Farmington, MN Real Estate Market Summary – September 8, 2026
In Farmington, MN, the market remains active with a total of 50 properties sold in the last 30 days. Homes sold at an average price of $415,692, averaging 2,137 square feet in size. The average days on market for these properties was about 18 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 50 |
| Sold Per Day | 1.67 |
| Average SQFT | 2137 |
| Median Sales Price | $375,000 |
| Average Sales Price | $415,692 |
| Average Price Per SQFT | $200 |
| Average Days on Market | 18 |
| Average Year Built | 2007 |
Farmington, MN Single Family Home Analysis
For single-family homes, 36 properties were sold, with an average sale price of $460,620 and a median price of $432,500. These homes had an average living area of 2,331 square feet and spent approximately 18 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 36 |
| Sold Per Day | 1.20 |
| Average SQFT | 2331 |
| Median Sales Price | $432,500 |
| Average Sales Price | $460,620 |
| Average Price Per SQFT | $207 |
| Average Days on Market | 18 |
| Average Year Built | 2004 |
Farmington, MN Condo & Townhome Analysis
In the condo and townhome segment, 14 properties were sold during this period. The average sale price was $300,161, with an average living area of 1,640 square feet and homes typically remaining on the market for about 18 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 14 |
| Sold Per Day | 1 every 2.14 days |
| Average SQFT | 1640 |
| Median Sales Price | $312,480 |
| Average Sales Price | $300,161 |
| Average Price Per SQFT | $183 |
| Average Days on Market | 17 |
| Average Year Built | 2015 |
Buyer & Seller Analysis
- 36 single-family homes sold at an average of $460,620
- 14 condo/townhome properties sold at an average of $300,161
- Market pace is 1.67 per day across all segments
- Average days on market is around 18 for all properties
- Data reflects transactions and does not disclose sale prices
Conclusion
Overall, the real estate market in Farmington showcases a diverse selection of homes with varying price points. Buyers can find opportunities across different property types, but should be prepared for a relatively fast-paced market.