Home Value Trail

States › Minnesota › Dakota County › Farmington

Permit-issuing place

Farmington

Dakota County · Minneapolis-St. Paul-Bloomington, MN-WI · Minnesota · 25,425 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Dakota County index 1975–2025
FHFA house price index for Dakota County, which contains Farmington, 1975 to 2025Recession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 801
Dakota County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Dakota County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

In the 12 months to August 2026, building permits in Farmington, Minnesota, covered 239 housing units (−30.5% year on year); the place lies in Dakota County.

239 of those units were single-family houses (100%), 0 were in two- to four-unit buildings and 0 in buildings of five or more units. That is 9.4 units per 1,000 residents, well above the county's 6.1 and well above the state's 3.8.

Since 1995 the place has authorised 6,308 units, with the busiest year 2002 (566 units). Dakota County's FHFA house price index rose +64.3% over the ten years to 2025.

239units permitted, 12 months to August 2026−30.5% on the previous 12 months
239single-family units100% of the total
0units in 5+ unit buildings0% of the total
9.4units per 1,000 residentsDakota County 6.1 · Minnesota 3.8

Permits by month and structure type

Housing units authorised in Farmington by month, latest 24 months0100200Sep 2024: 9 units (9 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 29 units (29 single-family, 0 in multi-unit buildings)Nov 2024: 6 units (6 single-family, 0 in multi-unit buildings)Dec 2024: 178 units (10 single-family, 168 in multi-unit buildings)Dec 2024Jan 2025: 9 units (9 single-family, 0 in multi-unit buildings)Feb 2025: 5 units (5 single-family, 0 in multi-unit buildings)Mar 2025: 9 units (9 single-family, 0 in multi-unit buildings)Mar 2025Apr 2025: 24 units (24 single-family, 0 in multi-unit buildings)May 2025: 14 units (14 single-family, 0 in multi-unit buildings)Jun 2025: 16 units (16 single-family, 0 in multi-unit buildings)Jun 2025Jul 2025: 11 units (11 single-family, 0 in multi-unit buildings)Aug 2025: 34 units (34 single-family, 0 in multi-unit buildings)Sep 2025: 30 units (30 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 22 units (22 single-family, 0 in multi-unit buildings)Nov 2025: 9 units (9 single-family, 0 in multi-unit buildings)Dec 2025: 14 units (14 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 3 units (3 single-family, 0 in multi-unit buildings)Feb 2026: 22 units (22 single-family, 0 in multi-unit buildings)Mar 2026: 22 units (22 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 24 units (24 single-family, 0 in multi-unit buildings)May 2026: 17 units (17 single-family, 0 in multi-unit buildings)Jun 2026: 18 units (18 single-family, 0 in multi-unit buildings)Jun 2026Jul 2026: 29 units (29 single-family, 0 in multi-unit buildings)Aug 2026: 29 units (29 single-family, 0 in multi-unit buildings)

Housing units authorised in Farmington by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026FarmingtonDakota CountyMinnesotaUnited States
All housing units2392,79122,1581,418,086
Single-family (1 unit)239 (100%)1,548 (55%)12,841 (58%)888,241 (63%)
2 units0231234,814
3–4 units0020117,298
5 or more units0 (0%)1,241 (44%)8,804 (40%)477,733 (34%)
Units per 1,000 residents9.46.13.84.1
Change on previous 12 months−30.5%+25.4%+2.8%−0.1%

Permits by year since 1995

Housing units authorised in Farmington by year, 1995–202502004006001995: 348 units (348 single-family, 0 in multi-unit buildings)19951996: 362 units (360 single-family, 2 in multi-unit buildings)1997: 244 units (244 single-family, 0 in multi-unit buildings)1998: 290 units (290 single-family, 0 in multi-unit buildings)1999: 336 units (294 single-family, 42 in multi-unit buildings)2000: 352 units (302 single-family, 50 in multi-unit buildings)20002001: 484 units (362 single-family, 122 in multi-unit buildings)2002: 566 units (566 single-family, 0 in multi-unit buildings)2003: 542 units (542 single-family, 0 in multi-unit buildings)2004: 228 units (228 single-family, 0 in multi-unit buildings)2005: 198 units (198 single-family, 0 in multi-unit buildings)20052006: 200 units (200 single-family, 0 in multi-unit buildings)2007: 144 units (144 single-family, 0 in multi-unit buildings)2008: 74 units (74 single-family, 0 in multi-unit buildings)2009: 77 units (77 single-family, 0 in multi-unit buildings)2010: 96 units (96 single-family, 0 in multi-unit buildings)20102011: 52 units (52 single-family, 0 in multi-unit buildings)2012: 67 units (67 single-family, 0 in multi-unit buildings)2013: 124 units (122 single-family, 2 in multi-unit buildings)2014: 83 units (83 single-family, 0 in multi-unit buildings)2015: 55 units (55 single-family, 0 in multi-unit buildings)20152016: 136 units (64 single-family, 72 in multi-unit buildings)2017: 44 units (42 single-family, 2 in multi-unit buildings)2018: 36 units (34 single-family, 2 in multi-unit buildings)2019: 38 units (38 single-family, 0 in multi-unit buildings)2020: 82 units (82 single-family, 0 in multi-unit buildings)20202021: 118 units (118 single-family, 0 in multi-unit buildings)2022: 140 units (97 single-family, 43 in multi-unit buildings)2023: 223 units (118 single-family, 105 in multi-unit buildings)2024: 372 units (204 single-family, 168 in multi-unit buildings)2025: 197 units (197 single-family, 0 in multi-unit buildings)2025

Housing units authorised in Farmington by year, 1995–2025single-family2+ unit buildings

6,308 units since 1995; the busiest year was 2002. Annual figures include units imputed for months a place did not report.

Home prices in Dakota County

FHFA's index for Dakota County rose +64.3% over the ten years to 2025 (+5.1% a year) and +1.5% in the latest year, against +71.4% and +2.8% for Minnesota. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Farmington, MN?

239 housing units were authorised by building permits in the 12 months to August 2026, against 344 in the previous 12 months.

What kind of housing is being permitted in Farmington?

239 single-family units, 0 in two-unit buildings, 0 in three- and four-unit buildings and 0 in buildings of five or more units.

How does Farmington compare with its county and state?

9.4 units per 1,000 residents in Farmington, 6.1 in Dakota County and 3.8 in Minnesota.

How have home prices moved in Dakota County?

FHFA's index for Dakota County rose +64.3% over the ten years to 2025 and +1.5% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 238900); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.