Median home prices in Farmington rose to $311,500 in April 2021

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The median sale price of a home sold in April 2021 in Farmington rose by $15,500 while total sales increased by 15.4%, according to

In April 2021, there were 30 homes sold, with a median sale price of $311,500 - a 5.2% increase over the $296,000 median sale price for the same period of the previous year. There were 26 homes sold in Farmington in April 2020.

The median sales tax in Farmington for the most recent year with available data, 2020, was $3,822, approximately 1.2% of the median home sale price for April 2021.

The following table compares Farmington to other Dakota County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Apple Valley6171-14.1%$315,000$255,00023.5%
West St. Paul19185.6%$300,000$264,90013.3%
Inver Grove Heights37355.7%$290,000$243,00019.3%
Mendota Heights718-61.1%$275,000$330,000-16.7%

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