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The latest January 2026 Farmington, MN data shows shifting days on market and steady list prices.

Nick Johnson

The latest January 2026 Farmington, MN data shows shifting days on market and steady list prices.

If you are eyeing a move or listing in Farmington, MN, USA, MN, the January 2026 report has timely news. The market saw a median sold price of $392,500 and a median list price that remains unchanged at $465,000. The subtle increase in months of inventory, up to 2.26, means more homes for buyers, yet sellers find value stability with a 99.1 percent sale-to-list ratio. Looking at affordable homes in Farmington, MN, USA, MN this January 2026? It is a wise moment to evaluate.

With median days on market now at 24—a 41 percent jump—buyers have more breathing room, but agents must coach sellers toward patience. A strong median property value, plus the enduring equity build over the past three years, should reassure those looking to trade. Is it a good time to buy in Farmington, MN, USA, MN? Expanded choice suggests yes, but acting decisively on homes priced for today is equally smart.

Farmington, MN Inventory and Sales in January 2026

Market velocity matters this January. Ten new listings, ten closed, and ten pending sales drive ongoing movement. Buyers benefit from this range, while sellers who adapt to headline trends can still achieve rapid closes. The average price per square foot for closed homes steadies near $192, while active listings hover at $184—a nod to real market appreciation and a call for sharp negotiation tactics among competitive offers. For those tracking the market, knowing how to sell your house fast in Farmington, MN, USA, MN means analyzing these patterns daily.

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Maximizing Outcomes for Buyers and Sellers

The $237,000 to $799,000 spread, plus 10 distressed property listings lately, gives every party a real stake in this season’s activity. Investing or moving up, success depends on staying grounded in the trends. A frequently asked question this month is how rising days on market will impact pricing. Nick Johnson recommends sharp readiness both in competitive bids and attractive staging.

Key January 2026 Metrics for Farmington, MN

  • Median Sold Price: $392,500
  • Median List Price: $465,000
  • Closed to List Price: 99.1 percent
  • Median Days on Market: 24

Action Steps in the Current Market

Farmington, MN, USA, MN through January 2026 rewards preparation and partnership. Stock is up, values hold steady, and tools exist for every side to win—provided they move with confidence and rely on expert, data driven advice throughout their journey.

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