Housing market · ZIP 55024

Farmington, MN Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$403,329

3-month0.0%

6-month+0.9%

12-month+1.4%

Touse 12-month forecast

+0.8%

Projected median near $406,480 over the next 12 months

As of April 2026, the median home value in Farmington, MN (ZIP 55024) is $403,329. Prices are stable, up 1.4% over the past year. Touse's model projects a +0.8% change over the next 12 months, putting the median near $406,480.

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Nearby areas in Dakota

Castle Rock 55010 Hampton 55031 Hastings 55033 Lakeville 55044 Randolph 55065 Rosemount 55068 South Saint Paul 55075 Inver Grove Heights 55076

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.