Data as of July 2026. Source: Realtor.com.
The FARMINGTON, NM real estate market (87402) currently shows 44 active listings, with 21 pending sales. Homes are averaging 36 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 36 days on market compared to 51 days last year.
The median listing price has fallen 25.1% year-over-year, from $515,950 to $386,500.
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 July 2026, there are 44 active listings in FARMINGTON, NM (zip code 87402), compared to 51 the prior year.
The median listing price in FARMINGTON, NM 87402 is $386,500 as of July 2026, a 25.1% decrease from $515,950 the prior year.
Homes in FARMINGTON, NM 87402 spend an average of 36 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of July 2026, FARMINGTON, NM 87402 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 36 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMINGTON, NM 87402 save an estimated $7,730 compared to a typical 5% commission on the median listing price of $386,500. 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.