The Central Farmington housing market is very competitive. The median sale price of a home in Central Farmington was $295K last month, down 18.4% since last year. The median sale price per square foot in Central Farmington is $156, down 4.6% since last year.
What is the housing market like in Central Farmington today?
In January 2025, Central Farmington home prices were down 18.4% compared to last year, selling for a median price of $295K. On average, homes in Central Farmington sell after 47 days on the market compared to 61 days last year. There were 17 homes sold in January this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$295,000
-18.4% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Central Farmington, MN
$295,000
-18.4%
United States
To compare other locations to the Central Farmington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Farmington add value to a home.
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Work with the best agents in Central Farmington
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How hot is the Central Farmington housing market?
Central Farmington is very competitive. Homes sell in 34.5 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 35 days.
Hot homes
can sell for around list price and go pending in around 16 days.
Learn about schools in the Central Farmington area
Elementary
Middle
High
GreatSchools Rating
7/10
Meadowview Elementary School
Public • PreK-5
684
Students
2 reviews
4/10
Riverview Elementary School
Public • PreK-5
755
Students
3 reviews
NR
Gateway Academy
Public • 4-8
36
Students
2 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Central Farmington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Farmington.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Farmington has a minor risk of flooding. 70 properties in Central Farmington are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Central Farmington. Flood risk is increasing slower than the national average.
24% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Farmington has a moderate risk of wildfire. There are 370 properties in Central Farmington that have some risk of being affected by wildfire over the next 30 years. This represents 24% of all properties in Central Farmington.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Central Farmington has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Central Farmington is most at risk from tornadoes. 1,500 properties in Central Farmington have some risk of being in a severe wind event within the next 30 years.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Central Farmington has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Central Farmington have a Minor Heat Factor®.
Central Farmington is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Central Farmington is expected to experience 8