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    Farmington, MN
    Residential

    Farmington, MN Residential Land & Home Lots for Sale

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    Residential Development Home Lot
    Updated: Feb 20
    Residential Development Home Lot

    19740 Burlington Path, Farmington, MN 55024

    $150,000
    0.28 AC lot
    New development Deer Creek in Empire Township
    Easy access to Hwy 3 and Biscayne
    Lot reservations available now
    Finished model home at 1772 Spruce St, Farmington
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    Residential Sites in Farmington
    Updated: Nov 19, 2025
    Residential Sites in Farmington

    220th St W & Pilot Knob, Farmington, MN 55024

    Contact for pricing
    87.17 AC lot
    Great residential sites
    Located near schools
    Located near parks
    Located near retail
    220th St will be extended
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Farmington, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Lot in Berres Ridge
    Residential Lot in Berres Ridge

    8031 196th Street W, Lakeville, MN 55044

    $194,900
    0.25 AC lot

    Vacant lot in Lakeville's desirable Berres Ridge neighborhood.

    View details
    Residential Lot in Knob Hill
    Residential Lot in Knob Hill

    5969 Upper 179th Street W, Lakeville, MN 55044

    $159,900
    0.45 AC lot

    Residential lot for sale in Lakeville, Minnesota, ready to build.

    View details
    Land
    Land

    13830 S Robert Trl, Rosemount, MN 55068

    $600,000

    Residential land & home lots

    View details
    Residential Land in Rosemount, MN
    Residential Land in Rosemount, MN

    Akron Ave & 145th St W, Rosemount, MN

    Contact for pricing
    13.10 AC lot

    13.10 acres of residential land with high-density zoning.

    View details

    Farmington, MN Residential Land & Home Lots Market Trends and Statistics

    Explore 2 residential land & home lots for sale in Farmington, MN on our real estate platform. These investment opportunities span a total of 3,809,322 square feet of properties for sale, with an estimated market value of $150,000.

    Sale prices for home sites in Farmington, MN average $150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 4
    Agricultural land / Farmland 3
    Residential land & home lots 2
    Industrial land 1
    Mining land & claims 1

    Demographics Overview

    Population 37K
    Population Growth (5Y) +4.7%
    Median Household Income $123,582
    College Educated 45.6%

    High-Yield Neighborhoods for Investment

    Identify Farmington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55024 $150K

    Taxes & Financing

    Tax Rate (average for all types) 2.33%
    Property Tax per SF $27.55 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dakota County

    New Delisted

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