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City / Town Overview

Farmington, NM

Aggregate real estate market report across all ZIPs in scope
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
145
vs 145 last year
Pending
56
39% pending ratio
Median Price
$382,931
⇧ 3.1% vs $371,557 last year
Average Price
$473,734
⇩ 3.2% vs $489,293 last year
Days on Market
78.1
⇩ 0.4% vs 78 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Farmington, NM real estate market currently shows 145 active listings, with 56 pending sales. Homes are averaging 78.1 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 78.1 days on market compared to 78.4 days last year.

The median listing price has risen 3.1% year-over-year, from $371,557 to $382,931.

Whether you are buying or selling in Farmington, NM, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Farmington: 87401, 87402, 87499

Market Context

ZIP coverage: 3  ·  Population: 57,628  ·  Median household income: $55,960

Typical home value: $201,071  ·  Homeownership rate: 64.8%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings