Farmington
MN
Average Sales Price
$428,155
Median Sales Price
$399,900
Population
38,340
Total Listings
185
Demographics
Data provided by Attom Data
Population
Employment
Population
38.3K
38.3K in 2020
Density
439.4
per square mile
Households
13K
Total households
Gender
50% / 50%
Men Vs Women
Occupancy
88% / 12%
Owned Vs Rented
Age Median: Years
Education Level
Educational Environment
Elementary Schools (6)Middle Schools (3)High Schools (3)
Name
Category
Grades
Library
Ratio
8/10
Farmington Elementary
500 Maple St, Farmington, MN 55024
Public
KG - 5
No
16:1 STUDENTS/TEACHERS
6/10
North Trail Elementary
5580 170th St W, Farmington, MN 55024
Public
KG - 5
No
18:1 STUDENTS/TEACHERS
6/10
Meadowview Elementary
6100 195th St W, Farmington, MN 55024
Public
KG - 5
No
14:1 STUDENTS/TEACHERS
5/10
Akin Road Elementary
5231 195th St W, Farmington, MN 55024
Public
KG - 5
No
18:1 STUDENTS/TEACHERS
5/10
Riverview Elementary
4100 208th St W, Farmington, MN 55024
Public
KG - 5
No
18:1 STUDENTS/TEACHERS
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Amenities & Attractions
Featured Listings
For Sale (134)
Sold (4300)
FAQs
To help you make informed decisions, we've compiled answers to some of the most commonly asked questions.
How much do I need for a down payment on a home?
The amount you need for a down payment depends on the type of loan and your financial situation. While 20% is a common benchmark, many buyers put down less—some conventional loans allow as little as 3%, and FHA loans require just 3.5%.
What's included in my monthly mortgage payment?
What is a 2-1 buydown, and how does it work?
Who pays for the 2-1 buydown—the buyer, the seller, or the lender?
What are closing costs, and how much should I expect to pay?
How does my credit score affect my mortgage rate?
