55024 Home Values & Market Trends
There are 43 homes currently listed for 55024. 55024 real estate market trends show that home prices range from $210,000 to $1,250,000, and the median sales price in the 55024 zip code is $376,826.06. The total number of properties sold within the past twelve months is 414. In 55024, 18 properties are in foreclosure, 3 are bank owned properties,and 15 are headed for auction.
55024 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Farmington | $ 407,716 $ 175/sqft |
Housing Market Summary for 55024
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $359.9K | $368.8K | 2.46% |
| Median Sold Price | $364.2K | $368.8K | 1.26% |
| Homes For Sale | 45 | 42 | -6.67% |
| Homes Sold | 244 | 204 | -16.39% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 55024
Browse Homes in 55024
The median list price of a home in Farmington, is $376,826.06. A total of 43 properties are for sale, and the percentage of properties for sale in the zip code is 43.00%. The total count of 55024 properties is 11,942.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 55024 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 55024; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 55024 ranges from the highest value of $483,074 in farmington to the lowest value of $308,350 in farmington. Bank owned homes and properties account for 0.03% of properties in 55024. There is 1 cities within 55024; farmington containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsfarmington has 15 auction properties, the highest number of properties going to auction in a single city in the state of 55024. Auction homes and other auction properties account for 0.13% of all properties in 55024. There is 1 cities within 55024; of that cities, the median estimated home value for homes going to auction ranges from $511,907 in farmington to the lowest value of $239,554 in farmington.
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More Real Estate Resources for 55024
Guide for 55024
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