Area data
Farmington, NM — ZIP 87401
Population: 45,229 (Census ACS)
Home values & appreciation
- Median home value
- $274,754
- 1-year appreciation
- +6.0%
- 3-year appreciation
- +16.4%
- 5-year appreciation
- +39.2%
- 10-year appreciation
- +58.0%
- All-time peak (2026-07)
- $274,754
- House Price Index
- 406.5 (+0.8% YoY)
Market activity
- Median sale price
- $328,000
- Median list price
- $298,500
- Median days on market
- 27 days
- Active listings
- 48
- 1-year forecast
- +2.5%
- Days to pending
- 31 days
- New listings (monthly)
- 41
Rents
- Typical rent
- $1,264/mo
- 1-year rent change
- +6.8%
- 1BR fair-market rent
- $1,103/mo
- 3BR fair-market rent
- $1,715/mo
Affordability
- Cost of living index (Below Average)
- 92.5 (100 = US avg)
- Electricity rate (state-level)
- 15.1¢/kWh
- Natural gas rate (state-level)
- $9.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 18
- Elementary schools
- 10
- Middle schools
- 4
- High schools
- 3
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- drought, lightning, winterWeather, coldWave, heatWave
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 53.0°F
- Average high
- 69.0°F
- Average low
- 38.0°F
- Annual precipitation
- 7.6 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 46
- Days with Good air quality
- 249
Walkability & transit
- Walkability index
- 12.5 / 20
- Transit service frequency
- 526
Amenities
- National parks within ~60 mi
- 4
- Nearest national park
- Aztec Ruins National Monument (12 mi)
- Nearest airport
- Exceptional Community Hospital Heliport (3 mi)
- Nearest major airport
- Four Corners Regional Airport (FMN) (3 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 2.0 / 5
- Solar radiation rating
- Good (5.5 kWh/m²/day)
Migration
- Net migration
- +860 tax filers
Housing stock
- Median year housing built
- 1,983
- Median annual property tax
- $1,302
- Mean commute to work
- 18 min
- Households with broadband internet
- 62.2%
Employment & development
- Total county employment
- 34,792
- Average weekly wage
- $1,031
- Top industries (by employment)
- Health Care, Accommodation & Food, Mining
- Annual residential building permits (county)
- 70
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →