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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 June 2026. *

The typical home value in Farmington is projected to be $354,300 for the month of April. March's finalized data reported the typical value of a home in the city to be $354,500—up 23.52% over the previous 12 months. For comparison, county-level data pegged home values at $354,500 in San Juan County for the most recent reporting period. That number is expected to float around $356,750 in April.

Farmington had 28 new listings and 47 listings that went under contract in March, and this decreasing trend left the area's total available inventory at 57—down 25.0% from the previous month. Inventory is projected to decrease in April.

Of those 57 active listings, 28.07% reduced their price in the month of March. The median listing price for homes in Farmington fell 9.65% from February to March, bringing the current median listing price to $332,000. Based on projected data for April, listing prices may continue to fall.

The number of days that homes have been on the market prior to going under contract fell year-over-year. In March 2026, the median time for a listed property to go pending was 73 days, compared to 117 days in March 2025. In recent months the median number of days from listed to pending appears to be decreasing. That trend is predicted to have carried through to this April.

Farmington, NM real estate
12
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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“Courtney was fantastic from day one! She knew the area and was very knowledgeable about Arkansas real estate transactions. She was responsive and flexible and went the extra mile over and over. We would highly recommend her to anyone buying or selling in the greater Little Rock area.”

Matt Pollock · Conway, AR

Photo of Courtney Jones
Century 21 Parker & Scroggins Realty
“From beginning to end Julie was amazing and exceeded our expectations. We were moving to Texas from Virginia so her local and state knowledge was invaluable. She presented a good variety of homes that fit our needs in the areas we were interested in and when we chose one she was on top of everything particularly keeping the momentum going with a less responsive seller/seller agent and enabling us to close in a timely manner and at a good price for the area we chose. We would highly recommend Julie to anyone who wants a smooth home buying/selling experience, she is the best we have experienced and we have bought and sold a few houses over the years. Thank you Julie, we love our new home.”

Lynn Boyd · Lago Vista, TX

Photo of Julie Mattoon
Century 21 Realty Network
“Guy has helped us purchase three homes and sell two. There's no one else we would use or recommend. He has always been reliable, easy to reach, and extremely knowledgeable. He made sure we weren't wasting our time and kept us within our budget while getting the most for our money. He is very patient and not pushy at all. Guy genuinely wanted to make sure we would be happy with the homes we chose, never rushing us into a decision. In both buying and selling, we always knew Guy had our best interests in mind.”

Carly Guse · Canal Winchester, OH

Photo of Guy Reece
e-Merge Real Estate
“From the very first meeting with Kyle, I felt very comfortable with his profesionalism...not only in how he handled himself, but also taking into consideration his knowledge of the real estate business. Kyle was not pushy nor was he forcefully opinionated. Kyle did not "play games" as he presented the realities of the property I wanted to sell, and he gave me a very good idea of value and expectations up front...no attempts to dissuade me over to his possible personal likings or personal opinions. Kyle mostly listened, and then quickly gave me legitimate and honest feedback on each item. Kyle was easy to contact throughout the sale process, which made everything seem easier than it might have been had Kyle not ben my agent.”

Susanna Robar · Los Osos, CA

Photo of Kyle Rice
Coldwell Banker Premier Real Estate
“This was my first time needing a realtor and purchasing my first home and I picked the best realtor! Loree is awesome! She was always available for multiple trips to look at different houses. Communication between us was always prompt and precise. She was very knowledgeable of housing areas and pointed out things I didn't know or would of missed. It was an exciting but overwhelming time for me and Loree eased my mind and explained things thoroughly as I went thru the buying process!”

Lisa Eads · Lancaster, OH

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e-Merge Real Estate
“Shane Anderson was professional and gave me good advice. He was understanding of my situation. Shane didn't rush me. He told me what to expect. He asked about my needs and wants thoughout the process. I am so glad my daughter suggested that I contact him. Shane is experienced and knowledgable. I would highly recommend Shane Anderson.”

