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market report · 55024
Farmington, MN · 55024
115 active listings$424,900 median ask$2,544 est. rent0.6% price/rent
$424,900
Median list price
$2,544/mo
Estimated rent
0.6%
Price / rent ratio
115
Listings
FHFA home price index · 2016–2025
58.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.33
Median rent / sqft
114 comps
$199.81
Median sold / sqft
114 comps
—
Walkability
3.9%
Area unemployment
BLS LAUS
Median household income $127,280 · median home value $378,700 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 64).
7 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
5845 176th St, Farmington, MN 55024
Farmington, MN
$95,000$1,829/mo1.9%
718 Heritage Way, Farmington, MN 55024
Farmington, MN
$199,900$2,003/mo1%
5675 200th St, Farmington, MN 55024
Farmington, MN
$249,900$2,406/mo1%
5221 Robin Ln, Farmington, MN 55024
Farmington, MN
$220,000$2,053/mo0.9%
1244 Willow Trl, Farmington, MN 55024
Farmington, MN
$220,000$2,005/mo0.9%
17210 Embers Ave, Farmington, MN 55024
Farmington, MN
$300,000$2,683/mo0.9%