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Farmington Market Report

$302,981

AVERAGE PRICE OF 109 HOMES

$181,800

AVERAGE PRICE OF 3 DISTRESSED HOMES

$350,286

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$349,385

AVERAGE PRICE OF 2 HOMES WITH A POOL

$291,799

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $302,981
Avg Bedrooms 3.43 beds
Avg Bathrooms 2.6 baths

Average Price by Bedrooms

1 bedroom $98,000
2 bedrooms $208,110
3 bedrooms $277,611
4 bedrooms $345,991
5 bedrooms $394,282
Farmington Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 129 134 139 144 150
Average Price $303,855 $307,181 $309,367 $312,703 $301,953
Avg Price Change -1.09% -0.71% -1.08% +3.56% -1.21%
Median Price $306,383 $309,513 $304,667 $308,650 $291,871
Med Price Change -1.02% +1.59% -1.31% +5.75% +0.41%
Avg Bedrooms 3.35 beds 3.43 beds 3.55 beds 3.55 beds 3.46 beds
Avg Bathrooms 2.61 baths 2.63 baths 2.61 baths 2.64 baths 2.58 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 109 $302,981 68 days
Distressed Homes 3 $181,800 68 days
Newly Built Homes 16 $350,286 183 days
Homes with a Pool 2 $349,385 14 days
Reduced Price Homes 5 $291,799 27 days
Jason Huerkamp
14300 Nicollet Court # 208
Burnsville, MN 55306
612-314-6330

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2019Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated November 17, 2019