55024 Home Values & Market Trends
There are 776 homes currently listed for 55024. 55024 real estate market trends show that home prices range from $79,900 to $2,250,000, and the median sales price in the 55024 zip code is $380,379. The total number of properties sold within the past twelve months is 672. In 55024, 25 properties are in foreclosure, 7 are bank owned properties,and 18 are headed for auction.
55024 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Farmington | $ 380,379 $ 186/sqft |
Housing Market Summary for 55024
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $390K | $400.5K | 2.69% |
| Median Sold Price | $391.4K | $351K | -10.32% |
| Homes For Sale | 548 | 775 | 41.42% |
| Homes Sold | 190 | 167 | -12.11% |
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 $380,379. A total of 776 properties are for sale, and the percentage of properties for sale in the zip code is 776.00%. The total count of 55024 properties is 991.
- 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 $478,958 in farmington to the lowest value of $198,425 in farmington. Bank owned homes and properties account for 0.71% of properties in 55024. There is 1 cities within 55024; farmington containing 7 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsfarmington has 18 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 1.82% 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 $525,968 in farmington to the lowest value of $171,415 in farmington.
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More Real Estate Resources for 55024
Guide for 55024
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
