Farmington Housing Information - Census

IndexFarmingtonNew MexicoNational
Median home price$174,900$161,600$184,700
Median rent asked$808$792$949
Avg. people per household2.82.72.6
Owner occupied households66.9%67.8%63.6%
Renter occupied households33.1%32.2%36.4%

Farmington Housing Information - Zillow

IndexFarmingtonNew MexicoNational
Zillow home value indexn/a$173,300$196,500
Year over year appreciation raten/a5.80%6.79%
5 year average appreciation raten/a1.87%5.28%
10 year average appreciation raten/a-0.96%0.01%

Did you know?

  • The median home price in Farmington is 5% lower than the national average.
  • The median rent asked in Farmington is 15% lower than the national average.
  • The average number of people per household in Farmington is 7% higher than the national average.
  • The number of owner occupied households in Farmington is 5% higher than the national average.
  • The number of renter occupied households in Farmington is 9% lower than the national average.

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Compare Farmington, NM Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Nenahnezad, NM730$46,70075%
Upper Fruitland, NM1,612$54,50070%
Napi Headquarters, NM732$59,00068%
Ojo Amarillo, NM691$108,90041%
North Light Plant, NM495$112,50039%
Farmington, NM44,067$174,9005%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Lombard, IL44,025$240,60030%
Attleboro, MA44,121$271,00047%
Cutler Bay, FL44,002$216,50017%
Blacksburg, VA43,973$276,50050%
St. Cloud, FL44,198$132,90028%
Farmington, NM44,067$174,9005%
Source: The Farmington, NM housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.