Foreclosure for Sale on 2nd St, Farmington, MN 55024

Foreclosures › Minnesota › Dakota › Farmington › 2nd St
Bank-owned REO foreclosure property at 2nd St, Farmington, MN 55024. 2 bed 1 bath Dakota County foreclosure listing.
Foreclosure (REO) Active 103 days on market
2nd St, Farmington, MN 55024
Price TBD
Dakota County · Minnesota
2
Bedrooms
1
Bathrooms
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 2
Bathrooms 1
County Dakota County
State Minnesota
ZIP 55024
Days on Market 103 days
Listing ID 65507998
About this property

This Farmington, MN property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

📊 Dakota County Market · Updated daily
Active Listings
635
Avg. Est. Value
$237,403
Bank-Owned (REO)
110
Pre-Foreclosures
525

73 active foreclosure listings in Farmington, MN.

Browse all Dakota County foreclosures →
❓ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Dakota County foreclosures for additional guidance on the purchase process.
There are currently 73 active foreclosure listings in Farmington, MN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Farmington, MN Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 55024 · U.S. Census ACS
Population
36,697
Median Age
35.6 yrs
Households
12,458
Median Household Income
$116,536
Median Home Value
$329,600
Median Rent
$1,275/mo
Owner-Occupied
88% of homes
Vacancy Rate
2% of units
Unemployment Rate
3.2%

~21% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 55024
🏫 Elementary
AKIN ROAD ELEMENTARY
Grades Pre-K–5·FARMINGTON ZIP 55024
FARMINGTON ELEMENTARY
Grades Pre-K–5·FARMINGTON ZIP 55024
🏫 Middle
Farmington Online - Middle
Grades 6–8·FARMINGTON ZIP 55024
🎓 High
DAKOTA PRAIRIE AREA LEARNING CENTER
Grades 8–12·FARMINGTON ZIP 55024

Source: NCES CCD 2024–25 · nces.ed.gov

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