In April 2018, there were 42 homes sold, with a median sale price of $234,000 - a 5.3% decrease over the $247,000 median sale price for the same period of the previous year. There were 51 homes sold in Farmington in April 2017.
The median sales tax in Farmington for the most recent year with available data, 2014, was $2,592, approximately 1.1% of the median home sale price for April 2018.
The following table compares Farmington to other Dakota County cities with similar median sales prices in April 2018:
| City | Apr. 2018 Home Sales | Apr. 2017 Home Sales | % change (Total Home Sales) | Apr. 2018 Median Sales Price | Apr. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hampton | 1 | 2 | -50% | $275,000 | $252,500 | 8.9% |
| Rosemount | 38 | 43 | -11.6% | $260,656 | $229,500 | 13.6% |
| Apple Valley | 81 | 81 | 0% | $255,000 | $225,000 | 13.3% |
| Inver Grove Heights | 54 | 54 | 0% | $240,000 | $196,750 | 22% |
| Eagan | 81 | 73 | 11% | $240,000 | $275,000 | -12.7% |
| Farmington | 42 | 51 | -17.6% | $234,000 | $247,000 | -5.3% |
| Northfield | 6 | 5 | 20% | $226,950 | $177,900 | 27.6% |
| Hastings | 40 | 39 | 2.6% | $224,500 | $181,000 | 24% |
| West St. Paul | 26 | 28 | -7.1% | $223,611 | $200,000 | 11.8% |
| South St. Paul | 41 | 23 | 78.3% | $216,601 | $192,500 | 12.5% |
| Nininger | 1 | 4 | -75% | $215,000 | $325,000 | -33.8% |
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