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    Farmington, MN Residential Land & Home Lots for Sale

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    Lakeville, MN Rosemount, MN Apple Valley, MN
    Acreage Lot in Central Farmington
    $195,000
    1.00 Acre

    Acreage Lot in Central Farmington

    5305 190th Street W, Farmington, MN 55024

    One acre lot with mature trees and city utilities.

    • Full 1 Acre Lot in Central Farmington Location
    • City Water and Sewer Connections Available
    • No Covenants or HOA Restrictions
    • Mature Trees and Gentle, Flat Terrain
    • Custom Build Options Available with Hebert Homes
    Updated: Feb 27
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    Land Parcel in Castle Rock
    $144,900
    3.62 Acres

    Land Parcel in Castle Rock

    Farmington, MN 55024

    3.62-acre parcel with river frontage near Farmington, Minnesota.

    • 3.62‑acre parcel offers privacy and space in a rural setting.
    • No covenants or deed restrictions provide open builder flexibility.
    • Approximately 60 feet of frontage on the South Fork of the Vermillion River.
    • Utilities are available along the road for easy development.
    • Mostly high‑ground property with a nice potential building site on the northern half.
    Updated: Apr 7
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    Residential Land in Empire Twp
    $150,000
    0.28 Acres

    Residential Land in Empire Twp

    Land available in Deer Creek development, Empire Township, Minnesota.

    Farmington, MN 55024
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Burnsville Land: Build Your Dream
    $214,900
    1.99 Acres

    Burnsville Land: Build Your Dream

    Large, secluded 1.99-acre lot in Burnsville ready for development.

    155xx Loop Road S, Burnsville, MN 55306
    View details
    Burnsville Land Ready to Build
    $158,000
    0.43 Acres

    Burnsville Land Ready to Build

    Nearly half-acre lot in Burnsville, ready for your dream home.

    13420 Nicollet Lane, Burnsville, MN 55337
    View details
    Residential Lot in Berres Ridge
    $223,900
    0.26 Acres

    Residential Lot in Berres Ridge

    Vacant lot in Lakeville's desirable Berres Ridge neighborhood.

    19517 Hammock Avenue, Lakeville, MN 55044
    View details
    Residential Lot in Knob Hill
    $159,900
    0.45 Acres

    Residential Lot in Knob Hill

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

    5969 Upper 179th Street W, Lakeville, MN 55044
    View details

    Farmington, MN Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 3 residential land & home lots for sale in Farmington, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $489,900.

    Sale prices for home sites in Farmington, MN start at $144,900, averaging $163,300, and reaching up to $195,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Farmington.

    Top Commercial Asset Segments

    Commercial land 4
    Residential land & home lots 3
    Agricultural land / Farmland 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    55024 $163.3K

    Taxes & Financing

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

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