New Listing
6
$32,000
Nya Santa Fe Ct
Farmington, NM 87401
0 ba
Land11,326 sqft lot
View photos & details
Brokers — List your Company Here
Featured local agent — Farmington, NM
Example placement
Sarah Mitchell
CNESRESABR
Compass Real Estate · Farmington, NM
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Farmington, NM(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Farmington, NM Housing Market & Real Estate
Strong seller's market+0.5% YoY
Housing market overview · Updated monthly ·
$303,875median sale price
How is the Farmington, NM housing market right now?
The median home sale price in Farmington, NM is $303,875, up 0.5% year-over-year. Homes sell in an average of 11 days with 57 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Farmington a buyer's or seller's market?
Strong seller's market1.6 months of supply11 avg. days on market
Farmington, NM is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
36
Last 12 weeks
Days on market
11
Fast-moving
Active listings
57
1.6 months supply
Sale-to-list
—
Below asking
What does the Farmington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $303,875 |
| Median list price | $287,000 |
| Year-over-year price change | +0.5% |
| Average days on market | 11 days |
| Active inventory | 57 listings |
| Months of supply | 1.6 months |
| Median price per sq ft | $184/sq ft |
| Homes sold (latest month) | 36 |
| New listings (latest month) | 56 |
| Listings with a price cut | 28.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Farmington by property type?
How the Farmington, NM market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $307,850 | $184/sq ft | 33 | 18 days |
| Condo / Co-op | $195,000 | $139/sq ft | 1 | 10 days |
| Townhouse | $317,000 | $199/sq ft | 2 | 3 days |
Source: Redfin · Updated monthly
The Farmington housing market is currently classified as a strong seller's market with a median sale price of $303,875. Prices have risen 0.5% compared to last year, with homes spending an average of 11 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Farmington
There are currently 57 homes listed for sale in Farmington, New Mexico. The median listing price is $287K. Featured listings range from $32,000 to $1,390,000.
New Listing
32
$68,000
6408 Castle Pl
Farmington, NM 87402
0 ba
Land23,958 sqft lot
View photos & details
New Listing
40
$195,000
5200 Villa View Dr Apt 18D
Farmington, NM 87402
2 bd3 ba1,272 sqft$153/ft²
Condo3,485 sqft lot
View photos & details
New Listing
67
$299,000
1608 Camino Rio
Farmington, NM 87401
3 bd2 ba1,245 sqft$240/ft²
House8,712 sqft lot
View photos & details
New Listing
40
$299,000
4020 Cedar Dr
Farmington, NM 87402
3 bd2 ba1,616 sqft$185/ft²
House9,148 sqft lot
View photos & details
66
$409,000
901 E Crestview Dr
Farmington, NM 87401
4 bd3 ba2,659 sqft$154/ft²
House22,651 sqft lot
View photos & details
New Listing
33
$425,000
10 Road 6070
Farmington, NM 87401
3 bd2 ba2,271 sqft$187/ft²
House21,344 sqft lot
View photos & details
New Listing
58
$449,900
6010 Arroyo Dr
Farmington, NM 87402
4 bd3 ba2,719 sqft$165/ft²
House7,841 sqft lot
View photos & details
New Listing
22
$458,300
5002 Evergreen Dr
Farmington, NM 87402
3 bd2 ba2,618 sqft$175/ft²
House10,890 sqft lot
View photos & details
New Listing
91
$559,000
4752 Sundance Rd
Farmington, NM 87401
4 bd3 ba2,743 sqft$204/ft²
House16,988 sqft lot
View photos & details
82
$589,000
6304 Old Course Dr
Farmington, NM 87402
4 bd3 ba2,600 sqft$227/ft²
House16,117 sqft lot
View photos & details
New Listing
80
$1,390,000
4202 Saint Michaels Dr
Farmington, NM 87401
5 bd5 ba9,325 sqft$149/ft²
House3.55 acres
View photos & details
Looking to buy in Farmington?
Get connected with a local real estate expert — free, no obligation.
Active listings
57
Homes on market
Median list price
$287K
Avg. days on market
11
Days until sale
New this week
56
Newly listed
Price drops:28.1%of listings
Who lives in Farmington?
Population
46,339
Median income
$63,745/yr
Median age
37 years
Owner-occupied
63.5%
College grads
22.8%
Avg commute
17.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Farmington?
Zillow home value
$286,428
Zillow rent index
$1,341/mo
Price-to-rent ratio
17.8x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Farmington?
Farmington is a community of approximately 46K residents with a median age of 37 years.The median household income is $63,745, which represents a working-class community with solid middle-income opportunities. 22.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.5%, showing a blend of owner and renter-occupied properties. The average commute time is 17.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Farmington offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Farmington?
21 schools tracked · 11,377 students
The largest public schools serving Farmington, NM by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
FARMINGTON HIGH
Grades 9-12 · 1,821 students
PIEDRA VISTA HIGH
Grades 9-12 · 1,591 students
HEIGHTS MIDDLE SCHOOL
Grades 6-8 · 699 students
TIBBETTS MIDDLE SCHOOL
Grades 6-8 · 683 students
HERMOSA MIDDLE SCHOOL
Grades 6-8 · 628 students
COUNTRY CLUB ELEMENTARY
Grades K-5 · 527 students
LADERA DEL NORTE ELEMENTARY
Grades K-5 · 526 students
NORTHEAST ELEMENTARY
Grades K-6 · 521 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Farmington, NM?
Want a head-to-head view? Compare Farmington side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Farmington?
Is Farmington a good real estate investment market?
For investors evaluating Farmington, the price-to-rent ratio of 17.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 0.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Farmington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Farmington's median home price.
Frequently asked questions
What is the average home price in Farmington?
The median home sale price in Farmington is $303,875, up 0.5% from last year.
How long do homes stay on market in Farmington?
Homes typically spend 11 days on market before going under contract.
What is the median income in Farmington?
The median household income is $63,745 per year.
Is Farmington a buyer's or seller's market?
With 1.6 months of supply, Farmington is currently a strong seller's market.
How many homes are for sale in Farmington?
There are currently 57 homes listed for sale in Farmington, NM.
What is the Zillow home value estimate for Farmington?
The Zillow Home Value Index (ZHVI) for Farmington is $286,428, representing the typical home value in the area.
What is the median condo price in Farmington?
The median condo/co-op sale price in Farmington, NM is $195,000, compared to $307,850 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Farmington?
The median single-family home price in Farmington, NM is $307,850 (about $184 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Farmington, NM
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Farmington market alerts
Weekly updates on prices, inventory, and trends. Free forever.