Foreclosure for Sale on Lilac Ln, Farmington, MN 55024

Foreclosures › Minnesota › Dakota › Farmington › Lilac Ln
Pre-foreclosure property at Lilac Ln, Farmington, MN 55024. 2 bed 2 bath 1,844 sq ft Dakota County foreclosure listing.
Pre-foreclosure Active 103 days on market
Lilac Ln, Farmington, MN 55024
Price TBD
Dakota County · Minnesota
2
Bedrooms
2
Bathrooms
1,844
Sq ft
2002
Year built
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Property details
Listing type Preforeclosure
Property type Townhouse
Bedrooms 2
Bathrooms 2
Living area 1,844 sq ft
Year built 2002
County Dakota County
State Minnesota
ZIP 55024
Days on Market 103 days
Listing ID 65635095
About this property

This home in Farmington, MN is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

📊 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 pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection — often at a price below market value.
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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