.55257
April 2025$377,750$182.69221
March 2025$372,000$179.68206
February 2025$404,848$178.23191
January 2025$410,000$183.59200
December 2024$401,215$193.17194
November 2024$398,870$195.17229
October 2024$398,740$196.43230

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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