The above shows an overview of the real estate market in Farmington, NM. Note how the median home price for Farmington, NM runs $174,900, which is 8% higher than the average property price for New Mexico. So you’re going to get real estate in Farmington, NM that is on-average less affordable than what you’ll find in the rest of New Mexico. As for rent, the median for Farmington, NM runs $808, which is comparatively 2% higher than the average rent for New Mexico. For Farmington, NM, about 66.9% of the population consist of home owners with about 2.8 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Farmington, NM offers a wide variety of real estate. To find your perfect home in Farmington, NM, filter your choice by price, location, and number of beds and baths using the search area above.