$365,000
- 3 bd
- 2 ba
- 1,752 sqft
3006 N Sullivan Ave
Farmington, NM Housing Market
$282,854
6.7% 1-yrThe average Farmington, NM home value is $282,854, up 6.7% over the past year, and homes go to pending in around 12 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Farmington Key Takeaways
Typical Home Values: $282,854
1-Year Value Change: +6.7%
(Data through September 30, 2026)
Farmington Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 155 ()
New Listings: 53 ()
Median Sale to List Ratio: 0.999 ()
Median Sale Price: $309,967 ()
Median List Price: $339,467 ()
Percent of Sales Over List Price: 31.6% ()
Percent of Sales Under List Price: 42.5% ()
Median Days to Pending: 12 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Farmington
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Farmington Rental Market Trends
Average Rent: $1,535 ()
National Average Rent: $1,932 ()
Month-Over-Month Change: 0% ()
Year-Over-Year Change: 4.2% ()
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Farmington, NM?
The median home value in Farmington, NM is $282,854 as of September 2026. This represents a 0.0% increase compared to last month and a 6.7% increase year-over-year.
How have home values changed in Farmington, NM?
Home values in Farmington, NM have increased by 0.0% month-over-month and 6.7% year-over-year.
How do home values in Farmington, NM compare to San Juan County, New Mexico, and the national average?
The median home value in Farmington, NM ($282,854) compares to: San Juan County ($273,559), New Mexico ($315,812), and the U.S. national median ($366,157).
