Data as of June 2026. Source: Realtor.com.
The FARMINGTON, NM real estate market (87402) currently shows 39 active listings, with 21 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 34 days on market compared to 65 days last year.
The median listing price has fallen 20.5% year-over-year, from $486,225 to $386,475.
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 June 2026, there are 39 active listings in FARMINGTON, NM (zip code 87402), compared to 50 the prior year.
The median listing price in FARMINGTON, NM 87402 is $386,475 as of June 2026, a 20.5% decrease from $486,225 the prior year.
Homes in FARMINGTON, NM 87402 spend an average of 34 days on the market before going under contract, compared to 65 days the prior year.
Based on current inventory and days-on-market data as of June 2026, FARMINGTON, NM 87402 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 65 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 $386,475. 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.