Farmington, NM

Seller's market+31.9% YoY

Housing market overview · Updated weekly

$354,900median sale price

Homes sold

25

Last 12 weeks

Days on market

38

Average pace

Active listings

72

2.9 months supply

Sale-to-list

Below asking

The Farmington housing market is currently classified as a seller's market with a median sale price of $354,900. Prices have risen 31.9% compared to last year, with homes spending an average of 38 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Farmington

There are currently 72 homes listed for sale in Farmington, New Mexico. The median listing price is $367K. Featured listings range from $32,000 to $1,390,000.

land for sale at Nya Santa Fe Ct Farmington 87401 - $32,000
New listing
6
$32,000

Nya Santa Fe Ct

Farmington, NM 87401

0 ba
Land11,326 sqft lot
More about this property
land for sale at 6408 Castle Pl Farmington 87402 - $68,000
New listing
32
$68,000

6408 Castle Pl

Farmington, NM 87402

0 ba
Land23,958 sqft lot
More about this property
2 bedroom condo for sale at 5200 Villa View Dr Apt 18D Farmington 87402 - $195,000
New listing
40
$195,000

5200 Villa View Dr Apt 18D

Farmington, NM 87402

2 bd3 ba1,272 sqft
Condo3,485 sqft lot
Est. $183K
More about this property
3 bedroom house for sale at 1608 Camino Rio Farmington 87401 - $299,000
New listing
67
$299,000

1608 Camino Rio

Farmington, NM 87401

3 bd2 ba1,245 sqft
House8,712 sqft lot
Est. $215K
More about this property
3 bedroom house for sale at 4020 Cedar Dr Farmington 87402 - $299,000
New listing
40
$299,000

4020 Cedar Dr

Farmington, NM 87402

3 bd2 ba1,616 sqft
House9,148 sqft lot
Est. $257K
More about this property
4 bedroom house for sale at 901 E Crestview Dr Farmington 87401 - $409,000
66
$409,000

901 E Crestview Dr

Farmington, NM 87401

4 bd3 ba2,659 sqft
House22,651 sqft lot
Est. $392K
More about this property
3 bedroom house for sale at 10 Road 6070 Farmington 87401 - $425,000
New listing
33
$425,000

10 Road 6070

Farmington, NM 87401

3 bd2 ba2,271 sqft
House21,344 sqft lot
Est. $362K
More about this property
4 bedroom house for sale at 6010 Arroyo Dr Farmington 87402 - $449,900
New listing
58
$449,900

6010 Arroyo Dr

Farmington, NM 87402

4 bd3 ba2,719 sqft
House7,841 sqft lot
Est. $458K
More about this property
3 bedroom house for sale at 5002 Evergreen Dr Farmington 87402 - $458,300
New listing
22
$458,300

5002 Evergreen Dr

Farmington, NM 87402

3 bd2 ba2,618 sqft
House10,890 sqft lot
Est. $451K
More about this property
4 bedroom house for sale at 4752 Sundance Rd Farmington 87401 - $559,000
New listing
91
$559,000

4752 Sundance Rd

Farmington, NM 87401

4 bd3 ba2,743 sqft
House16,988 sqft lot
Est. $564K
More about this property
4 bedroom house for sale at 6304 Old Course Dr Farmington 87402 - $589,000
82
$589,000

6304 Old Course Dr

Farmington, NM 87402

4 bd3 ba2,600 sqft
House16,117 sqft lot
Est. $373K
More about this property
5 bedroom house for sale at 4202 Saint Michaels Dr Farmington 87401 - $1,390,000
New listing
80
$1,390,000

4202 Saint Michaels Dr

Farmington, NM 87401

5 bd5 ba9,325 sqft
House3.55 acres
Est. $1.3M
More about this property

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Active listings

72

Homes on market

Median list price

$367K

Avg. days on market

38

Days until sale

New this week

40

Newly listed

Price drops:16.7%of listings

Explore nearby cities in NM

Frequently asked questions

What is the average home price in Farmington?

The median home sale price in Farmington is $354,900, up 31.9% from last year.

How long do homes stay on market in Farmington?

Homes typically spend 38 days on market before going under contract.

Is Farmington a buyer's or seller's market?

With 2.9 months of supply, Farmington is currently a seller's market.

How many homes are for sale in Farmington?

There are currently 72 homes listed for sale in Farmington, NM.

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