Carolyn Braaten · Tea, SD

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Century 21 Krogman & Company
“Nicole was a great help in purchasing our new home. She worked with us closely, was always available for showings, was a part of our house inspection and final walkthrough to ensure everything was covered. She gave us great advice and we got a great place to live. I will definitely call on Nicole for our next sale or purchase!”

Lisa Fallen · Indianapolis, IN

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Century 21 Scheetz
“Jennifer is excellent at her job.”

Katherine Mears · Butte, MT

Photo of Jennifer Jollie
Century 21 Shea Realty
“Spencer was awesome to work with. Very experienced, responsive, thorough, and honest throughout the process. We would recommend him to anyone who is looking to buy a home.”

Bri and Tyler · Dudley, MA

Photo of Spencer Fortwengler
Topp Realtors
“Chris Morris went above and beyond to help me through the process of selling my sons house due to passing away. He helped me understand and made the process very simple. I would absolutely recommend him to friends and family in any and all off their sales.”

Susan · Bismarck, ND

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Century 21 Morrison Realty
“Vanessa is amazing. She really works hard foe your real estate needs. She takes time to really listen to your wants and needs. She offers amazing support, answering any questions you have . I wish all realtors were like her.”

Anonymous · Wichita Falls, TX

Photo of Vanessa  Stoddard
Century 21 Gold Coat Realtors
“I'm very happy with Tara and the way we came up with a detailed plan on how we were going to price and market my parents' home. Since this was an emotional tranaction for our family, it was nice to have someone with extensive knowledge of the local market, and it definitely paid off in using Tara. Thank you, Tara, for everything you did for the family during this difficult time. I would recommend Tara 100 times over!”

Jeff McClure · Oroville, CA

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eXp Realty
“Tim is Sister Lakes. Nobody else is close. Tim knows everyone and networking is key. This is not a difficult decision. If you are selling or buying in Sister Lakes, he is the best.”

Jim & Gail Kestermeier · Dowagiac, MI

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Cressy & Everett Real Estate
“This has the third time I've worked with the Haagenson team, and while I worked more with Kristina Dreiss than Ryan Haagenson, I know the whole team is the best at what they do, professional, knoweldegable and helpful, I would recommend them to anyone looking to buy or sell a home. Thanks!”

Jay · Saint Paul, MN

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RE/MAX Results
“Beth was absolutely amazing. This was our first home buying experience and we were so lucky to have her as our realtor. We felt like she really listened to what we were looking for, respected our budget, and helped us find the perfect home! She was wonderful at explaining the process and making sure we felt supported throughout the whole journey. We 10/10 would recommend her to anyone!”

Austin & Katy · Lincoln, ND

Photo of Beth Ivesdal
Century 21 Morrison Realty
“My experience was everything with purchasing my first home with you, I really appreciate you so much and working with me from beginning til the end, I can't thank you enough for getting me to the closing table.”

Jasmyne Capel · Robbins, NC

Photo of Tess LeGrand
eXp Realty LLC
“Makenna is a the best and always willing to take the time to make sure her clients are happy.”

Karina Skurk · North Bend, OR

Photo of Makenna Anderson
Mast Realty Group
“Amanda consistently supported us during a somewhat lengthy process. She always had our interest during negotiations.”

Debby · Northfield, MA

Photo of Amanda Abramson
Cohn & Company Real Estate Agency
“Kathy Blakey was perfect in every aspect of buying my new house she was available any time and even on weekends and every time I had questions she had the answers she's very knowledgeable she went out of her way to help me and I would use her again and recommend her to anyone”

Joe Malatesta · Georgetown, DE

Photo of Kathy Blakey
Century 21 Gold Key Realty
“Lisa was amazing to work with, she was very professional, had great communication, and knowledge of everything we had questions about, was was very personable. She made the house buying process way easier and way less scary than people make it seem.”

Wade Crow · Farmington, IL

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MoveSmart 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.