Data as of April 2026. Source: Realtor.com.
The FARMINGTON, NM real estate market (87402) currently shows 45 active listings, with 21 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 57 days on market compared to 52 days last year.
The median listing price has fallen 18.6% year-over-year, from $487,700 to $396,975.
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.
Population: 10,362 · Density: 257.7/mi² · Median household income: $72,869
Typical home value: $263,028 · Homeownership: 76.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 87402 | Farmington, NM 87402 | 0.0 mi | 54 | $27,781,704 | $420,225 | $514,476 |
| 87401 | Farmington, NM 87401 | 4.2 mi | 99 | $47,500,200 | $382,000 | $479,800 |
| 87417 | Kirtland, NM 87417 | 11.4 mi | 3 | $885,000 | $295,000 | $295,000 |
| 87416 | Fruitland, NM 87416 | 21.5 mi | 2 | $480,000 | $240,000 | $240,000 |
| 81326 | Hesperus, CO 81326 | 24.6 mi | 16 | $64,978,640 | $1,545,000 | $4,061,165 |
| 81303 | Durango, CO 81303 | 28.3 mi | 31 | $30,910,596 | $911,750 | $997,116 |
| 81137 | Ignacio, CO 81137 | 34.6 mi | 15 | $8,163,465 | $550,000 | $544,231 |
| 81328 | Mancos, CO 81328 | 36.3 mi | 18 | $20,585,862 | $779,925 | $1,143,659 |
| 81121 | Arboles, CO 81121 | 43.1 mi | 5 | $2,698,750 | $497,500 | $539,750 |
| 81122 | Bayfield, CO 81122 | 50.7 mi | 53 | $52,061,741 | $711,325 | $982,297 |
| 81327 | Lewis, CO 81327 | 57.5 mi | 6 | $5,026,998 | $656,250 | $837,833 |
| 81335 | Yellow Jacket, CO 81335 | 60.7 mi | 5 | $5,399,875 | $585,000 | $1,079,975 |
| 87029 | Lindrith, NM 87029 | 67.5 mi | 0 | $0 | $399,000 | $399,000 |
As of April 2026, there are 45 active listings in FARMINGTON, NM (zip code 87402), compared to 40 the prior year.
The median listing price in FARMINGTON, NM 87402 is $396,975 as of April 2026, a 18.6% decrease from $487,700 the prior year.
Homes in FARMINGTON, NM 87402 spend an average of 57 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of April 2026, FARMINGTON, NM 87402 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 57 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, NM 87402 save an estimated $7,940 compared to a typical 5% commission on the median listing price of $396,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.