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Farmington, NM real estate

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Farmington real estate Market Report.

Information and statistics on the latest trends in the Farmington real estate market, updated for April 2026. *

The typical home value in Farmington is projected to be $402,380 for the month of March. February's finalized data reported the typical value of a home in the city to be $354,900—up 36.0% over the previous 12 months. For comparison, county-level data pegged home values at $350,000 in San Juan County for the most recent reporting period. That number is expected to float around $381,280 in March.

Farmington had 40 new listings and 39 listings that went under contract in February, and this decreasing trend left the area's total available inventory at 72—down 4.0% from the previous month. Inventory is projected to decrease in March.

Of those 72 active listings, 16.67% reduced their price in the month of February. The median listing price for homes in Farmington grew 5.0% from January to February, bringing the current median listing price to $367,450. Based on projected data for March, listing prices may continue to grow.

The number of days that homes have been on the market prior to going under contract fell year-over-year. In February 2026, the median time for a listed property to go pending was 38 days, compared to 48 days in February 2025. However, in recent months the median number of days from listed to pending appears to be rising. That trend is predicted to have carried through to this March.

Farmington, NM real estate
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.

* Data provided by Redfin, a national real estate brokerage.

Learn more about what Farmington has to offer.

Farmington offers residents a vibrant mix of outdoor adventures, thriving cultural experiences, and a close-knit community that prioritizes quality of life.

Farmington sits where the San Juan, Animas, and La Plata rivers meet, offering a regional hub for healthcare, shopping, and everyday services that support both long‑time residents and new arrivals. With US Route 64 and nearby regional air service, it provides practical access to Albuquerque and the wider Four Corners area while maintaining a manageable scale and easy commutes.

Daily life is centered on attainable housing, strong utility infrastructure, and a growing mix of retail and dining. Families appreciate resources like Farmington Municipal Schools and the Farmington Public Library, while outdoor enthusiasts head to Bisti/De-Na-Zin Wilderness, the Animas River Trails, and Lake Farmington for walking, biking, paddling, and fishing. The City of Farmington maintains an active parks and recreation system, making it easier to stay connected and active close to home.

Cultural and sports amenities, including events at Ricketts Park and attractions in San Juan County, give residents more to do without long drives. At the same time, neighborhoods across Farmington offer a range of price points, from starter homes to larger properties, which can make choosing the right area feel complex.

Local real estate agents who know traffic patterns, utility providers, school boundaries, and micro‑market trends can simplify decisions and reduce stress. Agent Pronto connects buyers and sellers in Farmington with those local experts so each move is more informed and less overwhelming.

Find your Farmington real estate agent today →


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“Nikki provided exceptional service during my home-buying process. She was far more than just an agent; she became a trusted friend. On the many occasions I felt like giving up and renting, her kind and supportive words kept me motivated. As a first-time homebuyer, I could not have asked for a better advocate or a better friend.”

Taylor Sanders · Tyler, TX

Photo of Nikki Huml
Miller Homes Group
“Tammy Tingle was everything you'd want and expect from a top tier real estate professional. Accessibility, knowledge of the market, professionalism, first class marketing of our property which I find is essential if you want to sell your property fast and for the most money. Her understanding of your property's value in an ever changing marketplace is paramount for your success in obtaining the most for your home. Tammy Tingle possesses all of these qualities which is why I would highly recommend her expertise to anyone wanting to buy or sell property on Amelia Island.”

Stephen Lang · Fernandina Beach, FL

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Century 21 Miller Elite
“Can't recommend Patty and Alexa enough. They did a great job - house sold in a matter of days. They keep you informed every step of the way- it was a very pleasurable experience working with Patty and Alexa.”

Matt Jennings · O'Fallon, MO

Photo of Patty Stellern
Keller Williams Realty
“If you're thinking about selling your home, look no further. Tim Mitchell is the ABSOLUTE BEST. His knowledge, professionalism, communication skills and overall Real-estate experience is EXTREMELY IMPRESSIVE. We couldn't be more satisfied with the TIM MITCHELL TEAM at Cressy and Everett - Sister Lakes.”

Jeff and Diane Chancey · Dowagiac, MI

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Cressy & Everett Real Estate
“Ryan was very professional and really listened to what I was looking for. He was always available to show me homes I wanted to look at.”

Patricia Maier · Bismarck, ND

Photo of Ryan Wolf
Century 21 Morrison Realty
“This is literally the third home transaction that I have worked with Jenn on, she has been outstanding in every category in all three. She has consistently gone out of her way to do things that she did not need to do for my benefit. No question that I would highly recommend her services to other people. Whenever I would text her a question, I would always get a timely response, her communication skills and knowledge are outstanding.”

