What is the housing market like in Farmington today?
In February 2025, Farmington home prices were down 1.3% compared to last year, selling for a median price of $269K. On average, homes in Farmington sell after 28 days on the market compared to 30 days last year. There were 23 homes sold in February this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$269,000
-1.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Farmington, NM
$269,000
-1.3%
United States
To compare other locations to the Farmington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Farmington add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Farmington housing market?
Farmington is somewhat competitive. Homes sell in 19 days.
0
100
68
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 19 days.
Hot homes
can sell for around list price and go pending in around 10 days.
All Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List PriceAll Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List Price
(All Home Types)
100.0%
+0.9 pt YoY | Jul 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
--
Growth
% YoY
Farmington, NM
--
--
United States
Farmington Migration & Relocation Trends
No data on migration and relocation available in this area right now
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Farmington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Farmington.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Farmington has a minor risk of flooding. 789 properties in Farmington are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Farmington. Flood risk is increasing slower than the national average.
95% of properties are at risk of wildfire over the next 30 years
Fire Factor
Farmington has a moderate risk of wildfire. There are 17,451 properties in Farmington that have some risk of being affected by wildfire over the next 30 years. This represents 95% of all properties in Farmington.