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Median Home Price in Farmington, MN

The median home value in Farmington, MN is $406,892 as of 2026-06-30, up 1.44% from a year earlier.

Median Home Value

$406,892

Year-over-Year

+1.44%

Population

23,995

Farmington ranks #29 of 112 Minnesota cities tracked here by median home value, and sits 13.8% above the state's city median of $357,406. It sits in Dakota County, where the county-wide median is $402,628.

Crime in Farmington

Farmington police recorded a violent crime rate of 79 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 333 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Farmington

How much does a house cost in Farmington, MN?

The median home value in Farmington is $406,892. That's up 1.44% from a year earlier. That is about 13.8% above the typical county in Minnesota.

Is Farmington expensive compared to the surrounding area?

Homes in Farmington are more expensive than Dakota County as a whole, where the median is $402,628 — a difference of about 1.1%.

Is Farmington a safe place to live?

Farmington police reported 79 violent crimes per 100,000 residents, covering a population of about 23,995. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in MN

Forest Lake · Maple Grove · Shakopee · Eagan · Cottage Grove · Wyoming · Elk River · Northfield