Randy Butler · Niles, OH

Photo of Jenn Henderson
Century 21 Lakeside Realty
“Casey was a real gem. He was observant, accessible, professional and very easy to talk too. He was patient as well. I would not hesitate to recommend him to friends and colleagues.”

Jan Kovac · Jacksonville, FL

Photo of Casey Clearman
Century 21 Lighthouse Realty
“Isaiah was integral in the purchase of my first home. As a first-time homebuyer, I was overwhelmed with all the options and choices out there. Isaiah was extremely helpful in understanding my non-negotiables and wants for my house, and compiled a great list of options that helped narrow down my search! He was readily available, quick to respond to any questions I had, and made any necessary communication with other parties during the process. My home buying process went as smoothly as it could've, and I thank Isaiah for that!”

Kaylee Ollila · Waukee, IA

Photo of Isaiah Thomas
Century 21 Signature Real Estate
“Very nice people to work with and helped us score the deal of our life's as first time home owners. Grateful to have worked with them!”

Ashley DM · Elon, NC

Photo of Sonia Sweat
Keller Williams Central
“My dad passed away and left his house to my sister I, we were not familiar with Oroville but Annie was a tremendous help getting the house ready for sale with local resources (cleanup crew) her own family helped allot! We were very grateful! She did an excellent job getting the property sold fast!”

Eric Watson · Oroville, CA

Photo of Annie Latka
Century 21 Select Group
“Working with Liz was an amazing experience during the purchase of our first home! Liz was pivotal in us figuring out our ideal home style and what was around that fit our needs. Once we found THE home for us Liz worked even harder to get us the best price and all of the best inspectors and lawyers to complete the process. We couldn't imagine going this process again with anyone but Liz and will be referencing her to all of our friends!”

Andrew Duquette & Shannon Baily · Leland, NC

Photo of Liz Pyykkonen
Sold Buy the Sea Realty
“extremely thorough, fun to work with would strongly recommend her.”

Dale Houck · Newberg, OR

Photo of Laura Oviatt
Berkshire Hathaway BHHS Northwest Real Estate
“Tina was so easy to work with and went so far above and beyond to make the sale happen. If you're looking to sell, she's your girl! Hands down the best!”

Travis Greene · Papillion, NE

Photo of Tina Sempeck
Milford Real Estate Group
“We had a great experience with Bailey. She was on top of everything and responded promptly when we had questions. Highly recommend!”

David Harms · Seagraves, TX

Photo of Bayley Falkenbury
Lyons Realty
“Cinny is an interpersonal salesperson with clear understanding of the seller needs. I highly recommend her on your next real estate buy\sell endeavor.”

Robert Tsang · Chicago, IL

Photo of Cinny Chui
Century 21 Realty Associates
“Wendy Flynn was ABSOLUTELY OUTSTANDING! SHE HAS SUCH A WARM AND WONDERFUL PERSONALTY AND A WALKING BOOK OF KNOWLEDGE! SHE WAS ALWAYS THERE TO ANSWER ANY QUESTIONS AND OFFER ADDITIONAL INFORMATION. SHE COMPLETLY MADE US FEEL LIKE FAMILY♥️ WENDY MADE THE WHOLE PROCESS OF BUYING A HOME SUCH A BREEZE. SHE ALWAYS KEPT US INFORMED AND IF WE HAD ANY QUESTIONS SHE WAS ALWAYS RIGHT THERE WITH THE ANSWER. WORKING WITH WENDY WAS THE EASIEST PROCESS WE HAVE EVER HAD! OUTSTANDING SERVICE, GUIDANCE AND ATTENTION!♥️”

James & Holly Kemp · Jackson, MO

Photo of Wendy Flynn
RE/MAX Plus Realty
“My family and I are very appreciative and greatful for the seemless process during the purchase of our new homw! Thanks Sylvia!”

P Adams · Huntersville, NC

Photo of Sylvia  Gause
Coldwell Banker Realty
“Dayana is the realtor for the buyer looking to purchase in a seller's market. Her expertise was the key to our acquiring the property we now own. From showing us various properties, to continually checking in with us, to putting together a competitive and timely offer, to connecting us with a good attorney, to negotiating the terms of the contract, and otherwise guiding us through the process, Dayana was the best. Thank you Dayana!”

Kent and Lisa · Batavia, IL

Photo of Dayana Polhill
CENTURY 21 Affiliated
“I was referred to Alex from a friend after my current agent failed to properly market the home, I had 3 showings in 2 months. When Alex took over my home sold in less than a month.”

Sean C · Bristol, VA

Photo of Alexandria Rose
The Addington Agency
“Megan went over and above with her help with everything. From helping us find the perfect home for us, was there for us 24/7 with every question and request, we purchased from across the country, she was just incredible to work with, we can't thank her enough ❤️”

Florencio · Gurdon, AR

Photo of Megan  Bradshaw
Century 21 Parker & Scroggins Realty

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Farmington. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.