The median home value in Farmington, MN is $398,740. This is higher than the county median home value of $352,700. The national median home value is $338,100. The average price of homes sold in Farmington, MN is $398,740. Approximately 84.44% of Farmington homes are owned, compared to 13.47% rented, while 2.1% are vacant. Farmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington real estate agent to arrange a tour today!
Farmington, Minnesota has a population of 23,253. Farmington is more family-centric than the surrounding county with 39.7% of the households containing married families with children. The county average for households married with children is 34.41%.
The median household income in Farmington, Minnesota is $105,394. The median household income for the surrounding county is $93,892 compared to the national median of $69,021. The median age of people living in Farmington is 34.6 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 6.1 degrees. The average rainfall is approximately 32.4 inches per year, with 44.9 inches of snow per year.